Illinois’ comeback story starts here.

Chicago property taxes have doubled in 10 years, thanks to pensions

Chicago property taxes have doubled in 10 years, thanks to pensions

Chicago’s government pension obligations have increased nearly sixfold since 2014, driving up Chicago’s sky-high property taxes. Another increase for 2025 was likely avoided, but city leaders need state lawmakers to make a permanent fix.

By Bryce Hill

Illinois state pension debt climbs to $144B

Illinois state pension debt climbs to $144B

Illinois' unfunded statewide public pension liabilities grew another $1.5 billion in the past year. Better investment returns couldn’t keep up with public worker pensions growing faster than projected.

By LyLena Estabine

Brandi Lentz

Brandi Lentz

“My husband and I own a couple hundred acres. When I heard about the tax on wooded acreage going up, I emailed the assessor. My previous tax bill was $756. I found out that was going to go up over $10,000.” “What I’ve learned from [state Rep. Wayne] Rosenthal is that when this law passed...