01.03.18
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This annual report compares estimated...
Library
11.15.17
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Across the political spectrum in the United...
10.31.17
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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...
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...
09.21.17
UPDATE: This blog was updated in March 2018 per revised data in the Illinois Department of Revenue 2015 Assessment-Sales Ratio Study.
The Civic Federation released its...
09.15.17
With by far the largest number of local governments in the nation, the Civic Federation has long advocated for a sensible approach to consolidation and collaboration to reduce the number of local governments in Illinois and improve their effectiveness and efficiency. Consolidation of local...
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...
02.17.17
The Cook County Circuit Court recently ruled that the City of Chicago cannot tax other tobacco products according to Illinois state law. The City’s home rule tax on these products was expected to bring in $6.0 million in revenue.
Other tobacco products (OTP) include the following non-...