02.12.19
Nearly two years after it was filed in the Illinois General Assembly, a bill making it easier for the State to sell the James R. Thompson Center has finally landed on the Governor’s desk.
In the meantime, one session of the legislature has ended and a new one has begun. Governor Bruce...
02.08.19
During this decade of financial difficulties, the State of Illinois’ backlog of unpaid bills has become an important indicator of its fiscal condition, relied on by policymakers, rating agencies, taxpayers and journalists. Now two different ways of measuring the backlog have begun to diverge....
02.01.19
The following blog post examines the possibility of the City of Chicago starting a public bank. It is intended for informational purposes only. The Civic Federation has not taken a position on the idea, which has been discussed during the run-up to the Chicago municipal election later this month...
01.23.19
Illinois’ large number of local government units – the largest in the United States at approximately 7,000 according to the U.S. Census Bureau – is often cited as a reason for high property taxes in Illinois and has fueled calls for government consolidation and efficiencies. In February 2015...
01.18.19
The Civic Federation recently released its annual Effective Property Tax Rates report , which examines two- and ten-year trends in estimated effective tax rates for residential, commercial and...
01.16.19
Click here to read this issue brief.
This annual brief...
01.11.19
A new study by a state commission in Pennsylvania compares the investment expenses paid by large public pension funds. Although such comparisons are difficult because of vast reporting...
01.09.19
01.09.19
Update: Collection of the City of Chicago’s tax on other tobacco products has been moved from a starting date of March 1, 2019 to no sooner than April 1, 2019 or 60 days following the plaintiff’s deadline to file an appeal, according to the City of Chicago’s Office of Budget and Management....
