Most suburbs saw a major infusion of sales tax revenue last year largely fueled by a trio of events, but some experts warn that what goes up eventually comes down.
For the fourth consecutive year, Arlington Heights officials are proposing no increase in the village property tax levy, thanks to more sales and income taxes received and better interest earnings in pension funds.
Arlington Heights is requiring the Chicago Bears to pay more than $200,000 worth of the village s consultant costs for studies on the economic, traffic and parking impacts of the team s proposed redevelopment at Arlington Park.
Local business grants, public safety compensation, water system upgrades, vaccine incentives and retention bonuses are among the programs and projects that state and local governments have funded with some of the $14 billion in American Rescue Plan Act funds allocated to Illinois so far.
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