Sunday, September 19, 2021

Pray for Chicago homeowners

Lightfoot plans to increase Chicago’s property tax levy by $76.5M in 2022, aldermen told

The levy increase covers $22.9 million for the automatic escalator tied to the consumer price index; $25 million to bankroll the 2022 installment of Lightfoot’s $3.7 billion capital plan; and $28.6 million captured from “new property.”

 These public sector states, stuck. Being an unprotected homeowner is frightening in Chicago, Hew York, and sometimes California.  Winning elections and counting well often diverge.

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