Without property and income tax relief, housing in Illinois will continue to be less attractive, Illinois’ population is likely to continue its decline and housing price appreciation can be expected to continue to lag the rest of the nation.View Report
Accepting a deal that includes $6 million in subsidies, Wynright Corporation will expand its operations in Indiana and close plants in suburban Elk Grove and Oak Lawn.
That’s why they call them taxes. If they were easy, they’d call them something else.
Many communities in the northern Illinois border county are having trouble attracting and retaining residents.
While Quad Cities geography connects East Moline and the Iowa cities of Davenport and Bettendorf, Illinois’ abundance of school districts means their administrative environments are worlds apart. By consolidating duplicative administrative bodies, East Moline could generate taxpayer savings.
The current and future workforce is shrinking in Illinois, but growing across the U.S. Making the Prairie State more attractive for families seeking to work and invest is key to fixing this problem.
As Illinois struggles to address its people problem, population loss has plagued communities across the Land of Lincoln. But the shrinkage in some areas has been more severe than others.
With pension debt straining city finances, local politicians have insisted on turning to its declining population for more tax revenue.
More than three-quarters Illinois communities lost population over the year, and nearly all of the state’s major metro areas are lagging the nation on key economic indicators.
As part of Illinois’ statewide population drop in 2017, southern Illinois counties saw a continuation of population losses they’ve been seeing for years.
If current population trends hold, Rock Island, Illinois, will take a back seat to Bettendorf, Iowa, within five years.