Budget + Tax

State lawmaker plans to introduce township consolidation bill

State lawmaker plans to introduce township consolidation bill

State Rep. David McSweeney, R-Barrington Hills, is working on the framework for a bill that would dramatically improve taxpayers’ ability to eliminate township governments, of which Illinois has about 1,400.

Hoffman Estates passes property tax hike

Hoffman Estates passes property tax hike

Seeing rising pension costs, a decline in state assistance, and a new state tax-collection fee, in 2018 the village plans to raise the property tax levy 4.9 percent and make a 1.2 percent cut to the village’s budgeted revenues, in addition to a 1.7 percent spending cut.

By Brendan Bakala

NIU board to vote on $600,000 severance package for former president

NIU board to vote on $600,000 severance package for former president

The Board of Trustees at Northern Illinois University granted a $600,000 severance package to outgoing university President Doug Baker, who resigned following a state investigation into his management of the university. But after a court struck down that agreement, the board is set to vote again.