Tax bills soon to land for Cook County property owners will take a larger bite from businesses countywide and from many Blacks and Latinos in the suburbs, a new analysis shows.

The report from Cook County Treasurer Maria Pappas’ office concludes that commercial and industrial property throughout Cook County will account for total billings of $7 billion this year, up 6.2% from 2020. Homeowners, meanwhile, are paying an aggregate 1.3% more, or $8.9 billion, it said.

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