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The Illinois Supreme Court considered a case Thursday that asks whether not-for-profit hospitals have to pay property taxes.
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A case scheduled to go before the Illinois Supreme Court this week is challenging the law that allows the state's not-for-profit hospitals to skip paying…
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Illinois school districts are increasingly relying on local taxpayers to invest in public schools. Illinois finance data show local taxes and school fees…
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The Illinois Supreme Court has invalidated a law that gave a property tax exemption to a Moline-based aviation company. The 6-1 decision declares the 2013…
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Lawmakers got a look at Gov. Bruce Rauner's school funding proposal today. As promised, the governor's plan gives every district the full amount of...
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Governor Bruce Rauner has proposed increased funding for elementary and secondary schools. But Democrats don't want to add money to a formula they say...
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Twenty years ago, Illinois adopted a school funding plan that relies heavily on local property taxes, leaving areas with low property values at the...
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Illinois' school funding formula relies heavily on property taxes, resulting in deep disparities in districts’ levels of spending. When the state school…
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Property owners living within the Peoria School District 150 will see a higher 2015 property tax bill. The School board approved a $71 million tax levy…
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A key piece of Chicago Mayor Rahm Emanuel’s plan to pay for pensions by raising property taxes in the city is advancing in the Illinois Statehouse. But…