Category Archives: Referendums
Illinois Home Values down 21% and Property Taxes Up 7 % Since 2007
Illinois homeowners still have yet to recover much of the home value they lost after the housing market crash. But that hasn’t stopped those homeowners’ property tax bills from climbing. Average home prices in Illinois are still 21% lower today … Continue reading
The Cost Of Even Parking In Illinois Is Going Up As Well As A New Government Tax Scheme on Purchases—-Car Dealers and Purchasers Will Feel Tax Pain
Did you know pursuant to a bill passed on the last day of the legislative session, the first $10,000 of trade-in value will go untaxed. After that, every dollar of trade-in value would be applied to the purchase price of … Continue reading
Norridge Taxpayers Need To Repeal Home Rule To Curtail Out Of Control Taxation by Village Government
As Norridge Improvement Party regime leader James Chmura flees from being Village President effective June 30th, he has proposed a Village property tax levy for 2020 of $2.1 million. That’s a 32% increase from 2019’s $1.6 million, which itself was a 35% increase over … Continue reading
Gas Tax Increase to Anger Illinoisans This Summer
Expect the doubling of Illinois gas taxes to anger Illinoisans this summer. The state’s motor fuel tax on July 1 will increase to 38 cents per gallon from 19 cents currently. The state says the tax, which has not been … Continue reading
Pritzker Plumbing Under Federal Investigation, Leaves New Tax Plans in Doubt
Since we live in the United States, all of us are supposed to be innocent until proven guilty. If Illinois has another governor go to prison, that will really increase our branding problem. Illinois Gov. J.B. Pritzker, his wife and … Continue reading
Local Governments’ Alarming Capital Spending Ratios — Strong Towns
There are many ways for state and local governments to run hidden deficits, one of which is deferred maintenance. But it turns out there is a way to measure the extent to which local governments kick the maintenance can down … Continue reading →