Budget + Tax

Waste Watch: Nearly $100M of waste in Illinois state and local government

Waste Watch: Nearly $100M of waste in Illinois state and local government

Illinois taxpayers are fed up and overtaxed. Residents have little faith that their governments are spending their tax dollars well – and for good reason. The state’s most recent spending plan is out of balance by as much as $1.5 billion, and includes $54.2 million in wasteful spending and $27 million in pork-barrel spending. The...

By Adam Schuster, Alec Mena, Travis Nix

When taxes hit home(s)

When taxes hit home(s)

Making Illinois a more attractive state in which to plant roots is entirely within lawmakers’ control.

By Austin Berg

Report: TIFs fall short of economic development promises

Report: TIFs fall short of economic development promises

A new report analyzes the effects of “tax increment financing” on communities across the nation – and calls into question the merits of the widely used development tool.

Adan and Cynthia Villafranca

Adan and Cynthia Villafranca

“My parents came [to the United States] in 1969. I grew up in the Chicago area. “When Cynthia and I got engaged, we started home searching. We wanted a place ready to go. “I knew nothing about [the cost of] homeownership until I started to home search. I was looking in Oak Lawn, Oak Forest,...