Illinois can do it the old way and raise taxes to deliver pork projects. Or Illinois can be smart and make each tax dollar work hard to deliver projects that help residents and the economy.View Report
As property tax bills hit Lake County mailboxes, residents get a stark reminder that Illinois needs pension reform, not higher taxes.
While progressive tax proponents champion their “tax on the rich,” middle-income families in Lake County – home to the state’s highest property taxes – could see a big tax hike under income tax models praised by Illinois Gov. J.B. Pritzker.
A proposed 1 percent sales tax would have increased the village of Barrington’s sales tax burden to among the highest in the nation.
An idea to fix Illinois’ fiscal woes with a statewide property tax made headlines in May. Voters in Lake County will be asked whether state lawmakers should have the power to impose such a tax.
Gov. Bruce Rauner vetoed a measure that would let Lake County voters elect an assessor, suggesting that it apply to all counties instead.
Lake County residents pay some of the highest property taxes in the nation – a burden driven by the growth in pension costs over the last 20 years.
Months after an investigation found Lake Forest’s city manager to have squandered $200,000 on unauthorized lobbying payments, the north suburban official announced plans to retire next year.
Many communities in the northern Illinois border county are having trouble attracting and retaining residents.
More than half of the full-time village workforce takes home total compensation over $100,000 annually.
Homeowners in Chicago’s collar counties faced some of the highest average property tax bills in the state in 2017.