This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.CHICAGO — Cook County property owners are getting their latest property tax bills and that is creating some sticker shock. Across the county, second installment 2018 property tax bills are up an average of 4% from 2017. On the North Side of Chicago, homeowners could see an 11% increase in their bill, while South Side homeowners could see a 1% increase. These taxes are due August 1. David Merriman, a professor of public administration at University of Illinois at Chicago, said the property tax issue is caused by several factors. Merriman said county governments, city governments and school districts all play a part. Merriman said the city’s taxes have gone up due to a plan that gradually increases the tax to deal with a pension problem and other fiscal problems. Cook County Assessor Fritz Kaegi said the change in the property tax bills is because the system was broken before he came into office. Merriman agrees. “The assessment system was out of whack in that it assessed higher value homes too low, lower value homes too high,” he said. “And that’s being with better assessment practices.”
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