East St. Louis faces interception of state funds for $2.2M pension debt

By Brad Weisenstein

09/19/2019

The southwestern Illinois city faces high crime and poverty rates, as well as a $5.5 million budget deficit. Now, $2.2 million owed to its firefighters pension threatens to halt the flow of state funds.

TAGS: East St. Louis, municipal pensions, pension guarantee, pensions, property taxes

Madison County home values down 17%, property taxes up 3% since recession

By Brad Weisenstein

09/17/2019

Without true pension reform, Madison County homeowners will only continue to see the gap between their property taxes and home values grow.

TAGS: Madison County, municipal pensions, pension guarantee, pensions, property taxes, taxes

City of Springfield needs $269M in tax hikes to fund pensions

09/17/2019

The city of Springfield needs nearly $270 million more in revenue to meet the required contributions to its pension funds for retired police officers and firefighters.

TAGS: budget, municipal pensions, pension guarantee, pensions, property taxes, taxes

St. Clair County home values down 23%, property taxes up 5% since recession

By Brad Weisenstein

09/16/2019

Without true pension reform, St. Clair County homeowners will only continue to see the gap between their property taxes and home values grow.

TAGS: municipal pensions, pension guarantee, pensions, property taxes, St. Clair County, taxes

Pension costs force suburban Illinois village to weigh new property tax

09/16/2019

Rising pension costs could force suburban Carol Stream to impose a property tax for the first time in five decades.

TAGS: Carol Stream, municipal pensions, pension guarantee, pensions, property taxes, taxes

Property tax relief task force votes against ending costly conflicts of interest

By Vincent Caruso

09/12/2019

Some Illinois lawmakers supplement their income doing property tax appeals work at private law firms. A property tax relief task force that includes some of those lawmakers killed a proposal to end that conflict of interest.

TAGS: Deanne Mazzochi, Ed Burke, Klafter & Burke, Madigan & Getzendanner, Mike Madigan, property taxes

Will County home values down 28%, property taxes up 4% since recession

By Vincent Caruso

09/12/2019

Without true pension reform, property taxes are only bound to continue eating at Will County homeowners.

TAGS: municipal pensions, pension guarantee, pensions, property taxes, taxes, Will County

Kane County home values down 29%, property tax up 4% since recession

By Vincent Caruso

09/11/2019

Without true pension reform, property taxes are only bound to continue hurting Kane County homeowners.

TAGS: Kane County, municipal pensions, pension guarantee, pensions, property taxes, taxes

DuPage County home values down 24%, property tax up 7% since recession

By Vincent Caruso

09/09/2019

Without true pension reform, property taxes are only bound to continue swamping DuPage County homeowners.

TAGS: DuPage County, home values, municipal pensions, pension guarantee, pensions, property taxes, taxes

Lake County property taxes up 2%, despite home values down 31% since recession

By Vincent Caruso

09/06/2019

Without true pension reform, property taxes are only bound to continue eating at Lake County homeowners.

TAGS: municipal pensions, pension guarantee, pensions, property taxes, taxes

property taxes

East St. Louis faces interception of state funds for $2.2M pension debt

Madison County home values down 17%, property taxes up 3% since recession

City of Springfield needs $269M in tax hikes to fund pensions

St. Clair County home values down 23%, property taxes up 5% since recession

Pension costs force suburban Illinois village to weigh new property tax

Property tax relief task force votes against ending costly conflicts of interest

Will County home values down 28%, property taxes up 4% since recession

Kane County home values down 29%, property tax up 4% since recession

DuPage County home values down 24%, property tax up 7% since recession

Lake County property taxes up 2%, despite home values down 31% since recession

Chicago Forward 2026: A pro-growth plan to end city budget deficits

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