Revenue Policy

Released 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.

Released October 10, 2006

An overview fiscal systems in general and the of the Illinois' fiscal system.

Released January 31, 2007

An overview and chart of revenue options for Illinois.

Released March 6, 2007

A Fact Sheet on the Gross Receipts Tax, which in general is a broad-based, low rate tax imposed on all income received by a business without any deductions for costs of doing business.

Released April 4, 2007

Answers to frequently asked questions about Illinois' fiscal system

Released April 17, 2007

Written supplement to oral testimony provided to the House Revenue Committee during its April 2007 subject matter hearing on tax fairness.

Released 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.

Released July 16, 2007

An overview and charts of the potential revenue options for Illinois, and what that revenue could be used for.

Released January 23, 2008

This Issue Brief explains how Illinois' tax system is unfair, and how it can be improved.

Released July 2, 2009

This Issue Brief explains why increased revenue is needed to address Illinois' budget deficits.

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