State of Illinois confirms new budget is out of balance by $1.2B
State of Illinois confirms new budget is out of balance by $1.2B
Despite claims from some state lawmakers that the fiscal year 2019 budget is balanced, official reports to bond buyers admit a deficit of more than $1 billion.
By Adam Schuster
Taxpayer victory: Rauner signs bill axing ‘golden parachute’ payouts for public officials
Taxpayer victory: Rauner signs bill axing ‘golden parachute’ payouts for public officials
The Government Severance Pay Act places a cap on – and attaches strings to – golden parachute severance payouts for outgoing government employees.
By Vincent Caruso
St. Clair County property taxes nearly doubled over last 20 years
St. Clair County property taxes nearly doubled over last 20 years
Property taxpayers in St. Clair County have seen home values swamped by property taxes over the past 20 years.
By Vincent Caruso
Lawsuit seeks to end Burke’s ‘political army’ in Chicago workers’ comp system
Lawsuit seeks to end Burke’s ‘political army’ in Chicago workers’ comp system
Chicago’s longest-serving alderman runs the city’s workers’ comp program without any outside scrutiny. But a new lawsuit aims to change that.
By Austin Berg
53,000 Cook County homeowners to receive $19.5M in property tax refunds
53,000 Cook County homeowners to receive $19.5M in property tax refunds
Millions in property tax refunds will go out to Cook County homeowners as early as Aug. 15.
By Chris Lentino
Michael Serrano
Michael Serrano
“I head over to Indiana at least three times a month to get groceries, cigarettes, gas, anything that is taxed less. Part of it is that I’m trying to watch out for my pocketbook, the other part is to just not give any more of my tax dollars to Illinois. “Politicians only care about themselves....
Jamie Grubich
Jamie Grubich
“I grew up here. I came back here after college and I was in the military and I was with a unit in Rockford. I was a [National] Guard and reserve member for 13 years. “It makes me sad to think there’s a possibility that I might not want to live here. “I liked having...
Why your property tax bill is so high, and how to fix it
Why your property tax bill is so high, and how to fix it
Less than 50 cents of every additional property tax dollar over the last 20 years went to pay for services that raise home values. Instead, the primary driver of the rise in property taxes was pension costs.
By Austin Berg
Rauner gives DuPage County green light to pursue consolidation effort
Rauner gives DuPage County green light to pursue consolidation effort
A new law will allow DuPage County to dissolve its election commission and transfer its functions to the county clerk’s office, saving taxpayers hundreds of thousands of dollars.
By Eddie Damstra
Naperville begins collecting Airbnb tax as similar taxes loom downstate
Naperville begins collecting Airbnb tax as similar taxes loom downstate
As Airbnb begins to remit Naperville’s hotel/motel use tax, some downstate municipalities are considering similar measures.
Ankle breaker: Dwyane Wade’s property taxes total nearly half home’s value over past 10 years
Ankle breaker: Dwyane Wade’s property taxes total nearly half home’s value over past 10 years
Dwyane Wade’s Matteson home has been on the market since May. At its current 5 percent effective property tax rate, the buyer would pay for it again in property taxes within 20 years.
By Chena Underhill
Will County shoppers would pay among nation’s highest sales taxes under referendum proposal
Will County shoppers would pay among nation’s highest sales taxes under referendum proposal
A new sales tax proposed by Will County school districts would put some residents’ sales tax burden in a league with Chicago, which is home to the highest combined sales tax rate of any major city in the U.S.
By Vincent Caruso
3 ways Illinois can improve its property tax assessment system
3 ways Illinois can improve its property tax assessment system
The method by which local governments calculate Illinoisans’ property tax bills is broken. Here’s how Springfield can fix it.
By Vincent Caruso
Belleville spent more than $2.5M on workers’ comp settlements in less than 5 years
Belleville spent more than $2.5M on workers’ comp settlements in less than 5 years
While a few payouts were the result of severe injuries, local taxpayers were also on the hook for settlements with workers who returned to work the very next day.
By Vincent Caruso