Illinois Quick Hits: County study reflects massive property tax hikes
(The Center Square) – According to a study by Cook County Treasurer Maria Pappas, property taxes in the county increased at twice the rate of inflation and well above the rate of wage growth from 1995 to 2024.
The report says local officials took advantage of loopholes in a state law designed to limit tax increases to 5% or the rate of inflation, whichever is less.
School districts, which accounted for nearly 55% of the county’s property taxes in 2024, hiked taxes by 189.4% during the past 30 years.
CHICAGO PUBLIC SCHOOLS CEO TO REMAIN
The Chicago Board of Education has chosen Macquline King to lead Chicago Public Schools for the next three years.
King has served as interim superintendent/CEO since last June.
When her new three-year contract takes effect on July 1, King will receive a taxpayer-funded salary of $380,000 per year.
O’FALLON POLICE CAPTURE ALLEGED BANK ROBBER
Federal authorities are crediting O’Fallon police for nabbing a bank robbery suspect.
George E. Habermehl Jr., 62, is accused of robbing a bank on Highway 50 on March 20.
Prosecutors say the O’Fallon Police Department released still images on social media and received tips identifying Habermehl, who was on probation for bank robbery and recently absconded.
Mostly Sunny then Showers And Thunderstorms Likely
Latest News Stories
Data shows more violent retail thefts, lost sales tax revenue.
Arizona GOP considers suing to redraw congressional map
Pro-life org releases updated pregnancy resource confirming life begins at conception
Illinois Quick Hits: Congressman’s aide indicted on fraud allegations
Social Security’s trust funds: asset, accounting tool or debt?
Fitzpatrick says pro-union bill dealing with contracts will pass U.S. House
Feds investigate LA schools for sexual misconduct allegations
Advocates criticize bipartisan housing bill
Johnson, municipal leaders statewide clash with Pritzker over local funding cuts
WATCH: Report: Washington high schools rank near bottom in personal finance literacy
Citizen Voting Amendment may avoid partisan SAVE Act pitfalls
Democrats ‘Red to Blue’ targets 18 seats in 12 states in November
