Fredrick "Fritz" Kaegi is an American politician who has served as Cook County assessor since 2018.
10 Facts About Fritz Kaegi
Fritz Kaegi grew up in the Hyde Park neighborhood of Chicago.
Fritz Kaegi graduated from Haverford College and went on to get his Master of Business Administration from Stanford University.
For more than twenty years, Kaegi worked as an asset manager.
Fritz Kaegi holds the designations of Chartered Financial Analyst and Certified Illinois Assessment Officer.
Fritz Kaegi is a member of the International Association of Assessing Officers.
Fritz Kaegi originally had appeared to have successfully challenged the ballot petitions of Andrea Raila, kicking her out of the race, thus making the primary a one-on-one race between Fritz Kaegi and Berrios.
Fritz Kaegi reassessments have been seen as shifting the tax burden from residential to commercial properties.
Fritz Kaegi has received pushback from localities for the increased value assessments he has given to many commercial properties, as localities worry that if commercial property owners successfully appeal to the Cook County Board of Review, there is a risk that local tax bodies will need to give tax refunds to the ownership properties in question.
Amid the COVID-19 pandemic, Fritz Kaegi moved to reduce the tax burden on most commercial and residential properties, to account for the pandemic's impact.