Taxes and Fees

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Led by Chicago, Cook County property values continue recovery

This article discusses findings included in the Civic Federation’s recent Estimated Full Value of Real Property in…

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Evanston Township Dissolution Saves Taxpayers Nearly $780,000

The City of Evanston recently released a white paper on the initial results following the dissolution of its coterminous township. Based on the results…

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Emanuel's pension bill: $1.1 billion a year—and counting

This article reports on the amount in tax increases that the City of Chicago will need to stabilize the City’s major government pension plans. Laurence Msall, President of the Civic Federation, says the tax hikes are reasonable and better…

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Estimated Full Value of Real Estate in Cook County Increases for Second Year in a Row

The full market value of real estate in Cook County was approximately $499.1 billion in tax assessment year 2014 according to an annual estimate released today by the Civic Federation. The 2014 total value estimate represents an increase…

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Estimated Full Value of Real Property in Cook County: 2005-2014

This report provides estimates of the total market value of real property in Cook County from 2005-2014 and shows how property value is spread among the City of Chicago, the northern and the southern suburbs. The full market value of…

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Emanuel eyes utility tax increase to save largest pension fund

This article reports on the City of Chicago’s potential plan to save the Municipal Employees Pension fund through raising utility taxes. Civic Federation President Laurence Msall remarks that there are very few, if any, sources of revenue…

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A Comparison of Community College Tuition Rates in Northeastern Illinois

The Civic Federation recently released its analysis of the City Colleges of Chicago FY2017 Tentative Annual Operating Budget. This blog…

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Emanuel to use Skyway windfall to bankroll property tax rebate

This article discusses a plan to provide $20 million in property tax rebates to City of Chicago homeowners. Laurence Msall, President of the Civic Federation, notes that the program is likely to have a very modest impact to Chicago…

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Civic Federation Supports City Colleges' FY2017 Budget

Proposal keeps property tax levy, tuition rates relatively flat despite inadequate funding from State of Illinois In an analysis released today, the Civic Federation announced its support of the City Colleges of Chicago’s proposed FY2017…

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Preckwinkle: Tax hike, budget cuts on table as county faces $174M shortfall

This article discusses the tough financial decisions Cook County will have to make in order to address its expected budget deficit. Civic Federation President Laurence Msall explains that Cook County has been grappling with financial…