The Illinois Policy Institute is proposing a budget conservative group leaders contend would put an end to the state’s nearly two-year impasse, closing a $7.1 billion deficit without adding any new taxes.
Property owners in Illinois are the hardest hit in the nation when it comes to taxes. And the property tax burden coupled with falling home values is crippling homeowners and leading many Illinois families to deduce that buying a home in Illinois just isn’t worth it.
On June 20, 2016, Jamie and Adnrew Given purchased a four bedroom, 2.5 bathroom home at 3057 Mary Kay Lane, Glenview from Marc Perlove (trustee), Marlene D. Perlove (trustee) and Perlove (trust) for $521,000.
Several Illinois legislators have responded to the House’s latest capitulation to longtime Speaker Mike Madigan (D-Chicago), decrying the body’s utter lack of independence or apparent motivation to value representation of home jurisdictions over the speaker’s sway.
Following Gov. Bruce Rauner’s recent State of the State address in Springfield, major news organizations observed the highlights and takeaways as he reiterated remarks on continuing budget gridlock while simultaneously calling for compromise and reform.
State Attorney General Lisa Madigan filed a motion yesterday asking the court to dissolve the preliminary injunction that ordered state worker paychecks to continue while the Illinois budget was at an impasse.