Revenue Policy

Cook County's Budget: Long-Term Imbalance Leads to New Pain for Vulnerable Residents

Release: November 14, 2017

On October 11, 2017, the Cook County Board of Commissioners voted to repeal a penny-per-ounce tax on sweetened beverages. The FY2018 budget presented by Cook County Board President Toni Preckwinkle had relied on the sweetened beverage tax to cover just over $200 million of the county's projected expenditures on services.

UPDATED: Illinois Property Taxes

Release: May 14, 2015

This Issue Brief is an update to a 2007 Brief, and provides an overview of who pays property taxes in Illinois, the steps in the property tax cycle, and what property tax revenue is used for. 

Issue Brief: Illinois Property Taxes

Release: November 29, 2007

This Issue Brief provides an overview of who pays property taxes in Illinois, the steps in the property tax cycle, and what property tax revenue is used for.