11.15.17
Click here to read the full report.
Across the political spectrum in the United...
Library
10.31.17
Click here to read this issue brief.
With a projected $200 million loss in revenue for fiscal year 2018 due to the recent repeal of the sweetened beverage tax, the Cook County...
10.06.17
Illinois has by far the greatest number of local governments in the nation at 6,963, according to the U.S. Census Bureau’s 2012 Census of Governments. The vast number of local governments in Illinois is often cited as a driving factor for Illinois’ high property tax rate, one of the highest in...
09.28.17
Illinois Public Act 100-0401 , signed into law on August 25, 2017, will increase the value of the Senior Citizens and General Homestead Exemptions in Cook County starting in Tax Year 2017...
09.01.17
After several iterations and much disagreement, the State of Illinois now has a new statewide school funding formula. The Illinois General Assembly approved the new formula as Senate Bill 1947, House Floor Amendment 5 on August 29, with the Illinois House passing the bill Monday, August 28 and...
08.25.17
Click here to read the full report.
The Civic Federation opposes the Chicago...
08.18.17
In the wake of recently ordered bond court reforms , Cook County judges are seeking the dismissal of a lawsuit challenging...
05.03.17
The Illinois Department of Revenue announced in April 2017 that the final equalization factor for the Cook County 2016 property assessment year (taxes payable in 2017) is 2.8032.
The 2016...
04.11.17
While Illinois lawmakers remain gridlocked over a State budget plan, another area shows promise of compromise in Springfield: government consolidation. With over 6,900 local government units, Illinois has more units of...
03.02.17
Chicago Public Schools (CPS) recently adopted its second amended budget of the 2017 fiscal year in an effort to balance its budget and close a $215.2 million hole before its fiscal year ends on June 30, 2017.
Chicago Public Schools adopted a $5.46 billion operating budget in August 2016...