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City budget hearings are underway. A panel of aldermen joins us with their take on the city budget and Chicago’s long-term fiscal health.

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Mayor Rahm Emanuel says city finances are finally “back on track” after years of fiscal uncertainty and poor credit ratings. But does the claim hold true? 

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Some fee hikes and tax relief in the upcoming city budget. Mayor Rahm Emanuel is promising tax relief for homeowners as part of his 2018 city budget proposal.

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Exactly how much more money can Chicago homeowners expect to pay to fund Chicago teacher pensions?

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Chicago residents should expect to pay about 10 percent more in property taxes. 

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Cook County Assessor Joseph Berrios

Cook County Assessor Joseph Berrios is pushing back on a series of reports by the Chicago Tribune questioning the accuracy and fairness of his office.

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An extensive Chicago Tribune investigation claims the county’s property tax system favors the rich over the poor. The Tribune reporter and a representative from the Cook County Assessor’s Office join us in discussion.

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The owners of tens of thousands of homes and properties in Cook County who’ve fallen behind on their taxes have only a couple more days to settle their debts – or they could wind up paying a lot more.

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(©2017 Darris Lee Harris)

Thousands of people moved out of the city and state over the past three years. Two former Illinois residents weigh in on their decisions, while another wrestles with the idea of packing his bags for good.

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The deadline for Chicago homeowners to apply for a property tax rebate has been extended to the end of the year, city officials announced Monday.    

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The $8.2 billion spending plan doesn’t contain nearly as much pain for city taxpayers as last year’s budget, but grocery shopping could get a bit more expensive.

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Is the fiscal tide finally turning for Chicago? The mayor lays out the coming year's spending plan.

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The debate over water and sewer taxes is over in Chicago: they are going to go up. But what do aldermen want to do about driverless cars in Chicago? The latest from Wednesday's meeting.

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Aldermen are set to vote to raise water taxes by 30 percent to fix city pensions. But new analysis shows it won't be nearly enough, and that has some council members saying they were duped by the mayor.

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Analysis from the Chicago Sun-Times shows that thousands of Cook County residents do not pay anything in property taxes. (Colin J Bird / Wikimedia Commons)

Are some wealthy residents of Cook County taking advantage of laws meant for the most vulnerable? We discuss the issue with a Chicago Sun-Times watchdog.

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Most Chicago homeowners–with the exception of some 18 aldermen–are facing property tax increases and the prospect of more to come. Will the tax hikes dampen home sales?

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