This article describes the politics surrounding a vote by the Cook County Board of Commissioners to reduce the county sales tax by a half-cent. It cites the Civic Federation’s analysis of the County’s proposed FY2009 budget.
The Civic Federation opposes the FY2010 City of Chicago budget of $6.14 billion because it is unsustainable and relies too heavily on one-time reserve funds to close a $520.0 million budget deficit. The proposed drastic draw down of long-…
(CHICAGO) A new report released today by the Civic Federation explains the assessment appeal process at the Cook County Assessor’s Office and the Board of Review and includes data on the number and type of real estate parcels filing…
The purpose of this issue brief is to provide summary information on property tax appeals in Cook County, Illinois. It describes the assessment appeal process at the Cook County Assessor’s Office and the Cook County Board of Review and…
Under the old state statute that limited the property tax rates of the Chicago Public Schools, Tax Increment Financing directly restricted property tax revenues available to CPS because it froze part of the equalized assessed value (EAV)—…
Chicago Public Schools has received almost $400 million in Tax Increment Financing revenue from the creation of the first City of Chicago TIF in 1984 through July 2009 and is scheduled to receive over $491.3 million more according to…
The financial condition of U.S. municipalities continues to deteriorate, according to the recently-released 24th annual City Fiscal…
This explanation of the Cook County 7% Expanded Homeowner Exemption program, which was intended to limit yearly increases to County homeowner property tax assessments, mentions a Civic Federation position statement that calls for changes…
In this interview segment about Cook County property taxes on Chicago Public Television's "Chicago Tonight" news program, Assessor James Houlihan mentions the Civic Federation’s Effective Tax Rates report.
This article about Cook County’s FY2010 proposed budget and the efforts to rollback the County’s one cent sales tax increase from 2008 quotes the Civic Federation. The Federation says the high Cook County sales tax rate hinders business…
