Cook County Collects $757M in Property Tax Prepayments
Thousands of Cook County property owners prepaid 2017 tax bills before the end the year, to the tune of almost $800 million.
That amount could get a bit bigger once the Cook County Treasurer’s office has received payments that were mailed in with a 2017 postmark.
Treasurer Maria Pappas herself was in the office on New Year’s Eve receiving last-minute payments. Her office says that of the prepayments, Chicago Public Schools gets the biggest piece of the early pie, at $220 million. The city will receive $112 million and the county will get $46 million.
Payments go out to those taxing bodies on Jan. 19.
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