Search results
Results from the WOW.Com Content Network
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.
(The Center Square) – The Chicago City Council on Monday approved a new budget without a property-tax increase, but many aldermen say the mayor still needs to cut spending. The council voted 27 ...
However, the city of Chicago has a long history of budget deficits. In 2023, the city projected a $538 million dollar deficit, nearly half of the projected shortfall for 2025.
California has the highest base sales tax rate, 7.25%. Including county and city sales taxes, the highest total sales tax as of September 1, 2013, was in Arab, Alabama, 13.50%. [2] Sales tax is calculated by multiplying the purchase price by the applicable tax rate. The seller collects it at the time of the sale.
CHICAGO — Mayor Brandon Johnson eked out a victory Monday with the narrow passage of a $17.3 billion municipal budget plan that does not raise property taxes. The 27-23 vote came just weeks ...
Chicago and its suburbs is home to 35 Fortune 500 companies and is a transportation and distribution center. Manufacturing, printing, publishing, insurance, transportation, financial trading and services, and food processing also play major roles in the city's economy.
In Chicago, the rate increased to 10.25 percent, the steepest nominal rate of any major metropolitan area in America. In Evanston, sales tax reached 10 percent and Oak Lawn residents pay 9.5 percent. [30] On July 22, 2008, the Cook County board voted against Cook County Commissioner's proposal to repeal the tax increase. [31]
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 ...