Taxes and Fees

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Coverage of Civic Federation’s reaction to the State of Illinois’ FY2018 Budget Plan

In the following news pieces, Civic Federation President Laurence Msall discusses details of the State of Illinois’ FY2018 budget plan and the impact the budget will have on the State’s finances. He says that the enactment of the State’s…

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Coverage of the State of Illinois FY2018 Recommended Budget Analysis

The following news items cover the release of the Institute for Illinois’ Fiscal Sustainability at the Civic Federation's analysis of Governor Rauner’s FY2018…

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State of Illinois FY2018 Recommended Operating Budget: Analysis and Recommendations

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The Final 2016 Cook County Equalization Factor is 2.8032

The Illinois Department of Revenue announced in April 2017 that the final equalization factor for the Cook County 2016 property…

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Rauner Tax Freeze: Balm or Timebomb for Local Taxpayers?

This article discusses a proposal by Governor Bruce Rauner that would freeze property taxes in Illinois and the financial repercussions it could have on the State’s local governments. Civic Federation President Laurence Msall…

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Budgetless Illinois Is Overspending By $6B, Experts Say

This article discusses a recent Illinois Senate Appropriations Committee hearing where legislators heard testimony regarding the State’s continued spending far in excess of its known revenues due to the absence of a budget. During his…

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Chicago’s Tax on Other Tobacco Products Struck Down by Cook County Circuit Court

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Coverage of FY2018 State of Illinois Budget Roadmap

The following news items cover the release of the Institute for Illinois’ Fiscal Sustainability at the Civic Federation's State of Illinois FY2018…

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Civic Federation Proposes Comprehensive Multi-Year Plan To Stabilize Illinois Finances

(CHICAGO) – In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability proposes a comprehensive five-year plan that addresses the State’s ongoing financial crisis and budget impasse with painful but…

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State of Illinois FY2018 Budget Roadmap