Do Illinois homeowners get any bang for their property tax buck?
Do Illinois homeowners get any bang for their property tax buck?
From 2005 to 2015, home values are down, property taxes are up and educational outcomes haven't seen a big improvement.
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.
State lawmakers passed into law a bill that exempts a single Chicago performance hall from a provision in Illinois state liquor law, overriding Gov. Bruce Rauner's veto. This practice of granting piecemeal exemptions is commonplace but cumbersome.
In a comparative analysis of taxes and fees in the nation's top 15 cities, Chicago won first place more times than any other city.
Every relationship comes with some sacrifices. But for an alarming number of Illinoisans, they're opting instead to sacrifice their state IDs.
The state has chosen to coddle some big businesses while punishing the small.
If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...
Residents of DuPage County pay some of the highest property taxes in the state - and the country. As taxpayers feel the pinch, compensation remains generous for many local officials - some have even enjoyed a boost.
The defined-benefit pension system threatens the retirement security of government workers, as well as the pocketbooks of overburdened taxpayers.
A new study shows 13 percent of Chicago-area homeowners with mortgages owed at least 25 percent more than their homes were worth.
A proposal to tie state spending to what taxpayers can afford is earning bipartisan support in Springfield.