Friday, October 07, 2011

Life in "Progress" City - Chicago edition

It's sticker shock in the mail. Tax bills went out to Cook County homeowners this week and the big jump in the amount due to many homeowners has some wondering if they can keep their house.

CBS 2′s Dana Kozlov takes a look at how the dramatic jump in property tax bills is affecting people and what you can do about it.

According to the Cook County Clerk's office, tax rates are up for schools, park districts, municipalities and other government bodies. Some of those tax levies have made double-digit increases in tax rates.

The property tax reality was setting in with Markham homeowner Patricia Taylor on Wednesday.

Asked if she can keep her house after receiving an $8,100 property tax bill, Taylor said, "I don't know right now. It's bad right now, it's really bad."


No comments: