Without property and income tax relief, housing in Illinois will continue to be less attractive, Illinois’ population is likely to continue its decline and housing price appreciation can be expected to continue to lag the rest of the nation.View Report
Poor public policy and inefficient government mean Illinois will struggle to provide relief for residents in need during the next downturn.
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.
The 2017 permanent income tax hike took $732 from the median Illinois household, roughly the same as the $737 that will be returned to state workers who were previously forced to pay “fair share” fees to government unions.
Alton residents are paying for two overlapping units of government – the city of Alton and Alton Township. But voters will soon have the chance to slash costs by dissolving the city’s redundant township.
Decatur City’s city manager is on his way to take the same post in Bloomington, and with it a raise that will push his income above 49 of the nation’s 50 governors.
One year after a record-setting tax hike the state still can’t balance a budget, has done nothing to solve long-term fiscal problems and has further damaged its economic growth.
A landmark case on worker freedom could have positive effects on Illinois’ fiscal health, according to a leading ratings agency.
Scrapping Illinois’ flat income tax protection would open the door for massive tax hikes on the state’s middle class.
The Land of Lincoln's meager rainy day fund would leave the state exposed in the event of another recession.
The state’s fiscal year 2019 budget is out of balance by as much as $1.5 billion.