Chicago Public Schools announces property tax increase

WLS

CHICAGO (WLS) -- Chicago property owners will pay more in taxes next year.

Chicago Public Schools announced a $225 million property tax increase. That works out to about $177 for the average homeowner.

More than half the increase will go to teacher pensions.

Report a correction or typo

Related topics:
real estate chicago loop education chicago public schools property taxes

TOP STORIES

5 shot, 1 fatally, in Evanston shooting

Jussie Smollett trial set to begin with jury selection Monday

Tributes pour in for Chicagoan, fashion design Virgil Abloh

Family recounts moments after teen hit, killed while crossing street

Cyber Monday 2021 deals shopping guide

Vaccine inequity, hesitancy made omicron more likely: Scientists

Canada among latest countries reporting cases of omicron variant

CPD seeking men wanted for kidnapping girl near West Side high school

Doordash driver carjacked while delivering food in Ford Heights

Undefeated South Side youth team on quest to national title

Everything you need to know about Hanukkah

40 shot, 3 fatally, in Chicago Thanksgiving weekend violence: CPD