(CHICAGO) In a report released today, the Civic Federation announced support for Cook County’s proposed FY2019 budget. The $5.9 billion budget proposal is structurally balanced without raising new taxes and continues the practice of making…
Click here to read the full report. The Civic Federation supports Cook County’s proposed FY2019 budget of $5.9 billion…
The Illinois Estate tax is levied on net assets over $4 million of the estates of the deceased. Illinois does not have an inheritance tax, which is levied on assets received by the inheritors of an estate. Estate tax revenue is forecast…
Consumers of liquid nicotine in the City of Chicago will now pay more for liquid nicotine following the passage of…
The Chicago City Council on July 25, 2018 approved a 2.0% surcharge on shared housing and vacation rentals in the City of Chicago. The 2.0% surcharge is in addition to an existing 4.0% surcharge on vacation rentals or shared housing units…
Illinois Governor Bruce Rauner presented his…
This article discusses the findings of the Civic Federation’s Estimated Full Value of Real Property in Cook County: 2007-2016. In 2016, the last year for…
This article discusses Civic Federation recommendations from the FY2019 State of Illinois Budget Roadmap to expand the Illinois income tax to include…
The following news items cover the release of the Institute for Illinois' Fiscal Sustainability at the Civic Federation's analysis of the State of Illinois…
