illinois policy institute

“Consider this a call, Mr. President. I’m calling on you to invest in building more affordable homes across this country. I’m calling on you to respond to the needs of people who cannot afford grocery and gas,” the mayor said. #trump #chicagomayor #centersquare

Attorneys review Chicago Teachers Union audits following congressional request (via The Center Square) – The Chicago Teachers Union says it has #ctu #teachers #audits

The alternative budget also includes a roughly $1 billion sweep of tax-increment-financing dollars to Chicago Public Schools. #chicago #budget #thecentersquare

The Illinois Policy Institute found that state government spending on higher education in Illinois increased over $2 billion as enrollment dropped by more than 106,000 students between 2009 and 2024. #colleges

The tax rate went up to 8.65% on July 1 with the start of the new fiscal year. #taxes

McLaughlin said it’s not just smaller cities in Illinois seeing people leave, Chicago also lost more than 27,000 residents in 2024 compared to April 2020 levels. #population

Revenue generated from motor fuel taxes is primarily dedicated to funding transportation-related infrastructure, but Ravi Mishra, policy analyst with the Illinois Policy Institute, said Illinoisans are not getting their money’s worth. #gas

Higher fees hurt Illinois residents who are already facing some of the highest property taxes in the nation, according to Hill. #gastax #grocerytax

In March, Illinois generated $135 million from legal cannabis sales as the state implemented a tax rate of 25% of the purchase price of marijuana. In 2022, Illinois generated $445 million in tax revenue from legal cannabis sales.