This article profiles many of the major reforms Chicago Public Schools may need to make in order to ensure long-term fiscal health. The Civic Federation says that because the District’s financial problems stem in part from delayed State of…
New rulings by the Illinois Department of Revenue have reignited a debate over whether the State’s non-profit hospitals provide adequate charity care to patients in exchange for their property-tax exemptions. On August 16, 2011 the…
Findings from the Civic Federation’s “Estimated Full Value of Real Property in Cook County: 2000-2009” report is the focus of this…
This article discusses the Civic Federation’s “Estimated Full Value of Real Property in Cook County: 2000-2009” report, which found that…
This article explores Chicago Public Schools’ decision to raise its property tax to the maximum amount allowed while also making program and staffing cuts to balance a $712 million budget gap using some of its reserves. The Civic…
In this news segment about Chicago Public Schools proposal to increase its property tax levy to help fill its $712 million budget gap, Civic Federation Vice President Lise Valentine says that CPS is making difficult but reasonable choices…
This article discusses Chicago Public Schools proposal to increase its property tax levy to the maximum amount allowed – as well as make major staffing and program cuts – to help fill its $712 million budget gap. Civic Federation Vice…
This news segment discusses Chicago Public Schools proposal to close its $712 million budget gap by raising its property taxes to the maximum amount allowed and making significant cuts to staffing and programs. The Civic Federation says it…
CHICAGO – The full market value of real estate in Cook County was approximately $550.1 billion in tax assessment year 2009 according to an annual estimate released today by the Civic Federation. This total value represents a decline of $…
This report provides estimates of the total market value of real property in Cook County from 2000-2009 and shows how property value is spread among the City of Chicago, the northern and the southern suburbs. The full market value of real…
