Gov. J.B. Pritzker inherited a $2.8 billion budget deficit the moment he stepped into office. Next year, that deficit is projected to be $3.4 billion1. It’s the same story every budget season. But Illinois’ budget crises could be a thing of the past if the state would adopt pension reform, right-size its union contracts and...View Report
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.
In 2017 alone, Lake County billed homeowners $1.8 billion in property taxes. Owners of a median-valued home in Lake Forest received a $13,600 property tax bill.
A progressive tax proposal in the Illinois House would raise taxes on an overwhelming majority of families already struggling with some of the highest tax burdens in the nation.