The drop in revenue reflects an expected decrease in the state’s income tax. The temporary hike is scheduled to drop from its current 5 percent to 3.75 percent next January.
With spring training less than a month away, it’s time to begin reviewing the 2014 Cubs. I’ll begin with the most important piece of any team: the revenue side.
As Illinois continues to consider gambling expansion, Indiana is watching its casino revenue drop.
Drivers in Olympia Fields may want to watch where they park, to avoid becoming part of the south suburb’s answer to its budget crisis.
Chicago’s program to use cameras to catch speeders near schools and parks is not generating widespread support, according to a just-released poll.
City Hall has said it would activate fewer than 100 speed cameras around schools and parks to keep environments safe for kids. But one alderman fears that number could be larger — a lot larger.
Do red-light cameras prevent accidents or just generate money for city governments? 2 Investigator Pam Zekman reports.
A new report commissioned by Gov. Pat Quinn says the initial gambling expansion bill passed by lawmakers in May would bring in about $840 million less in new revenue than supporters have claimed.
The Northwest Indiana casino market, like that in all the Chicago area, continued to decline last month, with only Ameristar in East Chicago showing some increase in revenues.
The NFL players’ union and the NFL owners will continue, for the 13th day, to try and work out how to split the roughly $9 billion in annual revenues.
State revenue workers are still opening envelopes and counting the money from Illinois’ just-ended tax amnesty program – only the second in the state’s history.
The governor wants to raise $3 billion more a year by raising the state income tax by 1 percentage point.