Local taxing bodies typically intervene when they fear that property owners will appeal their assessment to the Illinois Property Tax Appeal Board or the Circuit Court of Cook County. If the owners win, the taxing body is on the hook for a refund, sometimes years down the road, a prospect that could mean less revenue and massive legal fees.
Many of those local governments were school districts, leading Crain’s to title the article: “Why local school districts are lining up against Fritz Kaegi?”
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