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Tax bills show local debt picture

property-taxes

First installment tax bills started arriving in Evanston property owners' mailboxes today, and they include sobering data on the level of debt local governments have run up.

Divide the debt by the number of residents in each taxing district and add it all up and you end up with over $8,000 per person in non-pension debt and another $4,500 or so in unfunded pension debt.

And that doesn't count the state's budget problems.

First installment property tax payments are due March 4.

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