The Chicago suburb’s decision to raise the levy will result in a 3.1 percent hike in the city’s portion of property tax bills, marking the first such increase in four years.

The Northern Illinois University Board of Trustees approved an expensive severance package for former university President Doug Baker, despite the scandal ending his tenure.

The Board of Trustees at Northern Illinois University granted a $600,000 severance package to outgoing university President Doug Baker, who resigned following a state investigation into his management of the university. But after a court struck down that agreement, the board is set to vote again.

The Chicago Transit Authority’s latest budget proposal includes 25-cent fare hikes.

Increases in several taxes mean a higher tax bill for taxpayers.

Mayor Rahm Emanuel’s budget proposal includes jacked-up costs for business licenses and stricter noncompliance penalties.

Mayor Rahm Emanuel’s proposed increase in the city’s amusement tax is nothing but the continued nickel-and-diming of Chicagoans.