Taxes and Fees

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Chicago Park District FY2008 Operating Budget Recommendations: Analysis and Recommendations

The Civic Federation supported the Chicago Park District's FY2008 Budget because the District did not raise its property tax levy this year, and has continued to hold down operating costs through a combination of careful management…

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DuPage County FY2008 Proposed Budget: Analysis and Recommendations

The Civic Federation supports DuPage County's proposed FY2008 $420.4 million budget, which includes a 12.1% or $60.1 million decrease in spending over the previous year and calls for the elimination of 10% of the workforce or 241 full-time…

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Tax Increment Financing (TIF): A Civic Federation Position Statement

The Civic Federation supports Tax Increment Financing as an economic development tool but recommends that there be much greater transparency in the quantity and quality of TIF information provided to the public. The Federation recommends…

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Tax Increment Financing (TIF): A Civic Federation Issue Brief

This report explains the impact of TIF on taxpayers and local governments in Illinois. It also reviews the TIF designation process, recent empirical research on TIF, and provides detailed information on selected City of Chicago TIF…

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Chicago Transit Authority FY2008 Proposed Budget: Analysis and Recommendations

The Civic Federation supports the CTA's proposed $1.0 billion FY2008 budget because it makes the necessary fare and service changes to create a blanced budget for the coming fiscal year. The Federation calls on the General Assembly and…

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City of Chicago FY2008 Proposed Budget: Analysis and Recommendations

The Civic Federation opposes the City of Chicago's proposed $5.9 billion budget. The budget proposes an additional $266.6 million in new spending and includes a $108.0 million property tax increase, the largest in recent Chicago history.…

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Forest Preserve District of Cook County FY2008 Proposed Budget: Analysis and Recommendations

The Civic Federation supports the Forest Preserve District's proposed $175.2 million budget because the District has issued a Capital Improvement Plan for the second consecutive year and made it available on its web site. The Federation…

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Cook County FY2008 Proposed Budget: Analysis and Recommendations

The Civic Federation opposes the Cook County FY2008 proposed budget. The $3.2 billion budget includes a 267% increase in the county sales tax, the addition of 1,130 new positions, and other tax hikes that could generate as much as $979.8…

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Selected Consumer Taxes in the City of Chicago

This brief provides an updated compilation of selected consumer taxes, including rates and descriptions, that will be in effect in the City of Chicago on July 1, 2008. It includes such taxes as the sales tax, gas tax, amusement tax, lease…

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Estimated Full Value of Cook County Real Estate: 2005 Property Tax Assessment by Class for Property Tax Payable in 2006

This report provides estimates of the total market value of real property in Cook County from 1996-2005 and shows how property value is spread among the City of Chicago, the northern and the southern suburbs. From 1996-2005, the value of…