Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
A Cook County commissioner quits as a former city administrator faces a bribery charge. Both played roles in the rise of red-light cameras and vendor SafeSpeed.
There’s no doubt: the county taxed soda more, so people bought less of it. It’s a simple lesson. So why doesn’t Springfield get it?
Illinois will impose a new sales tax on vehicle trade-ins beginning New Year’s Day. That’s why car dealerships have been running radio ads for weeks telling Illinoisans to come on down before the ball drops.
With the ratification of the 21st Amendment, 1933 marked the end of Prohibition in the United States. Illinois, however, has continued to serve a cocktail of prohibitive regulations on alcoholic beverages.
Chicago Teachers Union backed Toni Preckwinkle for mayor of Chicago, donating nearly $300,000 to her campaign. But Lori Lightfoot won – and now CTU is on strike for the third time in seven years despite her generous offer.
Chicago Teachers Union backed Toni Preckwinkle for mayor of Chicago, donating nearly $300,000 to her campaign in 2019. But Lori Lightfoot won – and now CTU is threatening to go on strike despite being offered a generous deal.
Average home prices in Cook County are 31% lower today than in 2007. Meanwhile, property tax bills have increased by 22%.
Voters across seven Cook County townships strongly oppose a return of the sweetened beverage tax.
The Democratic nominee in the Cook County assessor’s race is voicing support for a ban on city aldermen doubling as property tax appeals attorneys, an arrangement that encourages conflicts of interest.
While the county hospital system loses out on revenue, county payroll and retirement costs continue to climb.