Taxes & Spending

Reeder: School funding reform law creates 'budgetary time bomb'
Sep 06, 2017

SPRINGFIELD – Last week, the Illinois General Assembly passed a measure that lays the foundatio...

ICPR: Why there needs to be more oversight of TIF funding
Sep 01, 2017

The allocation of revenue from Tax Increment Financing (TIF) districts emerged as a key issue...

Chicago’s income statement paints a false picture of city’s interest burden
Aug 29, 2017

In state and local government accounting, the income statement is called the Statement of Activit...

How did your lawmakers vote on the historic Illinois school funding bill?
Aug 29, 2017

Use the chart below to see how your state representatives and senators voted on landmark legislat...

Every Chicago labor contract has expired: Your guide to the negotiations
Aug 25, 2017

Over the next two years the City of Chicago will negotiate new contracts with all of its labor un...

Comptroller Mendoza urges override of Rauner's veto on Debt Transparency Act
Aug 22, 2017

Don’t taxpayers deserve to know how much debt the state has run up in their names? Governor B...

Former CPS teacher responds to district's mass layoffs
Aug 18, 2017

This article has been republished here with permission of the author. Chicago Public Schools dr...

Fixing bloated bureaucracy: What you need to know about new consolidation law
Aug 16, 2017

Illinois has the most local units of government of any state in the country at as many as 6,963....

Illinois House Republicans, Democrats file bills to repeal Cook County pop tax
Aug 15, 2017

Updated Republican state lawmakers from the Chicago-area have introduced legislation to repea...

Federal government warns Cook County on soda tax collection
Aug 10, 2017

CHICAGO (AP) — The federal government is threatening to withhold about $87 million in food stam...

Rauner signs law streamlining government purchasing
Aug 09, 2017

SPRINGFIELD (AP) — Gov. Bruce Rauner has signed a law that makes state government purchasing le...

Cook County ends bid to get $17 million from retailers
Aug 09, 2017

CHICAGO (AP) — Cook County has ended its effort to grab $17 million from the Illinois Retail Me...

Map: Individual income tax rates and structures in 2017
Aug 02, 2017

Infographic shows individual income tax rates and structures by state In July, the Democrat-l...

Judge allows Chicago-area sweetened beverage tax to begin
Jul 28, 2017

CHICAGO (AP) — A lawsuit challenging a penny-per-ounce tax on sweetened beverages sold in the C...

Restraining order on Cook County soda tax extended a week
Jul 21, 2017

CHICAGO — A Cook County judge has extended for another week a temporary restraining order block...


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