Taxes and Fees

.

City of Chicago FY2003 Proposed Budget: Analysis and Recommendations

The Civic Federation commended the City of Chicago for avoiding any broad based tax increases in its efforts to balance the $4.7 billion FY2003 budget.

.

City Colleges of Chicago FY2003 Proposed Budget: Analysis and Recommendations

The Civic Federation was encouraged by the City Colleges’ efforts to balance its $296 million budget by reducing positions and drawing down reserves. The Federation also applauded its efforts to implement a strategic planning process.

.

Chicago Public Schools FY2003 Proposed Budget: Analysis and Recommendations

The Civic Federation applauded the Chicago Public Schools for eliminating $28 million in spending, in addition to the $90 million in cuts made in May in order to close a cumulative budget gap of at least $192 million. However, the…

.

Potential Financial Impact of Recent Decisions by the Illinois Property Tax Appeal Board: Estimated Property Tax Refund and Tax Burden Shift Figures and Commentary

This report provides the results of several analyses and concludes that pending decisions by PTAB could create potentially large losses in local government revenue, and subsequently, significant tax burden shifts onto homeowners.

.

Metropolitan Water Reclamation District FY2002 Budget: Analysis and Recommendations

The Civic Federation opposed the $4.3 million property tax increase proposed in the MWRD’s proposed FY2002 budget of $793 million. The Federation did not believe that increasing taxes during a recession was prudent.

.

Chicago Park District FY2002 Proposed Budget: Analysis and Recommendations

The Civic Federation opposed the $7 million property tax increase proposed in the FY2002 Chicago Park District’s $334 million budget. However, we strongly supported the innovative directions the District has taken this year and previous…

.

Cook County FY2002 Proposed Budget: Analysis and Recommendations

The Civic Federation commended Cook County for proposing a FY2002 budget of $2.7 billion that held the line on spending and avoided tax or fee increases. However, we were disappointed that the County once again failed to improve its…

.

City of Chicago FY2002 Proposed Budget: Analysis and Recommendations

The Civic Federation supported the proposed FY2002 City of Chicago budget of $4.6 billion because: the budget did not include any broad-based tax increases; it eliminated 538 vacant positions for a net savings of $22 million; it cut 5%…

.

Illinois Telecommunications Tax Project

This study provides a systematic model of telecommunication taxes in Illinois and provides and objective analysis of the Chicagoland governments in relation to the structure of telecommuniation taxes in the state.

.

Report of the Task Force on the Reform of the Cook County Property Tax Appeals Process III: Proposed Amendments to the Illinois Property Tax Code and Commentary

This report analyzes the issues surrounding decisions made by the Illinois property tax Appeal Board on the median level of assessment within Cook County. It includes recommendations for statutory changes to provide for an orderly property…