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82004 CCP 0608 a  12 218 239  Form

82004 CCP 0608 a 12 218 239 Form

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Cheryl some critics say Illinois relies too much on property taxes for school funding when compared to other states now some experts are predicting a property tax Apocalypse in southern Cook County because an assessment increase there can hit homeowners harder are you worried that you'll lose your home I am and Dugo and her husband bought their dream home in unincorporated South Suburban Homewood in 2021 we're not going to be able to afford it it's just that simple they're not sure they can stay after their property tax assessment went up by nearly $300,000 making the tax bill even higher like many other residents in the south suburbs she pays a high tax rate there homeowners rates are between about 14 and 43% but in the north suburbs they're 12% or less the thought of we losing it over taxes is heartbreaking now her Property Tax Bill will jump from $6,000 a year to at least $118,000 it's going to double my Mor we're going to see

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