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City of Chicago

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Chicago Chooses a Casino Site

Chicago Mayor Lori Lightfoot has selected Bally’s Corporation to develop a mega casino in the River West neighborhood at the site of the Chicago Tribune’s current printing plant at Chicago and Halsted Avenues. In addition to the casino,…

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Estimated Full Value of Real Estate in Chicago Higher Than Previous 2006 Peak

The Civic Federation recently released its annual estimate of the full value of property in Cook County in tax year 2019. While the Federation’s estimate of the…

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Selected Consumer Taxes in the City of Chicago - 2022

Click here to read this issue brief online.SUMMARYThis annual report lists and describes selected consumer taxes within the…

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Property Tax Cap To Hit 5% Limit For First Time In 2022

The Illinois Property Tax Extension Limitation Law (PTELL) limits the growth of a taxing district’s property tax levy to 5.0% or the rate of inflation, whichever is less.[1]  …

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Performance Measurements in the American Rescue Plan Act

The $1.9 trillion American Rescue Plan Act (ARPA) was signed into law on March 11, 2021 and provides for $350 billion in funding for eligible state, local,…

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Chicago's Sports Wagering Ordinance

On December 15, 2021, the Chicago City Council approved an ordinance (SO2021-3243) to regulate sports wagering in the…

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Consumer Taxes in Chicago: Increases and Updates for 2022

The Civic Federation annually 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…

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City of Chicago Public Safety Spending

The Chicago City Council approved the City’s annual budget for FY2022 (which aligns with the 2022 calendar year) on October 27. The Civic Federation supported the City’s FY2022 budget totaling $10.6 billion in an…

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City of Chicago FY2022 Proposed Budget: Pension Funds

The Civic Federation released its annual analysis of the City of Chicago’s proposed budget this week. Included in the report was a section dedicated to the budgetary…

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Press Release: Civic Federation Supports Proposed City Of Chicago FY2022 Budget Amid Influx Of Federal Recovery Revenues

Concerns remain regarding pension funding and sustainabilityClick here to read the full report.…