By Orphe Divounguy, Austin Berg, Bryce Hill, Joe Tabor
01/22/2018
Illinois' jobs growth trailed that of the nation during the first half of 2017, then slowed to a halt in the wake of the General Assembly's record-breaking tax hike.
Municipal leaders have expressed concerns about the anti-competitive, job-killing effects of Cook County’s minimum wage increases and new sick leave law and are using home rule authority to exempt their communities from the requirements.
Village officials in Schaumburg are pushing for $512 million in new property taxes via a Tax Increment Financing, or TIF, district. The taxes would be used to create an entertainment district north of Woodfield Mall. But it’s not just people who pay property taxes in Schaumburg who would foot the bill. TIF districts cause property...
Moodys is set to require states and local governments to use more transparent and realistic accounting rules when they report their true pension obligations. And that means Illinois debt and underfunding numbers will skyrocket.
by Brian Costin An 6-month follow up audit of the Schaumburg Township area in Northwestern Cook County revealed that still only 4 of 18 local government agencies graded received a passing grade on basic online transparency guidelines. The “Local Transparency Project”, a project of the non-partisan Illinois Policy Institute, consists of two separate transparency audits 6...
An 6-month follow up audit of the Schaumburg Township area in Northwestern Cook County revealed that still only 4 of 18 local government agencies graded received a passing grade on basic online transparency guidelines. The “Local Transparency Project”, a project of the non-partisan Illinois Policy Institute, consists of two separate transparency audits 6 weeks apart...
An audit of the Schaumburg Township area in Northwestern Cook County revealed only 4 of 17 local government agencies graded received a passing grade on basic online transparency guidelines.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.