Friday, January 23, 2009

U.S. House of Representatives Stimulus Package Proposal gives $8.8 billion of $198 billion to Illinois.

Illinois received approximately 3.9% of the total.  Take a look at the various programs that are being proposed for Illinois’ share.

If you wish other details or more recent events regarding the stimulus see:


The December 2008 Consumer Price Index is out.  If there are no changes to the law, Illinois Department of Revenue should be announcing 0.1% as the tax cap for 2009 taxes (those paid in 2010).  If local government and schools are having a difficult time meeting rising costs just wait to they need to budget for FY 2010, when real estate taxes are capped at nearly zero and property assessments maybe falling.

I thank Cal Skinner and his blog: for the graphics.