| Center for Tax and Budget Accountability

Reports

The Cost of a Two-Year Property Tax Freeze For Illinois Schools: Up to $830 Million

Release: June 23, 2017

Governor Bruce Rauner has made a property tax freeze a centerpiece of his demands for a full state budget, and the Illinois Senate passed a bill (SB484) that would enact a two-year freeze in May. But such a freeze, without provision for replacement revenue from the state, would effectively be a massive funding cut for K-12 education in Illinois.

Property Tax, K-12 Education, Education Funding

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.

Property Tax, Cook County, K-12 Education

"For Each and Every Child"

Release: August 12, 2013

Ralph Martire's presentation on national education reform and the the federal Equity and Excellence Commission's report presented at the National Conference of State Legislators in Atlanta, GA.

Equity and Excellence, Education Funding Reform, State Spending, Federal Spending, Property Tax, Deficit, K-12 Education

House Bill 174, 96th General Assembly

Release: May 7, 2010

Fact Sheets and Report on House Bill 174 of the 96th General Assembly. This tax reform bill would have implemented a number of changes to Illinois' tax structure including tax increases of the personal and corporate income taxes. Thus, generating new revenue for the state.

96th General Assembly, Sales Tax, Personal Income Tax, EITC, Property Tax, Education Funding, State Budget