The city's budget for fiscal year 2019 was accompanied by increases in sales and telecom taxes. But local officials still anticipate a deficit.
“We’re a Navy family. One of the things Navy families do is move frequently. When we bought this place, we intended on staying in it at least until we retired and moved back down south to Mississippi, which was always in the cards. “We worry about the value of course four, five years down the...
The Quad Cities are a case study in how the Land of Lincoln is lagging behind its neighbors.
Village officials are trying to control expenses by cutting staff as growing pension costs continue to gobble up local tax dollars.
“I’ve had about 17 years of buying and selling homes. “There’s some good deals here. I’ve looked at some pretty big properties here. But the bigger commercial pieces are cheap because the taxes are high. “We’re actively trying to buy more commercial property, and the realtors say ‘go ahead and pass [the property taxes] on...
For the last four decades, millions of government workers across the nation have faced an unfair decision: Pay fees to a union, or lose your job. But Janus v. AFSCME could restore government workers' constitutional rights to freedom of speech and association.
Sangamon County billed homeowners $215 million in 2017. This meant owners of a $127,000 Springfield home had a $2,600 property tax bill.
Residents in Madison and St. Clair counties find themselves fleeced by lawmakers' failure to control state finances.
A joint service agreement between two fire departments could save Lake Bluff more than $500,000 over five years, once fully implemented. The plan would be a welcome change of pace for residents, as Lake County homeowners pay some of the highest property taxes in the nation.
After passing an unbalanced budget in 2017, Decatur will have to address its declining population and revenue as it looks ahead to crafting future budgets.
The worst years of the Great Recession are in the rear view. But if the latest gloomy fiscal forecast is any indication, Illinois' persistent policy mistakes will drag down its economic performance well into the future.
A new study confirms Cook County's broken property tax assessment system causes owners of lower-value homes to bear a disproportionate share of the tax burden.