New property tax law hits Cook Co. homeowners up front

The Chicago Sun-Times reports:

Get ready to dig a little deeper, Cook County homeowners.

Under a new state law, you'll be forced to pay slightly more of your property tax bill up front so county agencies, municipalities, school districts and other local governments can improve their bottom lines.



The so-called "accelerated billing" law -- which sailed quietly through the General Assembly last year and applies only to Cook County -- requires that the first installment of property taxes due March 2 be computed based on 55 percent of the total taxes paid last year, instead of the usual 50 percent.

The Cook County Democratic thugocracy wants more money upfront. Those pensions cost a lot of money.