CHICAGO — Illinois collected $3.4 billion more in base revenue during fiscal 2011 than the previous year thanks mostly to an income tax hike approved midway through the year and aided by a recovering economy, according to a new report from the state's nonpartisan legislative commission.
Illinois Shows Marked Revenue Improvement
Ask the Experts is an educational video series, hosted by The Bond Buyer and Municipal Finance Today, that features an engaging Q&A with commercial banking industry professionals. This series, sponsored by Bank of America Merrill Lynch, addresses today's most talked-about commercial banking topics, including emergency preparedness, fraud prevention, and creating financially and environmentally sustainable opportunities.
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