12.19.19
UPDATE: The Cook County Board passed ordinance 20-0658 , imposing a 3% cannabis retailers’ occupation...
Library
11.13.19
09.19.19
The City of Chicago levies taxes on both hotel operations and occupancy. The City charges a 4.5% hotel accommodations tax and a 6.0% additional home share tax on...
09.06.19
The City of Chicago recently released its Budget Forecast for FY2020 , which provides financial estimates for the City’s fiscal year ending on December 31, 2019 and a forecast for the...
06.26.19
As part of the $45 billion capital bill passed by the Illinois General Assembly in early June 2019, and pending the Governor’s signature, the State’s tax on cigarettes and e-cigarettes will increase starting on July 1....
05.30.19
During Mayor Lori Lightfoot’s first City Council meeting on May 29, 2019, new City Council Rules and Procedures were adopted by the Council. Also introduced was an...
05.17.19
The following blog post discusses how the City of Chicago has used surplus revenue in its tax increment financing (TIF) districts since 2013.
TIF is a powerful...
03.28.19
On March 13, 2019 the Chicago City Council voted to approve Substitute Resolution 2018-1151 . The Resolution amends Rules 49 and 55...
03.12.19
02.22.19
The following blog post explores the idea of a downtown congestion fee and the factors that would need to be considered if Chicago were to impose such a fee. The Civic Federation does not take a position on any type of congestion pricing or whether it should be implemented in Chicago. This blog...