Taxes and Fees

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Chicago homeowners get tax break relative to burbs

This article discusses the release of the Civic Federation’s annual report that compares effective property tax rates for residential, commercial and…

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Higher Tax Rates in Effect for Chicago Tobacco Consumers

Since the Civic Federation’s last blog on changes to taxes imposed on tobacco purchases, Chicago area local governments have increased tobacco…

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Governor's Budget Projection Shows Illinois' Continuing Financial Woes

Despite savings from recently enacted pension reforms,…

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Decline in Estimated Full Value of Property in Cook County Slowed in 2011

Last month the Civic Federation released its annual estimate of the full value of real estate in Chicago and the Cook County suburbs.…

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2013 Year in Review on Civic Federation Blog

The following posts were among the most highly read on the Civic Federation blog in 2013 and represent some of the most closely followed local government issues this year:…

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2013 Year in Review on the Institute for Illinois’ Fiscal Sustainability Blog

The following posts were among the most highly read on the Institute for Illinois’ Fiscal Sustainability’s blog in 2013 and represent some of the most closely followed Illinois fiscal issues this year:…

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Civic Federation Budget Recommendations for Chicago-Area Local Governments

Last week the Civic Federation marked the end of the FY2014 budget season with a blog that summarized the proposed budgets for the eight local governments the Federation…

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Decline in Estimated Full Value of Real Estate in Cook County Leveled Off in 2011

The full market value of real estate in Cook County was approximately $442.8 billion in tax assessment year 2011 according to an annual estimate released today by the Civic Federation. The 2011 total value estimate represents a decline of…

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Estimated Full Value of Real Property in Cook County: 2002-2011

This report provides estimates of the total market value of real property in Cook County from 2002-2011 and shows how property value is spread among the City of Chicago, the northern and the southern suburbs. The full market value of real…

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Property Tax Burden Moderates in Areas of Cook County

Effective Tax Rates in Collar Counties Continue to Climb The Civic Federation released its annual estimate of effective property tax rates in the six-county region of northeastern Illinois today. The report found mixed results across the…