Property tax shock
Now that the 7% cap on property tax increases has been phased out, we're all paying more:
In Morgan Park, property taxes jumped 4.9%. Beverly neighbors are paying 10.6% more, but the biggest increase was in Mount Greenwood, where homeowners are paying 13.7% more.
You probably received your tax bill last week. What do you think of the phase-out - and will it affect your decision to stay in the area?
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