Tax Revenue

Gov. Bruce Rauner presents his budget address to the Illinois General Assembly in Springfield, Illinois, on Feb. 18, 2015. (Credit: CBS)

Mayors Call On Rauner To Rethink Plan To Cut Local Government Revenue

Mayors in the Chicago area were none-too-pleased when Gov. Bruce Rauner proposed cutting in half the amount of income tax revenue the state sends to municipal governments in Illinois, and they’re teaming up to let him know.

03/03/2015

City Hall

Quinn, Emanuel Still At Odds Over Pension Reform

Gov. Pat Quinn’s offer to give cities a bigger cut of income tax revenues to help with pension debts without raising property taxes met with a lukewarm reception from the Emanuel administration.

04/29/2014

Gasoline pump. (Credit: Miguel Gutierrez/Getty Images)

State Cracking Down On Gas Stations That Cheat On Sales Taxes

Feeling hosed at the gas pump? So is the State of Illinois. Multiple agencies are finally starting to reap the rewards of a multi-year investigation targeting gas station owners who withhold sales tax revenue.

CBS 2–10/10/2012

U.S. Cellular Field

Mayor Upset City Taxpayers Had To Help Foot Bill For Stadium Renovations

Mayor Rahm Emanuel is expressing concern after the city had to make up a $1.1 million dollar shortfall in tax revenue for renovations at U.S. Cellular Field and Soldier Field.

CBS Chicago–12/01/2011

(Credit: Illinois Department Of Revenue)

Illinois Tax Revenues On Par With Expectations

The state brought in about as much money as expected over the last fiscal year, thanks in part to personal and corporate income tax increases.

WBBM Newsradio–07/28/2011