Despite high tax bills, Des Plaines City Council buys theater for $1.3M
Despite high tax bills, Des Plaines City Council buys theater for $1.3M
Local leaders are putting taxpayers on the hook for a development gamble.
Local leaders are putting taxpayers on the hook for a development gamble.
As the state continuously spends more than residents can afford, taxpayers in Rock Island County have seen little income growth.
The city's budget for fiscal year 2019 was accompanied by increases in sales and telecom taxes. But local officials still anticipate a deficit.
“We’re a Navy family. One of the things Navy families do is move frequently. When we bought this place, we intended on staying in it at least until we retired and moved back down south to Mississippi, which was always in the cards. “We worry about the value of course four, five years down the...
“I’ve had about 17 years of buying and selling homes. “There’s some good deals here. I’ve looked at some pretty big properties here. But the bigger commercial pieces are cheap because the taxes are high. “We’re actively trying to buy more commercial property, and the realtors say ‘go ahead and pass [the property taxes] on...
Sangamon County billed homeowners $215 million in 2017. This meant owners of a $127,000 Springfield home had a $2,600 property tax bill.
Residents in Madison and St. Clair counties find themselves fleeced by lawmakers' failure to control state finances.
A joint service agreement between two fire departments could save Lake Bluff more than $500,000 over five years, once fully implemented. The plan would be a welcome change of pace for residents, as Lake County homeowners pay some of the highest property taxes in the nation.
After passing an unbalanced budget in 2017, Decatur will have to address its declining population and revenue as it looks ahead to crafting future budgets.
A new study confirms Cook County's broken property tax assessment system causes owners of lower-value homes to bear a disproportionate share of the tax burden.
Fixing what ails the state requires Illinoisans of all political stripes to be honest about how they got here.
Following years of work by consolidation advocates, the McHenry Township board of trustees passed a motion allowing voters to decide whether to dissolve their local road district in November.
From 2005 to 2015, home values are down, property taxes are up and educational outcomes haven't seen a big improvement.
Illinois' spending on administrative costs is among the highest in the nation, sapping scarce dollars from the classroom. But a new bill would slow the growth in these expenses and align them with taxpayers' ability to pay.