After big spike in property tax bills, Chicago’s south suburbs look for solutions – CBS2 (Chicago)

The South Suburban Mayors and Managers Association is responsible for the Southland Reactivation Act, a tax incentive program aiming to entice investors to develop unused municipally-owned lots. "We are trying to get them back on the tax rolls so they are contributing and lowering everyone else's property tax bill," a spokesperson said.
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Hello, Indiana!
1 year ago

Who in their right mind is going to build a house or business on a lot in a municipality rife with crime and corruption by officials that seem more concerned with being on social media and spending money on themselves than serving the people?

Old Joe
1 year ago

Here’s a solution; stop voting for Democrats.

bingo
1 year ago
Reply to  Old Joe

That’s my motto also…..wish it worked…..but they keep getting put in

Leaving Soon, just not soon enough
1 year ago

End all pensions and wait 30 to 50 years for them to finally be paid off.
Otherwise leave the state is the only answer. Stay and taxes will continue to rise forever.

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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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