11.14.12
The Cook County Board of Commissioners approved the FY2013 Annual Appropriation bill (FY2013 budget) on November 9. The budget was approved with a 16-1 vote.
The Cook County FY2013 Executive Budget...
Library
10.24.12
Last week, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability published a blog on the State of Illinois’ Personal Property Replacement Tax (PPRT) and why the State...
02.27.12
The Civic Federation supports the continuation of property tax exemptions for non-profit hospitals that qualify as charitable organizations. However, the General Assembly must establish clear,...
02.24.12
This brief provides an updated compilation of selected consumer taxes, including rates and descriptions, in effect in the City of Chicago on February 2, 2012. It includes such taxes as the sales...
02.22.12
On February 8, 2012, the Chicago Park District Board of Commissioners unanimously voted to provide the Institute of Puerto Rican Arts and Culture (IPRAC) $243,407 in funds from the District’s personal property tax replacement (PPRT) receipts. The PPRT is a corporate income tax that is...
01.04.12
Chicago residents will experience changes in a number of consumer taxes going into effect throughout 2012 as a result of policy changes at the City and County levels. The new consumer tax rates are presented in the exhibit below. Following the table are explanations for each of the consumer...