Illinois’ comeback story starts here.

School district sues Mount Prospect, Ill., over TIF

School district sues Mount Prospect, Ill., over TIF

The case against Mount Prospect, Ill., shows how tax increment financing districts siphon tax money from school districts and other taxing bodies, and diverts needed resources and puts pressure on taxpayers to make up the difference.

By Chris Lentino

Cook County Sheriff sends out 110 layoff notices as soda tax remains on hold

Cook County Sheriff sends out 110 layoff notices as soda tax remains on hold

An Illinois appeals court upheld a temporary restraining order on Cook County’s proposed sweetened beverage tax. The Cook County sheriff’s office has sent out 110 layoff notices, citing the soda tax holdup. These layoffs come on top of 300 county worker layoffs. Cook County officials claim at least 1,100 jobs will be lost if the tax does not go into effect.

By Marianna Schmiesing