(CHICAGO) The Civic Federation released its annual estimate of effective property tax rates in the six-county region of northeastern Illinois today. Among the 12 selected Cook County communities, Harvey had the highest effective tax rate…
Click here to read the full report. This annual report compares estimated effective property tax rates in the six-…
Click here to read the full report. The Civic Federation supports the Metropolitan Water Reclamation District’s Tentative FY2018…
Click here to read the full report. The Civic Federation supports the Park District's FY2018 proposed budget because it…
Following Mayor Rahm Emanuel’s FY2018 budget address, Civic Federation President Laurence Msall spoke with a pool of reporters on the City of Chicago’s finances. He said the Mayor’s budget is a reasonable plan that can move the City…
Illinois has by far the greatest number of local governments in the nation at 6,963, according to the U.S. Census Bureau’s 2012 Census of Governments. The vast number of local governments in Illinois is often cited as a driving factor for…
Illinois Public Act 100-0401, signed into law on August 25, 2017, will increase the value of the Senior Citizens and General…
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…
After several iterations and much disagreement, the State of Illinois now has a new statewide school funding formula. The Illinois General Assembly approved the new formula as Senate Bill 1947, House Floor Amendment 5 on August 29, with…
