Bensenville asking voters about grocery tax; what’s your town’s plan?
Bensenville asking voters about grocery tax; what’s your town’s plan?
Voters near O’Hare International Airport will have a chance to weigh in on whether to keep or cut the 1% grocery tax. The statewide tax ends in 2026, but nearly 50 communities have already passed their own 1% grocery tax.
By Dylan Sharkey
Chicago leaders hand $40K in debt to each taxpayer, second-worst in U.S.
Chicago leaders hand $40K in debt to each taxpayer, second-worst in U.S.
Each Chicago taxpayer is on the hook for $40,600 in city debt today, the second most among major U.S. cities. Add in the debt Illinois state leaders grew last year, and Chicago taxpayers owe nearly $80,000.
By Patrick Andriesen
Lawmakers push for more transparency on Illinois State Board of Education spending
Lawmakers push for more transparency on Illinois State Board of Education spending
House Bill 2574 aims to empower parents and taxpayers with more access to information about the Illinois State Board of Education’s spending.
By Hannah Schmid
March Madness means $400 million in bets from Illinoisans
March Madness means $400 million in bets from Illinoisans
Illinoisans will wager roughly $400M during March Madness based on last year’s numbers. Sportsbooks in Illinois will also be paying a higher tax than ever before.
By Dylan Sharkey
Illinois again considers taxing drivers per mile
Illinois again considers taxing drivers per mile
There’s another push in Springfield to tax motorists by the mile. Illinoisans already pay the second-highest gas taxes in the nation behind only California.
By Dylan Sharkey
Illinois might pay for Bears’ stadium – if they have winning seasons
Illinois might pay for Bears’ stadium – if they have winning seasons
A new bill in Springfield would require the Chicago Bears and other teams to have a few winning seasons before they can expect taxpayer help for stadiums.
By Dylan Sharkey
Report: Illinoisans pay nation’s highest combined state, local taxes
Report: Illinoisans pay nation’s highest combined state, local taxes
Illinois families will pay the highest combined state and local tax burden in the nation this year on the median U.S. income. That’s $13,099, which will consume more than 16.5% of their money.
By Patrick Andriesen
Illinois’ emergency reserves lowest in nation
Illinois’ emergency reserves lowest in nation
Illinois is dead last of the 50 states in its ability to handle a financial crisis. It couldn’t last a month. The rainy-day fund that should be its primary reserve, and that Gov. J.B. Pritzker lauded himself for refilling, could barely cover two weeks.
By Bryce Hill
Pritzker’s $1.5B wish for cash quickly vanishes
Pritzker’s $1.5B wish for cash quickly vanishes
The latest forecast from the Illinois General Assembly estimates Illinois will have $737 million to $1.2 billion less in revenue than Gov. J.B. Pritzker hopes to spend.
By Bryce Hill
Pritzker pushes $13B pension benefit hike in his budget
Pritzker pushes $13B pension benefit hike in his budget
Newer state employees would get a $13 billion pension benefit boost if Gov. J.B. Pritzker’s fiscal year 2026 budget proposal passes. What should be a minor fix is being used to create an even bigger Illinois pension mess.
By Bryce Hill
Chicago mayor adds 50 speed cameras to put $11.4M in his budget
Chicago mayor adds 50 speed cameras to put $11.4M in his budget
Chicago Mayor Brandon Johnson plans to add 50 new speed cameras to city streets during the coming year to add $11.4 million from fines and fees to his deficit budget.
By Patrick Andriesen
Half of states let cities declare bankruptcy. Here’s why Illinois might want to.
Half of states let cities declare bankruptcy. Here’s why Illinois might want to.
Illinois has some of the highest property taxes in the country. Chapter 9 would allow local governments to address the root cause.
By Lilly Rossi