Chicago Property Taxes Could Soar Due to Inflation, but Lightfoot Says ‘Guardrails' are Being Discussed
Chicago Mayor Lori Lightfoot’s decision to tie annual property tax increases to inflation could potentially have a huge impact on the bills that taxpayers will receive in coming months, but she says that there are discussions underway to “put some guardrails” on the process moving forward. NBC 5 Political Reporter Mary Ann Ahern has more.