The Civic Federation supports the Cook County FY2020 Executive Budget Recommendation of $6.18 billion because it presents a reasonable budget plan that holds the line on increasing taxes or fees...Learn More
Effective property tax rates are a measure of property tax burden for homeowners and businesses. They translate the tax rates on property tax bills into rates that reflect the percentage of full...Learn More
The Civic Federation is pleased to announce that Dorval R Carter, Jr., President of the Chicago Transit Authority, will be the 2019 Motorola Solutions Foundation Excellence in...Learn More
The Civic Federation supports the Chicago Public Schools (CPS) proposed budget for FY2020 because it demonstrates continued financial stability in the third year of Evidence-Based Funding from the...Learn More
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The Civic Federation recently released its annual Effective Property Tax Rates report . The report highlights that in 2017 property tax burdens for many...
More than 50 years after Illinois began taxing residents’ income, voters in 2020 will decide whether the structure of the income tax should undergo a major change. The issue is highly controversial, and the decision will have a long-lasting impact on the State’s finances.
On December 19, 2019 the Illinois Supreme Court struck down the City of Chicago’s ordinance imposing a tax on other tobacco products. The Supreme Court sided with the plaintiff that the City’s...
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....
This article covered Chicago Mayor Lori Lightfoot's budget address, in which she presented her recommendation for the City's FY2020 budget. Civic Federation President Laurence Msall said that the...
This article covered the City of Chicago's significant financial challenges ahead of Mayor Lori Lightfoot's State of the City address. Civic Federation President Laurence Msall said that the Mayor...