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
DuPage County billed property tax payers $2.74 billion for 2016; this meant owners of a median-valued home in Naperville worth $388,000 had a $9,000 property tax bill.
Illinois' fifth-largest city is moving to raise taxes on telecommunications and hotels, and fold homesharing into the latter.
Cities and villages across the state are raising taxes or implementing new ones for a variety of functions, from attracting a fast-food restaurant to catching up on rising pension costs.
Most public employees in Illinois receive a single pension upon retirement. But some workers don’t just get one pension – they get two or three. This is made possible by either working multiple government jobs at the same time, or retiring from one public job and beginning a second within a different pension system. Both...