Norridge hikes property taxes by more than 35 percent to pay for pensions
Pressured by police pension costs, Norridge trustees voted to hike the village’s property tax levy by more than 35 percent.
A way out: Bankruptcy authorization would give struggling Illinois municipalities options
Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...
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