Yesterday the Cook County Clerk released the 2008 property tax rates for more than 1,200 taxing agencies in Chicago and suburban Cook County. According to the Chicago Tribune, property taxes will raise a total of $11.2 billion, up 4.2% from $10.75 billion last year. For the full article read, “Chicago property tax: Bigger bills headed this way“.
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For more on Cook County property taxes read the Chicago Tribune’s,”Double-digit property tax increases in city, Cook County suburbs” on October 27, 2009.