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
Congress appears to have sealed the fate of the federal Build America Bond (BAB) subsidy by not including renewal of the program in the package of unemployment benefits and tax incentives authorized last week. Now with less...
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...
12.16.10
Illinois lawmakers are on a fast-track schedule to reform the State’s Medicaid program, but proposals from state officials and other experts appear to face stiff opposition.
As...
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 ...
12.09.10
Despite initial results showing that the State of Illinois’ recent tax amnesty program brought in more than $500 million in delinquent tax revenues, a report from the legislature’s financial oversight...
12.09.10
UPDATE: The Civic Federation commends Governor Pat Quinn for signing...
12.08.10
Today the Civic Federation released its analysis of the Metropolitan Water Reclamation District’s FY2011 tentative budget . The Civic Federation supports...