Chicago suburb proposal would give residents $150 to fight inflation

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Possible $150 rebates for Schaumburg homeowners

Local governments are looking for more ways to help families as high inflation continues to cripple household budgets.

Local governments are looking for more ways to help families as high inflation continues to cripple household budgets.

This week, village trustees in Schaumburg endorsed a proposal to give homeowners $150 rebates in the new year.

The payments were proposed by Mayor Tom Dailly, and the funding comes during an $18.4 million surplus in the village's general fund.

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Officials say more than 18,000 people will be eligible for checks.

Payments are still pending a formal approval, which is expected to happen during the next village board meeting on January 10.