The state finally passed legislation to comply with a 2023 U.S. Supreme Court ruling that the government may not keep surplus equity when property is sold for unpaid taxes.
The proposed Illinois budget gives money to NASCAR and PGA as lawmakers weigh a Bears stadium tax break, putting taxpayers on the hook for private sports costs.
Chicago Public Schools borrowed over $1.8 billion amid a delay in last year’s Cook County bills, adding interest costs and exposing the fragility of the district’s finances.