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City of Chicago

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Johnson Set to Start Tackling Chicago’s Pension Woes, Hemmed in by Vow Not to Raise Property Taxes

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These Are the Four Major Takeaways From the City’s $6.2 Billion Budget Deal

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Chicago City Council should be reduced by half, Civic Federation recommends

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Civic Federation Report Details Financial Challenges Facing Chicago's New Mayor and City Officials

Analysis also explores revenue options and offers recommendations for reform(CHICAGO) – The Civic Federation released a report today detailing the City of Chicago’s major financial challenges, as well as options and recommendations to…

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Financial Challenges Facing the Chicago Mayor and City Council: Options and Recommendations

Click here to read the full report.…

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Addressing the Financial Entanglements Between the City of Chicago and Chicago Public Schools

With the upcoming implementation of an elected school board to oversee Chicago Public Schools, the governance of CPS will be separated from the City of Chicago. The 21-member elected school…

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Chicago's Recent Rating Upgrades

The City of Chicago has received a number of upgrades from credit rating agencies over the past year, for both the City’s long-term general obligation debt and other debt. City debt primarily consists of general obligation debt secured by…

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How the Composite Effective Hotel Tax Rate Is Calculated in Chicago

The Civic Federation released its annual…

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Will Chicago Restore the Head Tax?

In the current campaign for Chicago Mayor and City Council, several candidates have called for restoring the City’s employer’s expense or “head” tax, a tax that was repealed in 2014. An employer’s expense tax, or head tax, is imposed on…

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2023 Consumer Tax Rates Report

Click here to read the full report.INTRODUCTIONThis annual report lists and describes selected consumer taxes within the City of Chicago. For…