Total Chicago Property Tax Burden Rose by $2.7 Billion, or 53.3%, Between Tax Years 2014 and 2023 – Civic Federation

The Chicago Public Schools increased property taxes from $2.4 billion to $3.8 billion, a 60.6 percent or $1.4 billion increase. Much of the increase is due to the reinstatement of a dedicated property tax levy to fund teacher pensions in FY2017.

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