Savanna, on Tuesday, said the true reason Gov. J.B. Pritzker (D) issued an executive order directing offices to slash the ...

TCR spoke to fiscal, education and policy experts to understand options that go from creating new revenue sources from scratch to reforming existing ones Property taxes are a recurring topic in ...

The Sports Betting Alliance is sounding the alarm over a proposed per-bet tax in Chicago. That per-bet tax would be in addition to the one imposed by Illinois lawmakers in July. The state per-bet tax ...

The Prairie State’s online and retail sportsbooks generated $862.5 million in wagers and operators paid out over $5 million ...

The three annual budgets Illinois lawmakers approved following the start of the pandemic had general fund spending increases ...

Gov. JB Pritzker (D-IL) told state agencies to find 4% in cuts due to less funding coming to Illinois from the federal government. Pritzker signed an executive order on Tuesday requiring agencies to ...

The Illinois Gaming Board reported $5.2 million in tax receipts from its wager surcharge for July on Thursday, the first month it had been in effect.

Some municipalities have decided to keep the tax in place at the municipal level, on the grounds that they need the revenue.

Lawmakers raise online sports gambling tax from 15% to as high as 40%, tying state budget to Illinoisans gambling, and losing ...

Northbrook Village Board has passed a 1% grocery tax rather than lose $1.8 million in revenue, a trustee said. It takes effect Jan. 1.

New taxes on Uber, automatic property tax hikes and higher liquor taxes are all being pushed as Chicago leaders seek to spend ...

Illinois agencies must identify spending reductions and create reserves in their budgets to prepare for an economic downturn, according to an executive order issued Tuesday by Gov. JB Pritzker.