Property taxes going up in this Chicago suburb

Just like everything else, property taxes are going up in St. Charles.

City property taxes will go up by about three-and-a-half percent next year.

The Daily Herald says a government committee recommended approving the increase.

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In real dollars, if your home is worth $300,000, that would equal an extra $24 a year on your tax bill.

St. Charles says it needs to pay increased costs for police and firefighter pension funds.

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