Mayor Says Urbana Will Have To Cut $2.5 Million Over Five Years
The Mayor of Urbana says the city has some tough financial decisions to make in the coming years.
All articles tagged Property Taxes
Rauner Lobbies For 2nd Amazon HQ During Overseas Trip To China, Japan
Gov. Bruce Rauner said he has personally reached out to Amazon executives in hopes of convincing the online retail giant to select Illinois for its second headquarters.
Hospital Tax Exemptions Still In Place, As High Court Sends Carle Case Back To Circuit Court
The long-running legal fight between the Carle Foundation and Urbana and other local governments over hospital tax exemptions will last a little longer.
The Illinois Supreme Court ruled Thursday that an appellate court that ruled against current state law on the exemptions lacked the jurisdiction to do so. The high court sent the case back to circuit court. And for now at least, the 2012 state law defining how much charity work a hospital must provide to earn a tax exemption stays in place.
Illinois Issues: The Real Chilling Effect Of A Property Tax Freeze
At first blush, Gov. Bruce Rauner's property tax freeze seems like a great idea. What homeowner wouldn't want to know the next tax bill will never, ever be larger than the last one? But, Charlie Wheeler says there are serious consequences to the governor's proposal.
State Senators Could Vote On “Grand Bargain” Today
Members of the Illinois Senate return to Springfield Tuesday. They’re once again expected to vote on a deal meant to end Illinois’ budget stalemate.