Residents of Cook County don't need to be told that they shoulder a heavy property tax burden. Illinois has the second-highest real estate property taxes in the country. Last year, Moody's Analytics concluded that Illinois has a bigger public pension debt than any other state.

A new report by Cook County Treasurer Maria Pappas looks at the tax burden in a new way. Her office calculated the total government debt and allocated a share of it to each property on the tax rolls. This is illuminating because not all properties bear the same burden, even if their value is comparable.

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