Tuesday, Jul 22, 2014
Quincy, IL News - QuincyJournal.com
Trending on the Journal

Recent Comments

CoolEdge - REBEL MEDIA: You\'re a grand old flag - Quincy, IL News - QuincyJournal.com
Were you there after Katrina or some other hurricane? That was a rather unique situation, and many of those billions got poured into the wrong pockets. (and any comparison to the war and famine of Somalia is absurd) That is the problem with throwing ever more billions into education or welfare or any top down political solution. There are always many lined up for political payback, and another…
pjohnf - Amending Illinois Constitution a tough path for pension reform - Quincy, IL News - QuincyJournal.com
Just because it's going to be hard to get done doesn't mean it shouldn't be attempted. Anything worth doing is going to be hard. The politicians need to stop worrying about their political futures and concentrate on doing what's right for Illinois and its citizens. Illinois politicians need to take care of the tax payers and quit kowtowing to government sector unions.
pjohnf - Quinn, Rauner use jobs claims as campaign weapons - Quincy, IL News - QuincyJournal.com
Governments or Governors don't create jobs, they can only create an atmosphere for private sector job growth. That means a low tax rate for businesses and less onerous regulations for businesses. The one good thing I saw was a decline in government jobs which is good thing. The unemployment rate is a bogus number as it doesn't truly reflect how many people are really working. What we need…
CoolEdge - REBEL MEDIA: You\'re a grand old flag - Quincy, IL News - QuincyJournal.com
thanks for the link Not sure why it doesn't come right up with Google. I have to put "qteaparty.com " in for Google to bring it up. Just Qteaparty works for Bing, or even "quincy tea party". Anyway, maybe everyone here can do the search on Google, so the name will start coming up more easily on Google. I'll make it to a meeting one day ... looks like you've had good speakers, but…
AYHSMB - REBEL MEDIA: You\'re a grand old flag - Quincy, IL News - QuincyJournal.com
If you really think about it, the government must want it this way, otherwise, they would try to change it. Anyway, if you read the comment section of eaglebeaky's post, and mine, you'll see there is much disagreement on how the numbers and stats are figured.

Most Popular

Intimidation from Durbin?

Quinn anti-violence spending didn’t pull big votes

Woman dies after SUV and motorcycle collide

48th Street project no longer in the Adams County Board's control

Armed Robbers at Large in Quincy Updated

Middleton Runs Out of Appeals

LES MISERABLES Guest Artist to star in Autism Speaks benefit

Bickhaus named to Mercantile Bank Board

Illinois property tax levies up $4.8 billion since 2005

1 year, 7 months ago by Bob Gough

When the state isn't sharing its revenues with the local governments, local governments have to find revenue elsewhere or make cuts

From dailyherald.com:

Statewide, 2010 property tax levies were up nearly $4.8 billion above 2005 figures.

“I know Illinois is in trouble financially and there's been a lot of talk about restraint, but a $5 billion increase doesn't sound like restraint,” said Don Boyd, co-executive director of the New York-based State Budget Crisis Task Force that recently produced a report on Illinois' ongoing financial struggles.

A Daily Herald analysis of Illinois Department of Revenue reports from 2010 and 2005 shows that 300 suburban school districts in six counties plus Chicago Public Schools accounted for most of the property tax increase. The school districts levied $2.2 billion more in 2010 than they received in 2005, with Cook County's 152 school districts responsible for more than $1 billion of the increase.

The state's reports show Chicago and suburban municipalities increased property taxes by nearly $800 million over the same time period. Townships collected $60 million more, while the six county governments combined to increase their collective levy by almost $90 million more than 2005's take. Libraries, parks, fire districts and other specialty taxing agencies increased taxes by more than $365 million in 2010.

Most tax experts point to rising pension obligations and contractually mandated personnel costs as the chief cause for the property tax levy hikes.

Click here for more.


From the Newsroom

QuincyJournal on Twitter

QuincyJournal 1 hour, 55 minutes ago

Adams Co. Real Estate transfers from July 14 to July 18 - From the County Clerk/Recorder's office http://t.co/nJsI2U6oh6
QuincyJournal on Twitter

QuincyJournal 1 hour, 55 minutes ago

8th and Vermont gets its traffic lights back - Council votes to turn signals back on http://t.co/Uay0tKizoe
QuincyJournal on Twitter

QuincyJournal 4 hours, 2 minutes ago

Quinn anti-violence spending didnt pull big votes - 2010 NRI program under investigation http://t.co/pluh5vzAbu
QuincyJournal on Twitter

QuincyJournal 4 hours, 2 minutes ago

1st annual Dog Days of Summer July 26 at Quincy Mall http://t.co/P8qgwAzcA4