In his annual budget address, Chicago Mayor Rahm Emanuel painted a rosy picture about city finances while selling more tax and fee increases.

Chicago Public Schools’ teacher and staff layoff announcement comes as the district pushes for more state money despite Chicago’s millions in TIF funds.

Joe Ocol is taking his South Side chess team to one of the nation’s premier tournaments. But he needs help paying their way.

At a time when businesses are fleeing the state, a group of Chicago aldermen are attempting to revive the employer’s expense tax to bail out Chicago Public Schools.

The city’s latest taxpayer-funded development project reinforces the need to eliminate tax increment financing in favor of honest and transparent city budgeting.

The average single-family home in Chicago will see a $400 increase in property taxes. And property-tax revenues for the city of Chicago will top $1 billion for the first time in city history.