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
Amazon bought the old commercial property, but Bolingbrook’s mayor opposes putting 1,500 jobs on it. Illinois’ job growth was below the national average in 2019.
Chicago Mayor Lori Lightfoot has proposed zoning changes that would keep marijuana dispensaries out of most of the downtown business district after recreational use becomes legal on Jan. 1 in Illinois.
Since Mayor Rahm Emanuel took office in 2011, aldermen have been on the defensive regarding their power. The latest attempt to retain some of that power is taking place along a stretch of 71st Street in the 5th Ward.
If Chicago wants to alleviate poverty and economic inequality, the city needs to reform its zoning laws to allow more building – not institute a new tax on development.
As Chicago’s population shrinks, Houston is set to overtake the Windy City as the third-largest city in America. Illinois’ slumping economy is a major reason for that, but the cities’ different zoning rules show how regulations can promote growth – or stifle it.
City zoning policies serve to keep many neighborhoods segregated. These rules also keep lower-income residents of all races out of popular areas, allowing city officials to shape who can live where and making housing more expensive.
Should the right to open a new business be put up to a public vote? At a meeting this week in Geneva, Ill., aldermen voted to reject tattoo artist Ramiro Guillen’s plan to open a tattoo parlor on Randall road because of opposition from other business owners. And, one alderman speculated, because of stereotypes about...
Chicago Mayor Rahm Emanuel released today his 2014 plan to close the city’s looming $338.7 million budget gap. His proposal is heavy on tax hikes and short on solutions. The mayor vowed not to close the budget gap with higher property taxes this year. Instead, the plan is to nickel and dime Chicagoans with tax...