Taxes and Fees

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Federal Tax Incentives Reduce State Corporate Tax Receipts

Despite a significant increase in Illinois’ corporate income tax rate enacted in January 2011, much of the anticipated new State revenue will be offset by corporate tax incentives provided in recent changes to the federal tax code. Known…

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$100 million keeps Motorola Mobility in Illinois

This article discusses tax incentives provided to Libertyville, Illinois business Motorola Mobility by the State of Illinois to encourage the company to keep its headquarters in Illinois. The Civic Federation says the deal is a good one…

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School District Considers Property Tax Increase, and Layoffs if It Is Rejected

Chicago Public Schools' possible plan to bridge a budget deficit and avoid layoffs by raising its property tax is the focus of this article. The Civic Federation says that the District must demonstrate that it has done everything it can to…

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Tax Amnesty Program Update: Payments Up but New Revenue Low

Although the State of Illinois' FY2011 tax amnesty program brought in more than $700 million of delinquent tax payments owed by taxpayers and business, only $12 million of that revenue can be considered new funds. As previously discussed…

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Exemptions ‘Tinker’ with Your Homeowner Property Tax

This article discusses how Cook County property tax exemptions can drastically influence the amount a property owner ultimately pays in taxes. The article cites the Civic Federation’s…

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Watchdog group praises Preckwinkle, but dings her, too

In this blog post, Greg Hinz discusses the conclusions of the Civic Federation's "Cook County Modernization 100-Day Accountability Report." The Federation found…

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Civic Federation Finds Considerable Progress Toward Cook County Modernization

Concerns Remain about Independence of the Health System, Future Budgets (CHICAGO) A new Civic Federation report released today finds that Cook County has made considerable progress toward modernizing its operations, but still faces…

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Cook County Modernization 100-Day Accountability Report

The Civic Federation’s Cook County Modernization 100-Day Accountability Report continues the work of our Cook County Modernization Project. This report includes detailed information on the status of all 36 recommendations from the Civic…

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100 Days in Cook County

Today marks the 100th day since Toni Preckwinkle took office as President of the Cook County Board of Commissioners. During that time, the County has begun to implement a variety of reforms including many of the recommendations from the…

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Cook County Needs to Continue Modernization Process

The Cook County Board recently passed the County’s FY2011 budget. The budget included…