07.18.19
A new pension buyout plan designed to save hundreds of millions of dollars for the State of Illinois in the fiscal year that just ended actually generated relatively minor savings in FY2019 and does not appear likely to...
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07.12.19
A Commission created to analyze an annual five-year forecast of Cook County revenues held its first meeting in early July. The Cook County Board of...
07.08.19
The Civic Federation’s Annual Civic Awards Luncheon, now in its 37th year, recognizes civic leadership in Chicago. Named for the Federation’s founding members, the Lyman J. Gage Award and the Addams-Palmer Award recognize the outstanding civic contributions of Chicago individuals and...
07.03.19
Amid the frenzied activity at the end of the Illinois General Assembly’s spring session, a little-noticed tax on health insurers is expected to have a major impact on the State’s...
06.26.19
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 cigarettes and e-cigarettes will increase starting on July 1....
06.20.19
The Cook County Chief Judge’s Office recently released a report and accompanying data assessing the effectiveness of a 2017 reform of...
06.13.19
06.12.19
The Illinois Department of Revenue recently announced that the final equalization factor for the Cook County 2018 property assessment year (taxes payable in 2019) is...
06.07.19
In a flurry of activity at the end of its spring session, the Illinois General Assembly passed a $40 billion operating budget, approved significant tax increases and authorized the State’s first major construction program in a decade, financed partly by an expansion of gambling.
With so...
05.30.19
During Mayor Lori Lightfoot’s first City Council meeting on May 29, 2019, new City Council Rules and Procedures were adopted by the Council. Also introduced was an...