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Taxes and Fees

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Update: How the State of Illinois FY2019 Enacted Budget Will Affect Local Governments

Illinois Governor Bruce Rauner presented his…

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Cook County real estate is $100 billion behind

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…

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The Illinois Taxes No One Wants to Talk About

This article discusses Civic Federation recommendations from the FY2019 State of Illinois Budget Roadmap to expand the Illinois income tax to include…

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Coverage of FY2019 State of Illinois Operating Budget Analysis

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…

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State of Illinois FY2019 Recommended Operating Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation’s Institute for Illinois’ Fiscal Sustainability is not…

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Measuring the Impact of a Graduated Income Tax in Illinois Part II – Taxing Retirement Income at Graduated Rates

In a recent post, this blog analyzed the potential impact on State of Illinois revenues from replacing the current flat income…

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Measuring the Impact of a Graduated Income Tax in Illinois

Of the 41 states with broad-based personal income taxes, Illinois is one of eight with a flat tax rate. The…

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Selected Consumer Taxes in the City of Chicago - 2018

Click here to read this issue brief. This annual brief provides a compilation of selected consumer taxes,…

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State of Illinois FY2019 Budget Roadmap

Click here to read the full report. Prior to the release of the Governor’s annual budget recommendation, the Institute for Illinois’…

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2015 Effective Property Tax Rates in the Collar Counties

The Civic Federation recently released its annual Effective Property Tax Rates report. The report highlights that in 2015…