Cook County Treasurer Maria Pappas has expedited next year's first installment bill in order to allow more accurate prepayments. The bills are available at her website cookcountytreasurer.com and prepayments can be made online through Chase banks for the first time, she said.
Essentially, homeowners can prepay an amount equal to their previous year's tax bill since the pending year's tax bill is unknown, officials said. They can prepay only up to one year. They will be billed for any increase in their taxes or sent refunds in the slim chance their property tax burden was reduced.
Prepayments need to be made by Dec. 29, the last business day of 2017, to count on this year's tax returns.
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