New York will make 2% property tax cap permanent

By Amy Korte

04/10/2019

While New York lawmakers have agreed to make the state’s 2% temporary limit on property tax levies permanent, Illinois should take reform farther by enacting a freeze on levies and giving local governments the ability to rein in their spending.

TAGS: Andrew Cuomo, JB Pritzker, new york, property taxes, PTELL: Property Tax Extension Limitation Law, taxes

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

Power in payments: Illinois can help unbanked residents, save money by adopting best practices in payment methods

Each year, tens of billions of dollars flow through Illinois state government.1 These flows all depend on methods of payment. In deciding on those payment methods, policymakers must consider a number of important factors, including security controls, cost effectiveness, accessibility, speed and allowance for choice. This report shows that by adopting best practices across all...

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Power in payments: Illinois can help unbanked residents, save money by adopting best practices in payment methods

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Ifeoma Nkemdi

Policy lessons from Illinois’ exodus of people and money

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