Revenue Policy

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.

Issue Brief: Recent Lottery/School Funding Proposal

Release: June 7, 2006

CTBA’s analysis of the 2006 proposed sale or lease of the State of Illinois Lottery to generate revenue for funding K-12 education.