For the second year in a row, Chicago Public School officials under Mayor Rahm Emanuel will raise property taxes for schools to the maximum allowed by law, yielding the cash-strapped system $41 million. The 1.5 percent increase should cost the average homeowner $28 a...
This story is actually from early April: According to a report issued today by Chicago Inspector General Joe Ferguson, a fluke of state law means that many neighboring business districts that collect an extra property tax to pay for security, advertising and the like...
Cook County Board President Toni Preckwinkle and Assessor Joe Berrios on Tuesday urged state lawmakers to give them more power to go after property owners who improperly claim tax breaks, saying they could recover more than $150 million in three years with the new...
We’re national news again. … Indiana’s debt for unfunded retiree health-care benefits, for example, amounts to just $81 per person. Neighboring Illinois’s accumulated obligations for the same benefit average $3,399 per person. Illinois is an...