This report compares effective property tax rates in selected communities around metropolitan Chicago and finds that all communities’ effective tax rates for residential properties rose between tax year 2008 and 2009 for each of the 32…
Chicago Retains Comparatively Low Effective Property Tax Rates CHICAGO - The Civic Federation’s annual estimate of effective property tax rates in the six-county region of northeastern Illinois found that effective tax rates for…
The Civic Federation urges the General Assembly to establish clear standards of eligibility on property tax exemptions for charitable organizations. We are concerned that many organizations are uncertain about their property tax…
In this opinion piece, Phil Rosenthal discusses a recent lawsuit brought by the Regional Transit Authority and the City of Chicago against downstate municipalities in regard to the diversion of tax revenue. The Civic Federation says that…
Today the Civic Federation published an update to its primer The Cook County Property Tax Extension Process: A Primer on Levies…
The State of Illinois still owes income tax refunds to many businesses, but the backlog declined in the fiscal year ended June 30, 2011 and is expected to dip further this year. According to the Illinois Department of Revenue, 4,569…
Illinois’ Personal Property Replacement Tax (PPRT) is a revenue source for local governments that was created by the General Assembly…
The Civic Federation announced its support for the Chicago Public Schools proposed FY2012 budget in a 82-page analysis released today at civicfed.org. Although supporting the CPS’s proposed $5.9 billion spending plan for the coming school…
The Civic Federation supports the Chicago Public Schools proposed $5.9 billion budget for FY2012, which is an increase of 1.5%, or $87.0 million, from the year-end estimates of FY2011. The proposed budget is a reasonable short-term plan to…
