During a recent government meeting, concerns regarding rising property tax bills dominated discussions, with residents expressing confusion over the increases. The local tax rate remains at 10%, but the public school system accounts for approximately 70% of the total tax bill. Currently, the state contributes only 24% to local funding, significantly lower than the national average of 47.5%. This disparity has raised alarms about the sustainability of the current funding model, with some residents facing tax increases of $3,000 to $4,000.
The Cook County treasurer, Maria Pappas, has labeled the system as \"broken,\" prompting calls for local taxing districts to reassess their budgets to alleviate the financial burden on residents. Officials urged community members to engage with their elected representatives to address these pressing financial issues.
On a lighter note, the meeting also highlighted upcoming community events, including the first Sunday concert featuring the Mixtape Junkies, scheduled for this Sunday from 6 PM to 8 PM, aimed at attracting families. Additionally, the July 4th parade is set for June 29th at 3 PM, with performances by local artists planned for the Village Green.