City of Chicago

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FY2023 Chicago Budget Forecast Signals Short-Term Recovery

On August 10, 2022, the City of Chicago released its annual Budget Forecast for FY2023. The Forecast…

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Criminal Justice System FY2022 Spending in Chicago and Illinois

The criminal justice system in Illinois is comprised of a multitude of different agencies and systems. This blog post will focus on the departments that make up the key criminal justice system agencies within Chicago and the State of…

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Chicago Police Department Staffing Analysis

This blog post provides a high-level overview of personnel within the Chicago Police Department (CPD). The information presented includes both budgeted data based on the…

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Chicago Referendum Campaign Launched to Increase Real Estate Transfer Tax on Multimillion Dollar Properties

Bring Chicago Home, a grassroots coalition dedicated to securing an earmarked revenue stream to combat homelessness, has launched a campaign to put a referendum on the City of…

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Chicago Chooses a Casino Site

Chicago Mayor Lori Lightfoot has selected Bally’s Corporation to develop a mega casino in the River West neighborhood at the site of the Chicago Tribune’s current printing plant at Chicago and Halsted Avenues. In addition to the casino,…

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Estimated Full Value of Real Estate in Chicago Higher Than Previous 2006 Peak

The Civic Federation recently released its annual estimate of the full value of property in Cook County in tax year 2019. While the Federation’s estimate of the…

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Selected Consumer Taxes in the City of Chicago - 2022

Click here to read this issue brief online.SUMMARYThis annual report lists and describes selected consumer taxes within the…

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Property Tax Cap To Hit 5% Limit For First Time In 2022

The Illinois Property Tax Extension Limitation Law (PTELL) limits the growth of a taxing district’s property tax levy to 5.0% or the rate of inflation, whichever is less.[1]  …

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Performance Measurements in the American Rescue Plan Act

The $1.9 trillion American Rescue Plan Act (ARPA) was signed into law on March 11, 2021 and provides for $350 billion in funding for eligible state, local,…

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Chicago's Sports Wagering Ordinance

On December 15, 2021, the Chicago City Council approved an ordinance (SO2021-3243) to regulate sports wagering in the…