Previously, County Executive Innamorato proposed a 46% tax increase. The council is suggesting a 28.5% increase instead.
5. The formula for arriving at the amount owed to local units of government is simple: Assessed Value times the Rate equals ...
Mayor Brandon Johnson is now proposing hiking Chicago property taxes by $150 million, down from his original $300 million ...
President-elect Trump promised a slew of tax breaks for the middle class. Can he keep those promises and if so, at what cost?
Johnson last week described the $300 million property tax he broke a campaign promise to initially propose as a ploy to “get people’s attention” once it became clear the City Council would reject the ...
The actual property tax rate in Sterling could decrease by nearly 6% next year, city officials say. The announcement came ...
Voters in half a dozen states approved ballot issues aimed at lowering property taxes, but a measure in North Dakota that would have completely repealed the property tax proved to be a bridge too far.
State representatives are trying to close a tax loophole that they say is used by wealthy corporations, especially big box ...