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Homeowners expect property tax relief as state gives $26.5 million in grants to 20 south suburban sc

SSMMA

After years of homeowner complaints and dire warnings about the effects of high property taxes, many south suburban residents this year should finally get some relief from the state.

Local property owners are poised to save a collective $26.5 million this year, nearly half the $53.6 million awarded to area schools in the second year of the Illinois Property Tax Relief Grant program.

Lawmakers in 2017 approved the Evidence-Based Funding for Student Success Act to address how a lack of state funding for education has made communities too reliant on real estate taxes to fund schools…Please click here to read Ted Slowik’s column in the Tribune/Daily Southtown.

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