Friday, March 29, 2019 || By Grant Morgan/Capitol News Illinois || @maywoodnews
SPRINGFIELD – A U.S. Supreme Court decision last year allows states to collect sales taxes from online retailers, even if they don’t have a physical presence in the state.
Continue reading “Local Governments Want In On Tax Revenue From Online Sales”
Thursday, August 7, 2014 || By Michael Romain According to a recent analysis by the Better Government Association, dozens of suburban Cook County police and fire pension funds are “are in financial peril, putting retirement incomes at risk, as well as the fiscal health of numerous municipalities”–Maywood included. The BGA’s analysis, based on the latest available municipal pension fund data, found that total unfunded liabilities … Continue reading Maywood’s Fire and Police Pension Funds Among 10 Most Troubled In Suburban Cook County, According to BGA Analysis
(The chart shows State income tax payments to local governments from FY2008 to FY2013 and the Governor’s recommended payments for FY2014. The amount of State income taxes shared with local governments remains below its pre-recession level of $1.208 billion in FY2008. Chart and caption by the Civic Federation.) Wednesday, July 30, 2014 || By Michael Romain Municipalities claim Illinois already underpays them their share of … Continue reading The State of Illinois Owes Maywood More Than $135K, Says Illinois Municipal League Late Payment Calculator