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Over 50,000 Senior Homeowners Need to Reapply for their Property Tax Savings

As of last week, over 50,000 senior homeowners in Cook County have not reapplied for property tax savings in which they are entitled to receive. The Cook County Assessor’s Office administers property tax savings, called exemptions. Exemptions contribute to lowering a homeowner’s property tax bill. These savings are especially important for senior homeowners as they can provide thousands of dollars of savings on their property tax bill.