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Homewood, Flossmoor tax rates will be set with new calculations

The Cook County Assessor’s Office and the Cook County Board of Review have agreed to use a new tax-rate calculation for the 2026 tax year when properties in Homewood and Flossmoor are reassessed.

The Cook County Property Tax Reform Group commissioned an independent audit on how the county was assessing commercial properties. The audit identified that the assessor and Board of Review were using two different methodologies to reach its tax rates. With this change,…

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