09.07.18
As part of an ongoing series about local governments in Illinois, this blog post will examine the revenues and expenditures of counties located in Illinois and a comparison of...
09.07.18
As part of an ongoing series about local governments in Illinois, this blog post will examine the revenues and expenditures of counties located in Illinois and a comparison of...
08.31.18
With governments in Illinois facing steep increases in yearly pension contributions, new plans are being floated to borrow billions of dollars to stabilize ailing pension funds and relieve budgetary pressures.
The...
08.24.18
Annually the Civic Federation completes an analysis of the proposed budget of the City Colleges of Chicago. The Federation’s latest analysis of the City Colleges budget can be found here . This blog post expands on the...
07.27.18
The Chicago City Council on July 25, 2018 approved a 2.0% surcharge on shared housing and vacation rentals in the City of Chicago. The 2.0% surcharge is in addition to an existing 4.0% surcharge on vacation rentals or shared housing units, bringing the total taxes specific to home sharing to 6.0...
07.13.18
Cook County Clerk David Orr’s office released the 2017 Cook County Tax Rates report on June 20, 2018 and shortly after, Cook County Treasurer Maria Pappas mailed the second...
06.29.18
Beginning in August 2018, establishments with liquor licenses in unincorporated areas of Cook County will be able to offer video gaming on automated gambling machines based on an ordinance amendment passed by the Cook County Board of Commissioners earlier this month. Video gaming refers to...
06.08.18
After three years of political gridlock and missed deadlines, the Illinois General Assembly passed a budget for the coming fiscal year on the last day of its regular spring...
05.31.18
The Illinois Department of Revenue announced last week that the final equalization factor for the Cook County 2017 property assessment year (taxes payable in 2018) is 2.9627.
The 2017...
05.11.18
Following major policy changes and calls for increased public disclosure, detailed quarterly information about Cook County bond court orders and outcomes is now available online.
Chief Judge Timothy Evans’ Office began posting the new data on the...
04.20.18
The Civic Federation has long supported the development of a consensus revenue forecast for the State of Illinois. Public finance experts...