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Chicago’s financial forecast is clouded by a $982.4 million budget deficit, and Mayor Brandon Johnson's proposed $300 million property tax hike has stirred up a storm of discontent with council ...
The Illinois Independent Tax Tribunal (IITA) is an independent State of Illinois agency that creates a forum of original jurisdiction for the initial appeal of back-tax determinations made by the Illinois Department of Revenue (IDOR), the chief tax-collecting agency of Illinois.
She even showed CBS News Chicago reporters proof of her tax payments. It’s been a long-standing issue for McElroy — one she thought she had cleared up in 2019.
The Civic Federation is a Chicago-based non-partisan research organization focused on governments in the Chicago area and the state of Illinois. The Civic Federation's mission is to help local and state governments reduce their costs and improve public services by "Promoting opportunities to reform local tax structures; guarding against wasteful expenditure of public funds; and serving as a ...
The Metropolitan Pier and Exposition Authority, commonly known as MPEA or McPier, [1] [2] is a corporation that owns Navy Pier and McCormick Place in Chicago.It also manages the city's collection of taxes for vehicles picking up passengers (including limousines, buses, airport shuttles, taxicabs and Uber/Lyft) for O'Hare International Airport and Midway International Airport.
For the 2024 tax year, the property would be assessed at the 10% rate, resulting in a tax bill of $3.6 million, according to the proposal. Both figures would be a big cut from taxes currently ...
A. Finkl & Sons Steel operated a mill along a roughly 22-acre lot along the eastern portion of the Chicago River in the Lincoln Park neighborhood from 1902 until it was demolished in 2012. [2] The Lincoln Park location was Chicago's oldest steel mill. [3] In 2006, it bought the site of the former Verson Steel on Chicago's South Side. [4]
Chicago is traditionally divided into the three "sides" of the North Side, West Side, and South Side by the Chicago River. These three sides are represented by the white stripes on the Flag of Chicago. [12] The city is also divided into 50 wards for the purpose of electing one alderman each to the Chicago City Council. These wards have at times ...