Taxes and Fees

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Analysis of the State of Illinois FY2019 Enacted Budget

The Illinois General Assembly passed a budget for fiscal year 2019 on May 31, 2018 and Governor Rauner signed it into law on June 4, 2018. The Institute for Illinois' Fiscal Sustainability has since then continued to analyze the enacted…

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Time for the City of Chicago to Reassess the Garbage Collection Fee?

As part of the FY2016 budget approval process during fall of 2015, the City of Chicago for the first time imposed a waste removal fee of $9.50 per month on approximately 600,000 residents already receiving waste removal services provided…

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Civic Federation 2019 Legislative Priorities

2019 Civic Federation Legislative PrioritiesThe Civic Federation's legislative priorities for 2019 …

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CTA Productivity Measures and Comparisons

The Civic Federation conducts an analysis of the Chicago Transit Authority’s annual proposed budget each year. This analysis includes two measures used to assess CTA’s productivity over time: labor cost per actual unlinked passenger trip…

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Civic Federation Supports Cook County's FY2019 Budget

(CHICAGO) In a report released today, the Civic Federation announced support for Cook County’s proposed FY2019 budget. The $5.9 billion budget proposal is structurally balanced without raising new taxes and continues the practice of making…

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Cook County FY2019 Executive Budget Recommendation: Analysis and Recommendations

Click here to read the full report. The Civic Federation supports Cook County’s proposed FY2019 budget of $5.9 billion…

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Whither the Illinois Estate Tax?

The Illinois Estate tax is levied on net assets over $4 million of the estates of the deceased. Illinois does not have an inheritance tax, which is levied on assets received by the inheritors of an estate. Estate tax revenue is forecast…

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City of Chicago Increases Tax on Liquid Nicotine Products

Consumers of liquid nicotine in the City of Chicago will now pay more for liquid nicotine following the passage of…

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City of Chicago Passes Additional 2.0% Tax on Home Sharing

The Chicago City Council on July 25, 2018 approved a 2.0% surcharge on shared housing and vacation rentals in the City of Chicago. The 2.0% surcharge is in addition to an existing 4.0% surcharge on vacation rentals or shared housing units…

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2017 Cook County Property Taxes Rates Report Released and Second Installment Property Tax Bills Mailed

Cook County Clerk David Orr’s office released the 2017 Cook County Tax Rates report on June 20, 2018 and shortly after…