02.10.21
Click here to read this issue brief.
SUMMARYThis annual report lists and...
02.10.21
Click here to read this issue brief.
SUMMARYThis annual report lists and...
02.05.21
Despite large revenue losses associated with the economic downturn caused by COVID-19, Cook County’s preliminary 2020 budget results for the fiscal year that ended on November 30, 2020 show a positive year-end balance. Based on the...
01.22.21
The Chicago Transit Authority (CTA) released a $3.4 billion, five year FY2021-FY2025 capital plan in October 2020. The CTA prepares a multi-year, comprehensive capital improvement plan (CIP)...
01.11.21
Annually the Civic Federation releases a report on consumer taxes in the City of Chicago. Consumer taxes are tied to the use or consumption of certain goods and services that can be charged directly to consumers through retail transactions or passed onto consumers by businesses or governments....
12.31.20
The following are excerpts or summaries of the five most read posts presented on the Civic Federation’s blog in 2020* in chronological order. The posts examine issues related to local taxes and budgets and the State of Illinois’ proposal for...
12.23.20
Cook County government has historically kept its property tax levy relatively flat, especially when compared to the other largest government bodies in Cook County including the City of Chicago and Chicago Public Schools, both of which have...
11.24.20
On November 18, 2020, the City of Chicago released a multi-year capital plan for FY2021 through FY2025. The plan totals $11.7 billion over the 5-year period. This is a 36.5%, or...
11.19.20
11.16.20
11.12.20
Chicago Mayor Lori Lightfoot’s proposed budget for the fiscal year starting January 1, 2021 includes a property tax increase of $93.9 million for a total property tax levy of $1.6 billion. This blog post will explore the three component parts of the increase.
The City of Chicago, as a...