Dossier
Property Tax Bridge Fund Program
Coverage of Property Tax Bridge Fund Program in the Nexus archive.
- Cook County property tax bills delayed again — this time by 2 months
Cook County property tax bills, typically sent in July, are delayed by two months, prompting the reopening of a $300 million Property Tax Bridge Fund Program for suburban tax districts. Chicago Public Schools (CPS) is excluded from the loan program, risking significant financial strain as it previously incurred $220,000 daily in interest costs from short-term loans during a prior delay.