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Commissioners adopt proposed FY26 tax rate equal to voter-approval rate, set public hearings for Sept. 8
Summary
Cook County commissioners voted to set the proposed FY26 tax rate at the voter-approval rate of 0.3355 and scheduled public hearings on the final budget and tax rate for Sept. 8; the choice preserves potential revenue to avoid drawing an additional $1.5 million from fund balance.
Cook County Commissioners on Tuesday voted to propose an FY26 property tax rate at the voter-approval rate of 0.3355 and set public hearings for the final budget and for any tax-rate hearing on Sept. 8.
The vote followed a budget briefing in which staff explained the difference between the voter-approval rate and the no-new-revenue rate; the judge said the difference between those two options was about $1,500,000 in potential revenue for FY26. The court discussed trade-offs: choosing the lower…
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