Budget + Tax
Mayor Johnson’s record-setting $1 billion TIF surplus highlights issues and abuse of Chicago’s Tax Increment Financing districts.
Chicago Tax Increment Finance “surpluses” have increased more than ninefold in the past decade. Chicago Mayor Brandon Johnson unveiled his plan to close Chicago’s $1.15 billion budget shortfall for 2026 on October 16. Among the mayor’s…
What you need to know about Illinois’ candy tax
Illinois’ candy tax doesn’t apply to any treats made with flour. Kit Kat, Twix and Snickers…
Budget cap could have saved Chicago $600M
Chicago’s budget has grown much faster than inflation, leaving taxpayers to endure higher…
Using Microsoft, Salesforce, ChatGPT will cost more…
Microsoft, Salesforce, ChatGPT, Amazon Web Services and Zoom would all come with higher…
Johnson’s “Protecting Chicago” budget proposes nearly…
Chicago Mayor Brandon Johnson describes the 2026 budget as “Protecting Chicago,” but his plan…
Pritzker absolutely opposed to Johnson’s Chicago corporate “head tax”
Gov. J.B. Pritzker told the Chicago Economic Club Oct. 21 that he absolutely opposes Mayor Brandon Johnson’s plan to revive the corporate “head tax” as part of his new budget proposal. Gov. J.B. Pritzker told members of the Chicago…
Illinois SNAP errors could cost taxpayers up to $700…
Illinois risks millions in penalties under new federal law because of errors in determining…
Chicago Mayor Brandon Johnson proposes $21 per employee…
Chicago Mayor Brandon Johnson proposed a $21-per-employee monthly tax on large companies to…
Lawmakers push DoorDash, Uber Eats delivery tax…
Lawmakers may approve a statewide delivery tax on Doordash and Uber Eats to fund Chicago…
CTA proposes first fare hike in seven years: here’s by…
The Chicago Transit Authority’s 2026 budget includes scenarios dependent on state funding…
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