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Property tax payers get a break for now

Posted on October 06, 2004

Chicago Sun-Times

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.