Property taxes

Illinois freed up $500 million in capital funding for a University of Illinois research center that will anchor the development.

A special commission issued a series of recommendations to simplify a system that provides the city one-third of its revenue. Albany, though, must sign off.

The Winona County Board of Commissioners approved the county's 2020 property tax levy Friday, though not without some disagreement about the increase.

The Chicago Civic Federation supports the proposed budget despite worries

Officials of the art museum say the effects of Detroit's bankruptcy have impeded their efforts to build the endowment they had envisioned.

Though the market may view Chicago's budget as heading in the right direction, relying on the state is a gamble that's a concern for aldermen, too.

Nearly two in three finance officers in large cities predict a recession in the next year or two.

Mismanagement of real-property related taxes may be shortchanging an MTA revenue stream, said city Comptroller Scott Stringer.

The ruling on tax assessments orders Philadelphia to repay $48 million, with $34 million coming from the school district.

The lawsuits were filed a day after 11 Democrats in the Senate and a bipartisan group of 47 House lawmakers announced a long-shot effort to repeal the regulation using the Congressional Review Act.