Expert: Possible Thompson Center Sale Is Small, Positive Sign
The move by Illinois House Speaker Michael Madigan to advance the possible sale of the Thompson Center is a positive sign, according to the head of the Civic Federation.
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The move by Illinois House Speaker Michael Madigan to advance the possible sale of the Thompson Center is a positive sign, according to the head of the Civic Federation.
A leading government financial watchdog has said Mayor Rahm Emanuel gave the City Council a "good news budget," but said there are still some open questions about the 2017 spending plan.
A budget watchdog group has criticized Gov. Bruce Rauner's spending plan for this year as being underfunded and unrealistic.
After eight months of operating without a budget, tomorrow Governor Rauner outlines his state spending plan for next year.
A research group has offered a laundry list of suggestions to help pull Illinois government out of its financial mess.
A respected financial watchdog group has thrown its support behind Mayor Rahm Emanuel's budget plan, but it comes with a warning.
A top Chicago city official agrees with budget experts that a possible property tax hike alone will not end the city's financial crisis, reports WBBM Political Editor Craig Dellimore.
Mayor Rahm Emanuel will seek a massive property tax hike later this month, as he seeks to shore up police and firefighter pension funds, and close a $750 million budget hole.
A respected budget watchdog group has come out with a sharply critical analysis of Gov. Bruce Rauner's fiscal plan for Illinois.
With the city's bond rating just a couple levels above junk status, Mayor Emanuel told the Civic Federation he is ending or phasing out some of the city's more questionable borrowing practices.
The Chicago School Board passed a budget with a one-time bump, which gets it by this year but not next according to the fiscal watchdog the Civic Federation.
More than three weeks ahead of the governor's budget address, a government watchdog group has issued its own plan for bringing state finances back to good health.
The Daley administration took out nearly $30 million in loans to run the park, from the year after it opened, until the former mayor left office.
The head of a budget watchdog group said a major of the Chicago's credit rating on Thursday was no surprise, but is very troubling for residents.
The long list of people the state owes money to could nearly triple in five years, if lawmakers don't get costs under control, according to a local budget watchdog group.
Chicago Public School officials have unveiled their budget plan for next school year, seeking to fill a $665 million deficit with a property tax hike, personnel cuts and some one-time revenue.
A report being released Monday contains troubling news about the Chicago pension plans covering various municipal employees.
A new voice and a new website were added Monday to the effort to avert what appears to be the potential collapse of Illinois public employee pension funds. CBS 2 Chief Correspondent Jay Levine reports.
The Civic Federation is proposing a legal standard for nonprofit hospitals to qualify for property tax exemptions.
A spokeswoman says Gov. Pat Quinn wants to address the problem of skyrocketing Medicaid costs in Illinois, but state legislators are not cooperating.
Ahead of Gov. Pat Quinn's state of the state address this Wednesday and his budget address next month, a tax watchdog group is sounding the alarm about Illinois' looming financial disaster.
Cook County Board President Toni Preckwinkle's proposed 2012 budget is getting high marks from a noted government watchdog.
It's a cruel reality. Property taxes are up all over Chicagoland, according to a new report. In the city and suburb after suburb, property values are dropping, but tax levies for schools and services are going up.
Cook County is going to see more layoffs and red ink, but a Chicago budget watchdog says the situation seems to be improving.
How many city workers does it take to change a light bulb? Sounds like a joke right? But it's not funny when it's our tax dollars being wasted.
Burglars left with $10,000 from a mini mart in Chicago's North Center neighborhood early Thursday morning.
Firefighters responded to a building fire in West Englewood early on Christmas Day.
The sprawling 20-acre campus in Jackson Park, just blocks from the lake, includes buildings, gardens, playgrounds, and a 225-foot museum tower.
Pope Leo addressed the crowd standing in the cold and rain at Saint Peter's Square ahead of celebrating the first Christmas mass of his papacy.
From his hospital room at Mt. Sinai Hospital, Gilkey talked about his recovery and his fear of getting back on the CTA again.
Pope Leo XIV has revealed he privately urged Gov. JB Pritzker not to sign a bill legalizing medical assistance in dying in Illinois.
President Trump invoked a law called Title 10 to bring members of the Illinois National Guard under federal service over the objections of state and local leaders.
A host of new laws in Illinois will take effect on Jan. 1, 2026. From gun safety to rogue towers, protection from squatters, medical assistance in dying, protections for immigrants and more, here are some of the most notable changes in the new year.
Mayor Brandon Johnson on Tuesday declined to veto a $16.6 billion spending plan passed by his rivals on the City Council, allowing it to go into effect without his signature.
The U.S. Department of Justice is suing Illinois Gov. JB Pritzker and Attorney General Kwame Raoul over a state law restricting immigration arrests.
A new report shines a light on electricity shortages that Illinois could face in less than 10 years.
With less than two weeks until Christmas, if you're sending gifts to people far from home, the deadlines to get them there on time are fast approaching.
A condo owner in Country Club Hills says he's forced to sell his home after his condo association failed to reimburse him for repairs to his leaking roof. Edward Hadnott's condo has sat empty since a major roof leak in 2022.
The U.S. stopped minting pennies this week, and some groups have issued a warning about the headaches that can create for some businesses and consumers.
Why is one school in the west Chicago suburb of Lisle paying a water bill three times higher than another? The answer has to do with a private utility company.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
It's the holiday season, which means it's the most common time of year for norovirus to spread. Here's what you need to know about this winter stomach bug.
A study conducted in part by Chicago's Northwestern Medicine found that tanning beds not only triple the risk of melanoma, but can also damage DNA across nearly the whole skin surface.
An investigation into the case of a Michigan man who contracted rabies after an organ transplant provided more details on the infection's origin.
The newest measles vaccination numbers released by Chicago Public Schools shows immunizations are finally moving in the right direction.
The Chicago Bears are expanding their search for a new stadium to Northwest Indiana, even though they already own land in Arlington Heights and have also proposed a new lakefront stadium in Chicago.
A Culver's is coming to Chicago's South Loop, a real estate broker has confirmed.
A new vision for passenger rail is on track in southeastern Wisconsin. The MARK Passenger Rail Commission held its inaugural meeting on December 5, 2025, at Racine City Hall.
U.S. Steel says it'll resume making steel slabs at its Granite City Works plant in Illinois amid strengthening demand.
Traffic at O'Hare International Airport is growing faster than expected, and this has Chicago city leaders wanting to make big changes to future construction plans at the airport.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Chicago's Cadillac Palace Theatre is hosting "The Phantom of the Opera," and staff offered a firsthand look at the iconic chandelier inside the theater this week.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
The Oscars ceremony is moving to YouTube starting in 2029, the Academy of Motion Picture Arts and Sciences announced on Wednesday.
Meteorologist Carl Lam has the extended forecast.
Burglars left with $10,000 from a mini mart in Chicago's North Center neighborhood early Thursday morning.
Firefighters responded to a building fire in West Englewood early on Christmas Day.
Chicagoans are gathering for Christmas services from cathedrals to the Cook County Jail.
They have 621 trees, filling their entire house, even the bathroom.
Pope Leo addressed the crowd standing in the cold and rain at Saint Peter's Square ahead of celebrating the first Christmas mass of his papacy.
Burglars left with $10,000 from a mini mart in Chicago's North Center neighborhood early Thursday morning.
Firefighters responded to a building fire in West Englewood early on Christmas Day.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
The sprawling 20-acre campus in Jackson Park, just blocks from the lake, includes buildings, gardens, playgrounds, and a 225-foot museum tower.
Cameras not working, video evidence missed by police and a psychic that leads a hit and run victim's son to a clue that changes the case
Some Chicago area hospitals are at risk of significant flooding both in and around the buildings, according to new KFF Health News/Fathom models.
Lawmakers in Springfield are looking to address the high water bills being reported in some suburbs from customers of Illinois American Water.
Electric bills in the Chicago area could go up as much as $70 in the next three years because of data centers, according to the Citizens Utility Board.
Advocates and legislators are seeking solutions and and accountability for a pattern of Chicago police arresting Black gun owners on firearms charges despite valid FOID and CCL licenses.
As the 11-4 Chicago Bears prepare for their Sunday night matchup with the 11-4 San Francisco 49ers, one player earned an extra Christmas present from the league thanks to his impressive performance against the Green Bay Packers.
Travis Konecny scored and added his 300th career assist, leading the Philadelphia Flyers past the Blackhawks 3-1 and handing depleted Chicago its sixth straight loss.
The Bulls trailed 117-107 but closed the game on a 19-6 run.
Three Chicago Bears players have been named to the 2026 NFC Pro Bowl roster: safety Kevin Byard III, center Drew Dalman, and left guard Joe Thuney.
Murakami, or "Mune" as he likes to be called, was introduced on Monday on the South Side after signing a two-year, $34-million contract.
A woman was released on electronic monitoring Wednesday after authorities said she drove drunk and caused a crash that injured a family of four in Lombard, Illinois.
Multiple cars were broken into this week in Chicago's Lincoln Park neighborhood.
Four women have been charged with leading police on a high-speed chase after stealing from a retail store in the west Chicago suburb of Villa Park.
A woman has been charged with attacking four people at a CTA bus stop in the Lawndale neighborhood, including a woman she allegedly slashed with a broken beer bottle after threatening that woman's mother.
Three teens have been charged with sexually assaulting a classmate this past summer at a graduation party for St. Viator High School students.