Local realtors are having a difficult time convincing clients not only to move to the county, but to stay.
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.
A bill in the Illinois House of Representatives would allow the Illinois Department of Labor to place a lien on a business owner's property should he or she fail to respond to an allegation of unpaid wages within five days.
State Rep. Emanuel "Chris" Welch has proposed a measure that would increase by 400 percent the personal property replacement tax imposed on partnerships, LLCs and other types of businesses.
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.