Hes also willing to swallow the $25 million property tax increase for the capital plan on grounds there is very little argument about the need.. Tax bills have been rising annually in Cook County for 22 years. The city is very highly leveraged. Chicago property taxes will rise by $42.7 millionhalf of what an automatic escalator allowedthanks to a $127.9 million budget shortfall for 2023 that's the lowest in recent memory, Mayor Lori. Cluster bombs are munitions that open in the air and release scores of smaller bomblets. . But after Board of Review decisions, the results of the Assessors work were reversed, in part, the report finds. story He said the only way to pay for recent tax hike would be to raise the rent on the one bedroom apartments, but the rent hike would scare renters away. Four months ago, Lightfoot declared Chicago was poised for the best economic recovery of any big city in the nation, bar none, in spite of what the naysayers claim.. !function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var t=document.querySelectorAll("iframe");for(var a in e.data["datawrapper-height"])for(var r=0;r