The Springfield City Council voted to add an advisory referendum to the April ballot asking voters whether to eliminate the local township and let the city handle its duties.
FTX CEO Sam Bankman-Fried announced the cryptocurrency exchange is moving its U.S. headquarters to Miami. It’s the fifth major company to relocate its headquarters out of Illinois this year.
With 40 days until the election, Illinois residents can vote early at their local county clerks’ office. Vote-by-mail ballots should arrive soon, but there is still time to apply for one.
Happy holidays, Cook County homeowners. The second installment of your property tax bills will arrive around Thanksgiving. They won’t be due until after Christmas but before New Year’s.
Gov. J.B. Pritzker stressed the importance of homeownership in Illinois. Under his administration, homeowners have seen their property taxes grow by $2,288.
A new report predicts legalized internet gambling would generate $273.3 million a year in new revenue for Illinois. A safer bet for Illinois’ state workers would be constitutional pension reform.
Decades-high inflation means local governments can easily raise Illinoisans’ property taxes by 5% during the next year. That makes it an especially bad time to compound the property tax hike with Amendment 1.
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...