Press Detail

City taxes expected to drop

Posted on October 06, 2004

Chicago Tribune

This article discusses the release of the 2003 Cook County tax rates and the effect of the 7% assessment cap on Chicago homeowners' expected tax bills. It cites The Civic Federation's position that the 7% cap provides only short-term relief, and a long-term solution to the overreliance on property taxes to fund local government is still needed.