On May 4, 2010 the Illinois General Assembly passed a bill that will significantly improve the transparency of information about Tax Increment Financing districts in Illinois. Senate Bill 3152 implements a number of the…
The Civic Federation recently published a primer on the Cook County Property Assessment Process. It explains many features…
(CHICAGO) A report released today by the Civic Federation explains the how the taxable value of Cook County real estate is determined and describes different assessment methods, the classification system, equalization, and exemptions.…
This report describes how the taxable value of real estate is established in Cook County, Illinois. It explains the determination of assessed value and the calculation of taxable value, including data on triennial assessment districts,…
One of the Chicago Transit Authority’s ongoing fiscal challenges has been balancing the cost of providing rides on the CTA with the fares the Authority collects from its customers. CTA Board Chairman Terry Peterson announced at the…
When the Chicago City Council approved the Tax Increment Financing (TIF) Sunshine Amendment in April of 2009 that called for the creation of a consolidated and enhanced TIF information website, the City took a significant step towards…
On February 7 the Chicago Transit Authority (CTA) will implement layoffs and service reductions intended to reduce its FY2010…
Click here to read the Civic Federation’s February 2014 updated list of selected consumer taxes in the City of Chicago. In December of 2009, the Civic…
The redesign of the Civic Federation website in July has provided the public, government officials, and the media better access to the Federation’s analyses of government services in Illinois. The regularly-updated Civic Federation blog…
This brief provides an updated compilation of selected consumer taxes, including rates and descriptions, in effect in the City of Chicago on December 1, 2009. It includes such taxes as the sales tax, gas tax, amusement tax, lease tax…
