This article discusses a recent Illinois Senate Appropriations Committee hearing where legislators heard testimony regarding the State’s continued spending far in excess of its known revenues due to the absence of a budget. During his…
The Cook County Circuit Court recently ruled that the City of Chicago cannot tax other tobacco products according to Illinois state law. The City’s home rule tax on these products was expected to bring in $6.0 million in revenue. Other…
The following news items cover the release of the Institute for Illinois’ Fiscal Sustainability at the Civic Federation's State of Illinois FY2018…
(CHICAGO) – In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability proposes a comprehensive five-year plan that addresses the State’s ongoing financial crisis and budget impasse with painful but…
Click here to read the full report. Prior to the release of the Governor’s annual budget recommendation, the Institute for Illinois’ Fiscal Sustainability at the…
Click here to read this issue brief. This annual brief provides a compilation of selected consumer taxes, including rates and descriptions,…
In this segment, Civic Federation President Laurence Msall joined a Chicago Tonight panel to discuss Governor Rauner’s recent State of the State address and Illinois’ continued fiscal issues.
Each year the Civic Federation releases an Estimated Effective Property Tax Rates report for 28 selected…
Annually the Civic Federation releases a report on consumer taxes in the City of Chicago. Consumer taxes are charges for the consumption of goods or services and can be charged directly to consumers through retail transactions or passed…
This article covers the recent release of an annual Civic Federation report that examines effective property tax…
