Illinois quick hits: Tax receipts increase $1.5 billion year-over-year
Tax receipts increase $1.5 billion year-over-year
Citing a report by the Illinois Commission on Government Forecasting and Accountability, the National Federation of Independent Business says state tax collections through December are up more than $1.5 billion year-over-year from fiscal year 2025.
The report says personal income tax collections are up more than half a billion, sales tax collections are up $300 million and estate tax collections are up $174 million.
Corporate income tax collections, however, are down $183 million.
Gross corporate income tax revenues declined by $104 million last month compared with last December, a decrease of 11.0%.
Chicago community development grants announced
Chicago Mayor Brandon Johnson has announced $33 million in grants for community development projects.
The grants include millions for a gun violence prevention nonprofit, for a craft brewery, for the Little Village Chamber of Commerce and for a content production studio.
Johnson said Tuesday that the city could be “bracing for layoffs” this year due to the $16.7 billion budget passed by aldermen without the mayor’s proposed head tax on employers.
Wetland center reopening
The Illinois Department of Natural Resources is inviting the public to celebrate the reopening of the Henry N. Barkhausen Cache River Wetland Center at Cache River State Natural Area in southern Illinois.
On Saturday, Jan. 10 from 10 a.m. to 2 p.m., visitors can enjoy family-friendly environmental crafts, explore interactive community education and conservation booths, meet with local naturalists and environmental organizations, and explore self-guided winter hiking, biking and birding.
Mostly Sunny
Latest News Stories
Committee Approves $317K Guardrail Maintenance Contract Amid Discussion on Installation Dangers
Will County Approves Diamond Enterprise Zone Expansion to Support $355 Million Energy Investment
Federal Update: DHS Shutdown, War Powers, and Housing Legislation Dominate Washington
Will County Corporate Revenues Surpass Expectations, Igniting Debate Over Delinquent Tax Sales
Meeting Summary and Briefs: Will County Public Works and Transportation Committee for March 3, 2026
Will County Grants Extensions for Seven Solar and Commercial Projects Amid Permitting Delays
Monee Explores Federal and Regional Grants to Improve Village Walkability
Will County Committee Postpones Liquor, Ad-Hoc Committee: Gaming, and Tobacco Ordinance Updates Amid Extensive Revisions
Monee Approves Over $950,000 in Contractor Payouts for Road and Sidewalk Projects
Land Use Committee Approves 4.98-Megawatt Solar Facility on Eagle Lake Road Near Peotone
Will County Advances Nearly $1.5 Million in Right-of-Way and Improvement Agreements for Weber, Gougar, and Laraway Roads
Monee Trustees Push to Rezone Commercial Properties to Alleviate Red Tape for Homeowners
Public Works Committee: Approves $1.59 Million Contract for Scheer Road Bridge Replacement in Green Garden Township
Will County Board Backs $10 Million State Public Health Grant Increase Amid Funding Cuts
