A recent study confirms what too many Illinoisans have discovered firsthand: that they’re among the most overburdened taxpayers in the country.
Tax increment financing creates elusive troves of property tax “gold” – by depleting funds from local governments the mechanism intends to serve.
The cocktail of excise taxes heaped onto the sale of alcoholic beverages hits Illinois liquor stores near the Indiana border.
Despite healthy jobs growth nationally, Illinoisans are desperate for work.
Efforts to add an Amtrak train stop in Lake Forest have been plagued by a series of setbacks for a project now estimated to cost more than $13.4 million.
“We are losing people at a ridiculous rate. That hurts us because then you may have some people who are here who have the skill set to fill jobs, but if half of those people have left the area then you have trouble maintaining that business here because then you don’t have enough people to...
Madison County voters have twice turned down a proposed sales-tax hike to fund school facilities projects, but the proposal will appear again on March primary ballots. If approved, shoppers in Collinsville and Granite City would see some of the highest sales tax rates in the country.
Despite residents seeing some of the highest property tax bills in the state, the Wheeling Board of Trustees approved a preliminary agreement giving a developer nearly $7 million to build apartments and retail space in the village.
“We searched for a house for about a year. We looked at horrible houses, but we were willing to do the work to build the house into something. This house was a disaster. We did a lot of renovations. We did the whole house. “We invested a lot into the house, and we enjoyed it...
If Illinois adopted Virginia’s spending habits along with policies that can reduce costs and raise home values, the Prairie State could vastly reduce the property tax burden that Illinois homeowners currently face.
House Bill 5816 would put all Rock Island County property taxpayers on the hook for costs at the Quad City International Airport.
An investigation in December 2017 found that a convention for municipalities and public agencies ran taxpayers nearly $120,000 in exhibition and hospitality costs. A proposal making its way through the General Assembly would bar state funds from contributing to these excesses.