Tag Archives: Tax Rebate

Property Taxes Expected to Increase in Chicago to Mitigate City’s Impressive Debt

According to Chicago’s 2015 Comprehensive Annual Financial Report, our city’s debt has more than tripled since 2014 and now has unfunded liabilities totaling nearly $24 billion. Without significant pension reforms and spending reductions Chicago’s debt will undoubtedly continue to grow. While city and state officials are pursuing a variety of policies aimed at mitigating… Read More »