09.07.11
The purpose of this report is to describe how property taxes are extended in Cook County, Illinois. It defines tax extension, explains the mechanics of calculating rate limits and tax caps, and...
09.07.11
The purpose of this report is to describe how property taxes are extended in Cook County, Illinois. It defines tax extension, explains the mechanics of calculating rate limits and tax caps, and...
12.29.10
This brief provides an updated compilation of selected consumer taxes, including rates and descriptions, in effect in the City of Chicago on December 1, 2010. It includes such taxes as the sales...
12.21.10
State and local governments utilize fund accounting in order to demonstrate accountability and compliance with rules, laws and regulations. [1] For example, Cook County has a multitude of funds including a Public Safety Fund, Health Fund, an...
12.20.10
This report articulates the Civic Federation’s overall position on the Cook County property tax system. The report expresses the Federation’s vision for a better property tax system...
11.23.10
A new report on Cook County Tax Increment Financing (TIF) districts was released today by Cook County Clerk David Orr. For tax year 2009 (taxes paid in 2010),...
11.22.10
This report describes basic principles of taxation and evaluates how these principles are manifested in the Cook County property tax system. The purpose of the report is descriptive, not...
11.11.10
The Civic Federation's legislative priorities for 2011 include public pension reform, requiring state government to develop and implement a capital improvement plan, the dissolving of the Illinois...
11.10.10
Last week the Civic Federation described the City of Chicago’s structural deficit in our budget analysis and a...
11.08.10
Cook County Clerk David Orr’s office today released the 2009 Cook County Tax Rates Report .
The Cook County Treasurer’s office also announced that property tax...
11.03.10
The Civic Federation opposes the proposed FY2011 City of Chicago budget of nearly $6.2 billion because it does not effectively address the structural deficit and relies too heavily on asset lease...