The Tentative 2010 Cook County Equalization Factor is 3.1773
The Illinois Department of Revenue has announced that the tentative equalization factor for the Cook County 2010 property assessment year (taxes payable in 2011) is…
The Illinois Department of Revenue has announced that the tentative equalization factor for the Cook County 2010 property assessment year (taxes payable in 2011) is…
Despite a significant increase in Illinois’ corporate income tax rate enacted in January 2011, much of the anticipated new State revenue will be offset by corporate tax incentives provided in recent changes to the federal tax code. Known…
This article discusses tax incentives provided to Libertyville, Illinois business Motorola Mobility by the State of Illinois to encourage the company to keep its headquarters in Illinois. The Civic Federation says the deal is a good one…
Chicago Public Schools' possible plan to bridge a budget deficit and avoid layoffs by raising its property tax is the focus of this article. The Civic Federation says that the District must demonstrate that it has done everything it can to…
Although the State of Illinois' FY2011 tax amnesty program brought in more than $700 million of delinquent tax payments owed by taxpayers and business, only $12 million of that revenue can be considered new funds. As previously discussed…
This article discusses how Cook County property tax exemptions can drastically influence the amount a property owner ultimately pays in taxes. The article cites the Civic Federation’s…
In this blog post, Greg Hinz discusses the conclusions of the Civic Federation's "Cook County Modernization 100-Day Accountability Report." The Federation found…
Concerns Remain about Independence of the Health System, Future Budgets (CHICAGO) A new Civic Federation report released today finds that Cook County has made considerable progress toward modernizing its operations, but still faces…
The Civic Federation’s Cook County Modernization 100-Day Accountability Report continues the work of our Cook County Modernization Project. This report includes detailed information on the status of all 36 recommendations from the Civic…
Today marks the 100th day since Toni Preckwinkle took office as President of the Cook County Board of Commissioners. During that time, the County has begun to implement a variety of reforms including many of the recommendations from the…