Taxes and Fees

.

Civic Federation Supports FY2013 Forest Preserve District Budget: Negative Long-term Trends Include Significant Decline in Pension Funding

In a report released today, the Civic Federation supports the $190.3 million proposed FY2013 Forest Preserve District of Cook County budget for its discipline in identifying non-tax revenue sources as an alternative to increasing the…

.

Forest Preserve District of Cook County FY2013 Budget Analysis

The Civic Federation supports the Forest Preserve District of Cook County’s FY2013 proposed $190.3 million budget for its discipline in identifying non-tax revenue sources to hold the property tax levy flat for the fourth year in a row…

.

Cook County Board of Commissioners Approves FY2013 Budget

The Cook County Board of Commissioners approved the FY2013 Annual Appropriation bill (FY2013 budget) on November 9. The budget was approved with a 16-1 vote. The Cook County…

.

Drop in State's PPRT Distributions Mean Less Revenue for City

Last week, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability published a blog on the State of Illinois’ Personal Property…

.

Read Rahm’s lips: No new taxes in next city budget

Mayor Rahm Emanuel announced September 29 that the City of Chicago’s FY2013 budget would not include any increased taxes, fines or fees. It will instead focus on reforms, cuts and efficiencies. The Civic Federation praised the City for…

.

2011 Cook County Property Tax Bills Due This Week

Second installment property tax bills for Cook County residents are due this week, the earliest due date since at least 1977,…

.

Chicago City Council Approves Infrastructure Trust

On April 24, 2012, the City Council passed an ordinance…

.

Tax Breaks for Hospitals?

This editorial discusses Governor Quinn’s moratorium on the State’s review of property tax exemptions for non-profit hospitals. The moratorium was lifted on March 1 after negotiators were unable to reach an agreement on exemption standards…

.

Proposals arise for Illinois hospital charity care

This article discusses the various proposals emerging in response to legal and legislative uncertainty surrounding property tax exemptions for non-profit hospitals. The Civic Federation’s…

.

When is a temporary tax increase really temporary?

This article examines the challenge facing several states that enacted temporary tax increases during the recession and now face long-term budget challenges as the increases are scheduled to sunset. The Civic Federation says that the…