Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
The individual choices we make every day will curb or aggravate the pandemic. And the policies we collectively pursue will either let us bounce back or aggravate the economic disaster.
With a federal corruption probe burrowing deeper into Springfield, the Illinois General Assembly has only one choice when it comes to the future of a red-light camera industry that has infected nearly 100 communities statewide: shut it down.
While often regarded as a duplicative and unnecessary unit of government, former township employees in Illinois have banked more than $273 million in pension benefits since 1998.
Avenues for state oversight for cities with financial difficulties have limited utility in the face of massive pension debt and have almost never been invoked since Springfield passed them into law in 1990.
A new law gives townships the option to let voters abolish their road districts through referendum. But Algonquin Township trustees rejected a resolution that would have given taxpayers that choice.
Local government leaders across Illinois are asking their state lawmakers to stand up against House Speaker Mike Madigan’s progressive tax push.
While details surrounding the ex-official’s separation with the village remain undisclosed to the public, trustees’ approval of his $161,000 severance package went unobstructed.
From 2005 to 2015, home values are down, property taxes are up and educational outcomes haven't seen a big improvement.
Since 1990, the owners of 671 Lincoln Avenue have paid more than $783,000 in property taxes when adjusting for inflation.
Cook County governments have now amassed $139 billion in debt, a 30 percent increase over the last 5 years.