Wave of local tax and fee increases sweeping Illinois

By Brendan Bakala
Cities and villages across the state are raising taxes or implementing new ones for a variety of functions, from attracting a fast-food restaurant to catching up on rising pension costs.

TAGS: Bloomington, consolidation, fees, local government, local government consolidation, municipal pensions, naperville, New Lenox, Oswego, pensions, peoria, property taxes, sales tax, taxes, TIF: Tax Increment Financing, Wheaton

Illinois House passes school funding plan, tax credit scholarships

By Austin Berg
After failing to override Gov. Bruce Rauner’s amendatory veto of Senate Bill 1, which stripped a Chicago bailout from the education funding proposal, Illinois House members voted to pass a compromise bill containing the state’s first-ever tax credit scholarship program.

TAGS: CPS: Chicago Public Schools, CTU: Chicago Teachers Union, education, Illinois General Assembly, school choice, TIF: Tax Increment Financing