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...
Library
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...
12.15.10
Although it does not receive as much attention as the Skyway and the metered parking system leases , the downtown public parking system lease was also ...
12.01.10
The Civic Federation supports the Chicago Park District’s FY2011 proposed operating budget of $397.6 million. The District is proposing to hold the property tax levy flat and maintain...
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...