Homeowners taxes rise, commercial taxes drop

Illinois homeowners continue to take a beating – their property taxes have risen again while the share of property taxes paid by commercial and industrial property owners shrank.

A Daily Herald analysis of Illinois Department of Revenue records showed that the Cook county proportion paid by homeowners increased 11.3 in the last 10 years, from 1001 to 2010, and DuPage county increased by 4.6 percentage points in the same time period. And worse yet, taxes paid to Illinois’ 6,000-plus units of government rose nearly $9 billion over the same decade!

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