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Did your taxes go up because of schools?

October 12, 2011

Property tax rates increased an average of 10 percent in school districts around the suburbs this year. But that doesn't mean schools got a tax windfall. In this economy, even those whose property assessment was reduced often ended up paying higher taxes. That's because the value of surrounding property also dropped, pushing tax rates higher.

Source: http://dailyherald.com/article/20111012/news/710129949/
 
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