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Matteson Star in Matteson, Illinois

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Matteson Star

Location

Matteson, Illinois, United States of America

Date

Jan 03, 1999

Page

3

Illinois tax overhaul urged after nine month study

Gov elect George Ryan and the General Assembly receive a 25 page report from Gov. Edgar's Commission on Property Tax Reform. They call for a broad overhaul of taxes, noting an income tax swap for schools will fail without reform. Key figures Bert Docter and Tim Bramlet emphasize ongoing work and sharing findings with lawmakers and county officials. The report highlights Illinois reliance on property taxes, two tier Chicago Cook County structure, and the need to address barriers to a fair tax swap.

Springfield Jim Edgar Commission On George Ryan General Assembly Illinois Chicago Southland Chamber of Commerce Bert Docter South Holland Taxpayers’ Federation of Illinois Tim Bramlet Christine Radogne LaGrange Illinois General Assem Bly Cook County Docter

Illinois tax swap for schools would worsen funding disparity

Springfield study concludes an income tax for property tax swap cannot be adopted without overhauling Illinois tax system. It warns such a swap would widen funding gaps among regions, especially hurting areas like the South Suburbs, and urges broader reform and revenue options. It notes 6,000 taxing bodies complicate school and local finance.

South Suburbs Need More Property Tax Reform in Illinois

The Governor's Commission on Property Tax Reform states the South Suburbs face greater need for reform than other areas. It notes high tax rates and a declining base in Cook County, with $18 per $100 assessed value in some suburbs, and outlines eight principles for any statewide overhaul while discussing school funding and local property tax shares. The Chicago Southland Chamber of Commerce backs a school funding swap proposal, proposing a 50 percent cut in education funding through property taxes.

Illinois Commission Cook County Springfield Chicago Southland Chamber of Commerce Chamber George Ryan Bert Docter

Also Mentioned on This Page

Statehouse News Service Jim Houlihan Chicago Southland Chamber Bramlet Edgar Chicago James Houlihan Commission On Property Tax Reform Automotive News Santa Claus Phillips Chevrolet Frankfort Elim Christian School Santa Christina the Breakers Olympia Fields Architec Ture and Beautiful the Kers Yuma Held Vollmer Road
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