Reported about 1 year ago
Darryl Lloyd, a homeowner in Chicago, was shocked to receive a property tax bill exceeding $30,000, a significant jump from $1,800 the previous year. Despite his modest home being assessed for over $1 million, Lloyd believes its market value is around $180,000. After initially struggling to resolve the issue with the Cook County Tax Assessor's Office, it was confirmed as an error, leading to a corrected tax bill. Thousands of homes in the area were reportedly affected by incorrect assessments, with Lloyd pushing for immediate action on the matter.
Source: YAHOO