Inaccuracy and unfairness in the property tax assessment process mean some homeowners, especially those in poorer areas, pay a disproportionate share of the overall tax burden.View Report
Springfield is struggling to juggle its priorities, with state lawmakers pressing up against time to pass a budget for the coming fiscal year.
The state also saw a drop in the unemployment rate over the month, fueled by employment gains and labor force decline.
Reductions in state subsidies are one reason for Decatur’s predicament, but long-running pension woes are an even larger source of pain.
The Civic Federation’s criticism of Gov. Bruce Rauner’s proposed budget is a mixed bag, with its own proposals for Illinois’ financial crisis – including nearly $3 billion in tax hikes – missing the mark.
As local leaders reach an agreement with the city’s public safety unions, the retirement security of Carbondale’s police and fire workers slides further out of reach.
The Decatur City Council moved to stop paying $20,000 to sponsor a golf tournament with the village of Forsyth, a sensible move for a shrinking city operating on a budget deficit.
Agreeing on how much money one has to spend is a basic first step of budgeting.
Lawmakers should voluntarily adopt a spending cap to give taxpayers the certainty they deserve.
A constitutional amendment to impose fiscal discipline on state lawmakers is gaining bipartisan support.
History shows lawmakers prefer to avoid tough but necessary choices.