Tax hike threat looms as Illinois budget deadline nears
Tax hike threat looms as Illinois budget deadline nears
They are signaling a willingness to raise taxes as the May 31 deadline quickly approaches.
They are signaling a willingness to raise taxes as the May 31 deadline quickly approaches.
The state again had the highest residential property tax rate in the U.S. in 2024, tied with New Jersey.
Under the measure, aspiring barbers, cosmetologists and others would have a path to a license that doesn’t require expensive schooling.
Many school districts cover teachers’ required pension contribution of 9% of their salary — putting that burden on taxpayers.
Chicago Public Schools borrowed over $1.8 billion amid a delay in last year’s Cook County bills, adding interest costs and exposing the fragility of the district’s finances.
The city should aim to scrap or restructure the 2008 contract by arguing that it’s “manifestly against public policy.”
The union wanted to raise dues as much as $800 a year to pay for its leaders’ political activities.
Lawmakers too often decide what to spend without an accurate picture of what will come in.
Gas prices in Illinois are up 48% from last Memorial Day. Here’s what to know about the state’s gas tax.
Going into this budget cycle, there should be an added urgency for the City Council to build its capacity to play a co-equal role in the budget process and push to adopt more reforms and efficiencies to control spending.
Lawmakers make costly decisions without understanding the economic impact.