Some property tax increases for homeowners are due to Board of Review actions, Kaegi study asserts; board points finger back at assessor – Chicago Tribune/MSN

“Assessment reductions at the Board of Review shifted a substantial amount of Chicago’s assessed value back onto residential property owners and reduced the tax burden for commercial property owners,” the report from Cook County Assessor Fritz Kaegi said. It goes on to assert that if final assessments by Kaegi’s office had remained in place, “the share of the eventual tax burden for residential property owners would have fallen.”