Understanding H.R. 1: How Federal Tax Code Changes Could Impact Illinois
by Paula R. WorthingtonDownload the Executive SummaryExecutive SummaryAs the State of Illinois (Illinois or…
by Paula R. WorthingtonDownload the Executive SummaryExecutive SummaryAs the State of Illinois (Illinois or…
by Roland CaliaClick here to read the full report…
by Grant McClintock Since opening in September 2023, Chicago’s temporary casino has consistently underperformed revenue expectations. Presented as a potential windfall to support Chicago’s underfunded police and fire pensions, every…
by Christopher Berry, Roland Calia, Eric Langowski, and Annie McGowanClick here to read the full report…
by Daniel Vesecky Note: This summary was prepared in advance of the November 10, 2025, hearing to serve as an easy reference for City Council members, media, advocates, and Chicago residents.With the City of Chicago (Chicago or the ‘…
By Grant McClintock and Daniel VeseckyUpdate 11/6/2025: On November 5, S&P Global Ratings adjusted its outlook on Chicago’s credit rating from stable to negative. Read the Civic Federation's…
by Daniel VeseckyTax Increment Financing (TIF) Districts are a complex, often misunderstood part of Chicago’s tax structure. TIF Districts segment and dedicate a portion of property tax collections within a designated geographic area to…
A coalition of Illinois policy and civic leaders released Modernizing Illinois' Sales Tax: A Pathway to a Sustainable Future, which outlines the potential impacts of updating the state’s sales tax system. The report — coauthored by…