Two years after Cook County implemented and hastily repealed a notorious tax on sugary drinks, Board President Toni Preckwinkle proposed a $6.18 billion budget that’s balanced.
Taxes
Sep 10, 2019 |
Talk of a possible city congestion tax is heating up. On Monday, the CEO of Uber said he supported the idea to help ease Chicago traffic and raise revenue. But how would it work, and could it drive away business?
Sep 5, 2019 |
In her “State of the City” speech last week, Chicago Mayor Lori Lightfoot said she wants to reduce traffic congestion in the city – and make money in the process. Could congestion pricing come to Chicago?
Sep 4, 2019 |
The battle over the massive $6 billion Lincoln Yards development is far from over. We discuss the controversial project with Aneel Chablani, chief counsel of the Chicago Lawyers’ Committee for Civil Rights, and 2nd Ward Ald. Brian Hopkins.
Aug 29, 2019 |
Watch the mayor’s full speech outlining “where we are, where we’ve come, and what we see as a path forward.” With commentary by our own Paris Schutz and Becky Vevea of WBEZ.
Jul 31, 2019 |
The city of Chicago could be in line for a giant windfall of tax revenue, just in time to face down a $700 million budget gap.
Jul 18, 2019 |
The CTA, Metra and Pace might be running a little more efficiently going forward. After a 10-year drought, Chicago’s public transit system is set to receive billions in state capital funding.
Jul 8, 2019 |
The city of Chicago saw a little more tax revenue than expected last year. That’s the sliver of good news in a new report that spells out the bleak long-term financial forecast.
Jul 3, 2019 |
Property taxes are on the rise in many parts of the city, and homeowners will soon get specifics on those hikes in the mail. See ward-by-ward changes for single-family homes across Chicago.
Jul 2, 2019 |
Mayor Lori Lightfoot has been upfront recently that city residents should expect to pay more in taxes to help fill persistent budget holes. One she’s eyeing? A tax on services.
Jul 1, 2019 |
If you filled up your gas tank Monday, you may have noticed it got pricier. What’s behind that bump, and what other new laws are going into effect at the start of Illinois’ new fiscal year.
Jun 26, 2019 |
Cook County property owners will soon be getting new property tax bills, and depending on where you live, you may see a steep increase. Cook County Assessor Frank Kaegi shares his road map.
Jun 3, 2019 |
Illinois could become a very different state, thanks to a bunch of measures legislators approved over the weekend. Here’s a rundown of budget bills and the new public works program.
May 27, 2019 |
Following a Memorial Day vote, Illinois voters will get a chance in 2020 to decide whether they want to fundamentally change the rules dictating how their income is taxed.
May 22, 2019 |
It’s her first week in office, but Mayor Lori Lightfoot doesn’t have time to waste when it comes to city finances. How can Chicago address its fiscal troubles?
May 21, 2019 |
Illinois’ legislative session in Springfield is scheduled to adjourn at the end of this month – and a lot remains unresolved.
