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...
Library
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...
05.23.19
Governor J.B. Pritzker’s FY2020 budget features an array of revenue-raising proposals, such as...
05.17.19
The following blog post discusses how the City of Chicago has used surplus revenue in its tax increment financing (TIF) districts since 2013.
TIF is a powerful...
05.16.19
05.09.19
Following an unexpected influx of income tax revenues in April 2019, Illinois Governor J.B. Pritzker has dropped a controversial proposal to delay funding for the State’s financially troubled pension funds.
The pension holiday, proposed in the...
05.03.19
After several years of study and discussions, the Metropolitan Water Reclamation District of Greater Chicago (MWRD) approved an intergovernmental agreement with Cook County for the MWRD to share services of the Cook County Office of the Independent Inspector General. The intergovernmental...