The Final 2014 Cook County Equalization Factor is 2.7253
The Illinois Department of Revenue announced earlier this summer that the final equalization factor for the Cook County 2014 property assessment year (…
This article features several aldermen’s reactions to reports that a $500 million property tax increase will be included in Mayor Emanuel’s FY2016 proposed City of Chicago budget to fund increased pension payments and school construction.…
This article discusses reports that Mayor Emanuel’s proposed FY2016 budget will include a $500 million property tax increase for the City of Chicago. It cites information from the Civic Federation’s most recent…
The City of Chicago recently released its Annual Financial Analysis for 2015. According to an…
This article reviews findings in the City of Chicago’s Annual Financial Analysis, released July 31. The Civic Federation said the only thing that can improve Chicago’s financial position is a comprehensive plan that relies on sustainable…
This article examines the projected deficit of $426 million reported in the City of Chicago’s Annual Financial Analysis, which does not include additional…
This article covers the $426 million budget deficit projected in the City of Chicago’s Annual Financial Analysis released July 31. The $426 million budget gap does not include nearly $550 million in additional contributions required by…
UPDATE: On September 9, 2015, a lawsuit challenging the streaming services was filed on behalf of seven plaintiffs against the City of Chicago. The plaintiffs argue that because they subscribe to various streaming services, such as Netflix…
On July 15, 2015, the Cook County Board of Commissioners voted 9-7 to once again increase the county sales tax by one percentage point, taking effect on January 1, 2016. Once in place for one full year, Board President Toni Preckwinkle’s…
This segment features Civic Federation President Laurence Msall and DePaul Assistant Professor Nick Kachiroubas discussing the July 15 Cook County sales tax increase. The…