Taxes and Fees

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2012 Consumer Tax Changes for Chicago Residents

Chicago residents will experience changes in a number of consumer taxes going into effect throughout 2012 as a result of policy changes at the City and County levels. The new consumer tax rates are presented in the exhibit below. Following…

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Civic Federation Blog Provided Local Government Analysis and Recommendations for Fiscal Sustainability in 2011

 In 2011 the Civic Federation blog provided weekly context, information and perspective on government budgets and fiscal issues across Illinois.  Posts in 2011 focused on FY2012 local government budget analysis and the severe…

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IIFS Blog Provided Timely Analysis of 2011 State of Illinois Fiscal Developments

In 2011 the IIFS blog provided weekly context, information and perspective on key fiscal issues in the State of Illinois. Posts in 2011 focused on analysis of FY2012 Illinois budget negotiations, analysis of the ongoing Illinois pension…

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Local Government Fiscal Year 2012 Budget Analysis Summary

This week marks the end of the Civic Federation's fiscal year 2012 local government budget analysis season. The nine local governments monitored by the Civic Federation include: City Colleges of Chicago, Chicago Public Schools, DuPage…

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Civic Federation Supports FY2012 Chicago Park District Budget

Spending Plan Holds the Line on Property Taxes, Begins to Reduce Structural Deficit The Civic Federation supports the proposed FY2012 Chicago Park District budget of $407.5 million because it freezes the property tax levy for the seventh…

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Chicago Park District FY2012 Budget: Analysis and Recommendations

The Civic Federation supports the Chicago Park District FY2012 Budget of $407.5 million because it holds the property tax levy flat for the seventh year in a row and emphasizes cost containment and revenue diversification. The Federation…

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Civic Federation: Conditional Support for Tentative FY2012 MWRD Budget Proposal

(CHICAGO) The Civic Federation announced today that it offers conditional support for the proposed tentative FY2012 Metropolitan Water Reclamation District of Greater Chicago (MWRD) budget of $1.0 billion. The full 41-page analysis is…

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Metropolitan Water Reclamation District FY2012 Tentative Budget: Analysis and Recommendations

The Civic Federation offers conditional support for the Metropolitan Water Reclamation District’s (MWRD) FY2012 Tentative Budget of $1.0 billion. The Federation is concerned that the budget proposes the maximum increase to the property tax…

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Civic Federation Supports FY2012 Forest Preserve District Budget

(CHICAGO) The Civic Federation supports the $195.0 million proposed FY2012 Forest Preserve District of Cook County budget because it holds the property tax levy flat during a period of ongoing financial hardship for Cook County residents…

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Forest Preserve District of Cook County FY2012 Executive Budget Recommendation: Analysis and Recommendations

The Civic Federation supports the Forest Preserve District of Cook County FY2012 Executive Budget Recommendation totaling $195.0 million, which includes both operating and capital expenditures. We commend the District for holding its…