A new property tax hike worth as much as $148 million is set to hit Chicagoans as part of the latest school funding proposal. That’s on top of the record-breaking property tax hikes Mayor Rahm Emanuel approved in 2015 and a litany of other city and county taxes and fees.
House Bill 3004 would have put banks and bondholders ahead of taxpayers and those who rely on government services. But Gov. Bruce Rauner’s amendatory veto strips the bill of those bailout provisions.
Median pay for city workers was nearly $93,000 in 2016.
After failing to override Gov. Bruce Rauner’s amendatory veto of Senate Bill 1, which stripped a Chicago bailout from the education funding proposal, Illinois House members voted to pass a compromise bill containing the state’s first-ever tax credit scholarship program.
Gov. Bruce Rauner signed a bill into law Aug. 25 imposing fines for the sale of mislabeled catfish.
A bill Gov. Bruce Rauner vetoed Aug. 25 would have imposed new regulations and fees upon businesses to enforce trampoline safety measures.
Illinois school districts spent $1 billion on district-level administration in fiscal year 2014 – more than any other state.
Since 2006, Chicago Public Schools has been deprived of $2.5 billion in property tax revenue that has been diverted to Chicago TIF districts.
After threatening thousands of job cuts, President Preckwinkle agrees to a lucrative contract with one of Cook County’s unions.
Substantive ordinances make up less than 2 percent of all legislation considered by the current City Council over the past two years.
School funding is locked up due to the current fight in Springfield over the state’s new education funding formula and the bailout of Chicago Public Schools it contains.
Illinois is taking small steps toward consolidating some of its duplicitous local governments, but bold reforms are needed to start addressing the state’s nearly 7,000 taxing bodies, the most in the nation.
Retailers will now have to either program cash registers not to tax purchases made with food stamps, or implement a “manual override.”
Gov. Bruce Rauner’s amendments to Senate Bill 1 bring nearly $54 million more to the 10 school districts with the highest Latino student enrollment outside Chicago.