The Civic Federation opposes the City of Chicago's proposed $5.9 billion budget. The budget proposes an additional $266.6 million in new spending and includes a $108.0 million property tax increase, the largest in recent Chicago history.…
The Civic Federation supports the Forest Preserve District's proposed $175.2 million budget because the District has issued a Capital Improvement Plan for the second consecutive year and made it available on its web site. The Federation…
The Civic Federation opposes the Cook County FY2008 proposed budget. The $3.2 billion budget includes a 267% increase in the county sales tax, the addition of 1,130 new positions, and other tax hikes that could generate as much as $979.8…
This brief provides an updated compilation of selected consumer taxes, including rates and descriptions, that will be in effect in the City of Chicago on July 1, 2008. It includes such taxes as the sales tax, gas tax, amusement tax, lease…
This report provides estimates of the total market value of real property in Cook County from 1996-2005 and shows how property value is spread among the City of Chicago, the northern and the southern suburbs. From 1996-2005, the value of…
This report compares property tax rates in selected communities around metropolitan Chicago, and finds that effective rates for commercial property in Chicago declined by nearly 50 percent between tax years 1999 and 2005.
The Civic Federation gives qualified support to the Chicago Public Schools Recommended 5.8 billion dollar FY2008 operating budget. The District has made efforts to contain costs and improve budget transparency. However, the Civic…
The Civic Federation supports the City Colleges of Chicago's tentative $473.6 million FY2008 budget because the district will reduce its overall property tax burden, exercize fiscal restraint, and has increased the amount of time allowed…
The Civic Federation opposes the massive expansion of health care and long-term borrowing proposed in the FY2008 State budget recommendation, but offers qualified support for sale/lease of the State lottery and for reasonable revenue…
This comprehensive property tax study examines the effects of the "7% cap" (expanded homeowner exemption) on property tax throughout Cook County from 2002-2005, and projected 2006-2008. The report breaks out more categories of property and…
