CHICAGO (AP)–A University of Illinois administrator told the board of trustees that the school could lose about $70 million in state funding if the state income-tax increase passed in 2011 isn’t extended.
Posts Tagged ‘Tax Increase’
A proposed five cent increase in the street light levy by Knoxville aldermen did not sit well with some residents.
SPRINGFIELD, Ill. (AP) — Illinois’ powerful House speaker says a vote on Democrats’ 2015 budget will help build support for an extension of the state’s temporary income tax increase.
PALATINE, Ill. (AP) — A northern Illinois fire district plans to sell advertising on its firetrucks and ambulances in order to raise money.
If a tax increase of any sort was on the ballot in yesterday’s primary election, it more than likely was rejected.
Voters in Knox County said “no” to a quarter-percent sales tax increase for public safety purposes by about a three-to-one margin. The proceeds would have helped pay for the 911 system in the county according to Sheriff David Clague — he says the system desperately needs upgrades. As it stands now, Clague says he doesn’t know if the 911 system will continue to operate as-is.