Schools
New Trier School Officials Concerned About Potential Property Tax Freeze
New Trier residents, what do you think of the proposal to freeze property taxes for owners whose homes become less valuable? Tell us in the comment section below.
Some state lawmakers are proposing to freeze property taxes for owners whose homes become less valuable, a move that has some New Trier High School Township District 203 officials worried, Chicago Tribune reported.
In December the district raised its taxes by about $2.9 million, if the district is unable to raise the levy, the amount it could ask for would be frozen, meaning an annual loss of $2.9 million, according to Associate Superintendent Don Goers, Chicago Tribune reported.
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Would you support the proposal to freeze property taxes for homeowners whose properties are underwater?
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