House bill would lower all Illinois property tax levies by 10 percent

By Vincent Caruso

02/06/2019

The proposal would lower all local governments’ property tax levies by 10 percent and then freeze them in Illinois. Any future increase would require voter approval.

TAGS: Jonathan Carroll, property taxes, PTELL: Property Tax Extension Limitation Law, taxes

Senate bill would give voters authority to cut property taxes by referendum

By Vincent Caruso

04/27/2018

Since 1991, some Illinois counties have traded voters’ ability to influence reductions in property taxes for a statutory limit on their growth. A recent Senate bill, however, would restore voters’ ability to reduce property tax levies through referendums.

TAGS: ballot referendums, Dan McConchie, property taxes, PTELL: Property Tax Extension Limitation Law, taxes

How TIFs and PTELL warp fairness in school funding

By Ted Dabrowski, John Klingner

08/08/2017

Lawmakers concerned with fairness within Illinois’ education system should eliminate discriminatory subsidies.

TAGS: education, PTELL: Property Tax Extension Limitation Law, Senate Bill 1, TIF: Tax Increment Financing

Budget Solutions 2020: A 5-year plan to balance Illinois’ budget, pay off debt and cut taxes

Gov. J.B. Pritzker inherited a $2.8 billion budget deficit the moment he stepped into office. Next year, that deficit is projected to be $3.4 billion1. It’s the same story every budget season. But Illinois’ budget crises could be a thing of the past if the state would adopt pension reform, right-size its union contracts and...

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Budget Solutions 2020: A 5-year plan to balance Illinois’ budget, pay off debt and cut taxes

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Harry Jackson

Policy lessons from Illinois’ exodus of people and money

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students