Assessor Kaegi Celebrates Passage of HB 1377 – Lawndale News

“Getting new construction onto the tax rolls grows the base and shrinks the tax rate, helping everybody,” said Cook County Assessor Fritz Assessor Kaegi.
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Wally
1 year ago

Every metric I’ve seen shows new construction and home building in IL lagging far behind other states. How many of the illegals are able to afford new homes and there’s certainly not a lot of affluent middle class moving in looking to buy. Another fool’s pot of gold to increase revenue along with gambling and pot.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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