Cook County Treasurer Releases Property Taxes Study

Cook County treasurer releases property taxes study

A new report out Monday shows how much property taxes have grown in Cook County.

Cook County property taxes doubled the rate of inflation in past 30 years, Treasurer Maria Pappas study finds

Cook County Treasurer Maria Pappas’ report calls on Democratic leaders that run state government to find ways for local taxing agencies to cut spending.

Property taxes, driven by TIF districts and school funds, outpace inflation and wages: county treasurer study

Property taxes outpaced inflation and grew “well above wage growth” over the last 30 years, shooting up nearly 182%, according to a new report from the Cook County Treasurer’s office.The county’s property tax levy has increased from $6.8 billion in 1995 to $19.2 billion in 2024, or twice the rate of inflation, according to Pappas. If it had remained on track with inflation, per Treasurer’s office calculations, it would be closer to $10.1 billion…