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Property tax shock
Submitted by Michael Fielding on Fri, 11/13/2009 - 1:58pm.
Now that the 7% cap on property tax increases has been phased out, we're all paying more:
In Morgan Park, property taxes jumped 4.9%. Beverly neighbors are paying 10.6% more, but the biggest increase was in Mount Greenwood, where homeowners are paying 13.7% more.
You probably received your tax bill last week. What do you think of the phase-out - and will it affect your decision to stay in the area?
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Comment: As a disabled person, this
Submitted by Anonymousisaregistereduser? (not verified) on Mon, 11/16/2009 - 3:06pm.As a disabled person, this is just a killer to my budget. I can't afford to sell at a loss. I'm stuck. And drowning. Ginger, you got an extra million for set asides and a 6% raise for your part time job. So did "da mayor".