City of Chicago

February 26, 2020

Selected Consumer Taxes in the City of Chicago - 2020

Click here to read the issue brief. SUMMARY This annual report lists and describes selected consumer taxes within the…

January 16, 2020

Illinois Supreme Court Strikes Down Chicago’s Tax on Other Tobacco Products

On December 19, 2019 the Illinois Supreme Court struck down the City of Chicago’s ordinance imposing a tax on other tobacco products. The…

January 10, 2020

Increases and Changes to Consumer Taxes in Chicago for 2020

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…

December 13, 2019

How Will Illinois Tax Recreational Cannabis?

UPDATE: The Cook County Board passed ordinance 20…

November 12, 2019

City of Chicago FY2020 Proposed Budget: Analysis and Recommendations

Click here to read the full report.Click here…

September 19, 2019

How do Chicago’s Hotel and Home Share Taxes Compare to Other Cities?

The City of Chicago levies taxes on both hotel operations and occupancy. The City charges a 4.5% hotel accommodations tax and a 6.0% additional…

September 6, 2019

City of Chicago Projected Budget Deficit Increases to $838.2 Million

The City of Chicago recently released its Budget Forecast for FY2020, which provides financial estimates for the City’s fiscal…

June 26, 2019

Illinois Tax Increase on Cigarettes and E-Cigarettes Scheduled to Go Into Effect July 1

As part of the $45 billion capital bill passed by the Illinois General Assembly in early June 2019, and pending the Governor’s signature, the State’s tax on…

May 30, 2019

Mayor Lightfoot and City Council Move Up the Implementation of Livestreaming Committee Meetings

During Mayor Lori Lightfoot’s first City Council meeting on May 29, 2019, new City Council Rules and Procedures were adopted by the Council.…

May 17, 2019

How the City of Chicago Uses Tax Increment Financing Surplus

The following blog post discusses how the City of Chicago has used surplus revenue in its tax increment financing (TIF) districts since 2013.…