In Illinois, How Are My Property Taxes Determined?
Did you know that, as of 2018, Illinois residents paid the second-highest property taxes in the U.S.? That stat comes courtesy of a report brought to our attention by the Chicago Tribune, which found that Illinois came only behind New Jersey in terms of property taxes. Property taxes are collected by state and local governments, and go toward any number of essential functions, including providing funding for schools, infrastructure, public works projects, first responders, and more. //READ MORE