07.22.13
On July 22, 2013, Governor Pat Quinn signed legislation to allow Illinois to expand its Medicaid program under the federal Affordable Care Act beginning in January 2014....
07.22.13
On July 22, 2013, Governor Pat Quinn signed legislation to allow Illinois to expand its Medicaid program under the federal Affordable Care Act beginning in January 2014....
07.19.13
An increase in the cigarette tax increase designed to provide additional funding for the Illinois Medicaid program generated more revenues than expected despite a drop in sales and hoarding of tax stamps prior to the effective date of the tax increase.
As...
07.19.13
As described last week in the Civic Federation’s blog , the Chicago City Council recently approved an ordinance changing the City’s tiered parking tax rates to percentage-based rates of 18% on weekends and...
07.11.13
On March 8, 2013, Governor Quinn signed HB5547 , which gave home-rule municipalities and counties with populations over 2,000,000 (essentially Chicago and Cook County) the ability to tax parking garages by...
06.21.13
On June 27, 2013, Cook County Board President Toni Preckwinkle released a report on preliminary budget estimates for fiscal year 2014, which begins on December 1, 2013 and ends November 30, 2014. The report provides an overview of mid-year...
06.12.13
Due to its large backlog of outstanding bills, the State of Illinois has permanently extended its annual deadline for paying old bills to December 31—six months after the end of the fiscal year.
The extension was enacted without fanfare in August 2012 as an...
04.17.13
UPDATE:
At its April 24, 2013 meeting, the Chicago Board of Education approved the District’s amended FY2013 capital budget.
Original blog published on April 17, 2013
On April 6th Chicago Public Schools (CPS) released its...
04.03.13
On February 20, 2012 Mayor Emanuel released the City of Chicago’s first quarterly budget...
03.21.13
On March 20, 2013, the Illinois Senate rejected a proposal designed to significantly reduce the State's burdensome pension costs but approved a narrower measure that applies only to active teachers outside of the City of Chicago.
...
03.06.13
The Civic Federation and the Federal Reserve Bank of Chicago are pleased to announce a half-day conference on how taxes and fiscal uncertainty impact state and local government economic development strategies. Scheduled for April 4, 2013, the conference will feature two discussions: 1) an expert...