Taxes and Fees

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How to Calculate an Effective Tax Rate for Your Community

Since the release of our 2012 Effective Tax Rates report on September 29th the Civic Federation has fielded many inquiries about how to…

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Another Report Maligns Illinois' Budget

(The full content of this article is only available to the publication’s subscribers.) This article discuses findings in the FY2015 State of Illinois Enacted Budget

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Illinois budget to increase unpaid bills to $6.4 bln –report

This article reviews the FY2015 State of Illinois Enacted Budget analysis by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability. The analysis found the…

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'Real' Chicago home property taxes climb 50 percent — in five years!

This column reviews the Civic Federation’s annual Effective Property Tax Rates report that looks at property tax trends in Cook County and the…

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Effective Property Tax Rates in the Collar Counties

This week the Civic Federation released its annual Effective Property Tax Rates report. The report highlights the fact that in 2012 property tax…

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Report looks at Chicago Area Property Tax Trends

(The full content of this article is only available to the publication’s subscribers.) This article covers the Civic Federation’s annual Effective…

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Illinois Clears Backlog of Income Tax Refunds and Reaps Surpluses

As recently as 2011, the State of Illinois projected its backlog of unpaid income tax refunds could increase to more than $1.0 billion but by the end of…

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Study Compares Property Tax Burden in Northeast Illinois

Ten-Year Trends for Cook County Show Highest Tax Burden in Harvey, Lowest in Chicago The Civic Federation released its annual estimate of effective property tax rates in the six-county region of northeastern Illinois today. Among the 12…

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Estimated Effective Property Tax Rates 2003-2012: Selected Municipalities in Northeastern Illinois

This annual report compares effective property tax rates in the six-county region of northeastern Illinois…

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How the Chicago 911 Surcharge Frees Up Additional Funding for the Municipal and Laborers’ Pension Funds

Public Act 98-0641, the City of Chicago’s pension reform bill, originally called for an increase in property taxes to help fund the Municipal Employees’ Annuity and…