Taxes and Fees

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Civic Federation Supports City Colleges’ FY2018 Budget

Proposal aims to reverse damage done by two-year state budget impasse (CHICAGO) In an analysis released today, the Civic Federation announced its support of the City Colleges of Chicago’s proposed FY2018 operating budget. The $442.6-…

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City Colleges of Chicago FY2018 Tentative Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation supports the City Colleges of Chicago’s proposed FY2018 operating budget…

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Illinois Issues: The Experts' Take On The Budget

In this segment, Civic Federation President Laurence Msall discusses key aspects of the State of Illinois’ FY2018 budget and the challenges the State still faces. He says the most important aspect of Illinois having a budget is that it…

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Illinois Legislature Approves Measure Allowing Chicago and Other Local Governments to Increase 911 Communications Surcharge

On July 1, 2017, both chambers of the Illinois General Assembly voted to override the Governor’s veto of…

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Illinois Ends Two-Year Budget Standoff

The State of Illinois ended its two-year budget impasse on July 6, 2017, enacting a $36.1 billion spending plan with about $5 billion in tax increases. To break the logjam, the General Assembly narrowly overrode Governor Bruce Rauner’s…

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Coverage of Civic Federation’s reaction to the State of Illinois’ FY2018 Budget Plan

In the following news pieces, Civic Federation President Laurence Msall discusses details of the State of Illinois’ FY2018 budget plan and the impact the budget will have on the State’s finances. He says that the enactment of the State’s…

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Coverage of the State of Illinois FY2018 Recommended Budget Analysis

The following news items cover the release of the Institute for Illinois’ Fiscal Sustainability at the Civic Federation's analysis of Governor Rauner’s FY2018…

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State of Illinois FY2018 Recommended Operating Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation’s Institute for Illinois’ Fiscal Sustainability not able to support…

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The Final 2016 Cook County Equalization Factor is 2.8032

The Illinois Department of Revenue announced in April 2017 that the final equalization factor for the Cook County 2016 property…

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Rauner Tax Freeze: Balm or Timebomb for Local Taxpayers?

This article discusses a proposal by Governor Bruce Rauner that would freeze property taxes in Illinois and the financial repercussions it could have on the State’s local governments. Civic Federation President Laurence Msall…