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Taxes and Fees

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Pensions, Deficits Loom for Cook County, Ill.: Watchdog Group

(The full content of this article is only available to the publication’s subscribers.) This article covers the release of the Civic Federation’s FY2014 Cook County Budget…

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New Preckwinkle budget counts on Obamacare, but not new taxes

This article covers Cook County Board President Toni Preckwinkle’s October 10 address presenting her FY2014 recommended budget to the Cook County Board. The Civic Federation was supportive of initial details of the budget announcement…

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Reagan Revolution Misses Tax Fiefdoms Flourishing in U.S.

This article looks at the nationwide increase of local governments and special taxing districts, focusing on Illinois’ 7,000 units of government. The Civic Federation urges greater oversight and consolidation of Illinois’ local governments…

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Health System's Medicaid Expansion Plan Central to Cook County FY2014 Budget

In a report released today, the Civic Federation supports Cook County’s proposed FY2014 operating budget of $3.2 billion, which holds the property tax levy relatively flat by reducing expenditures and aggressively pursuing new revenue for…

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Cook County FY2014 Executive Budget Recommendation: Analysis and Recommendations

The Civic Federation supports Cook County’s proposed FY2014 operating budget of $3.2 billion for holding the property tax levy relatively flat, reducing expenditures and aggressively pursuing new revenue for the Cook County Health and…

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Homestead Exemption Value Trends in Cook County - 2000 to 2011

In June this blog described the property tax exemptions available to seniors in Illinois and explored…

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Watchdog group: Ill. Budget a ‘lost opportunity’

This segment covers the release of the FY2014 Enacted Budget Analysis by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability on October 2. The report warns this year’s…

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Local Government Budgets: What to Watch for in 2014

Over the next few weeks, many Chicago-area local governments will be releasing their proposed budgets for fiscal year 2014. In preparation for the upcoming budget releases, this blog will recap the Civic Federation’s significant…

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Fiscal Year 2014 a "Lost Opportunity" for Illinois

Failure to address pension crisis, plan for upcoming revenue loss threatens to erase progress on State’s backlog of unpaid bills (CHICAGO) – An analysis released today by the Institute for Illinois’ Fiscal Sustainability at the Civic…

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State of Illinois Enacted FY2014 Budget: A Review of the Operating and Capital Budgets for the Current Fiscal Year

This analysis of the State of Illinois’ Fiscal Year 2014 Enacted Budget finds that the budget may represent a high-water mark, with future years bringing sharp reductions in revenues and further consequences of the unresolved pension…