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Sunday, May 5, 2024

Illinois Business Daily reports News

From Illinois Business Daily

Illinois schools get 55% of their funds from local taxes, NEA reports

By Illinois Business Daily reports | 4 years ago

Fifty-five percent of Illinois public education funding comes from local tax revenues, the 10th highest level among the 50 states, according to data from the National Education Association.

From Illinois Business Daily

2nd-quarter state tax collections in Illinois reach $12.6 billion, Census Bureau reports

By Illinois Business Daily reports | 4 years ago

State tax revenues in Illinois amount to $12.6 billion in the second quarter of 2019, the fifth highest tally among the 50 states and the District of Columbia, according to newly released data from the U.S. Census Bureau.

From Illinois Business Daily

2017-18 teacher pay in Illinois averaged $65,721

By Illinois Business Daily reports | 4 years ago

Teachers’ salaries in Illinois averaged $65,721 for the 2017-2018 school year, the 11th highest rank among the 50 states and the District of Columbia, according to data analyzed by the National Education Association (NEA).

From Illinois Business Daily

1st-quarter state tax collections in Illinois reach $10.2 billion, Census Bureau reports

By Illinois Business Daily reports | 4 years ago

State tax revenues in Illinois amount to $10.2 billion in the first quarter of 2019, the sixth highest tally among the 50 states and Washington, D.C., according to newly released data from the U.S. Census Bureau.

From Illinois Business Daily

2017-2018 pay for starting teachers in Illinois averaged $39,236

By Illinois Business Daily reports | 4 years ago

A beginning teacher’s salary in Illinois averaged $39,236 for the 2017-2018 school year, the 18th highest rank among the 50 states and the District of Columbia, according to data analyzed by the National Education Association (NEA).

From Illinois Business Daily

Illinois’ public pensions are 81.2 percent government funded

By Illinois Business Daily reports | 4 years ago

Taxpayer contributions to Illinois’s public pension funds in 2018 amounted to 81.2 percent of the total, the seventh highest ratio among the 50 states, according to newly released data by the U.S. Census Bureau.

From Illinois Business Daily

Total state tax collections in Illinois reach $38 billion, Census Bureau reports

By Illinois Business Daily reports | 4 years ago

State tax revenues in Illinois amount to $38 billion, the sixth highest tally among the 50 states, according to newly released data from the U.S. Census Bureau.

From Illinois Business Daily

Decatur’s concentrated poverty rate is the highest in Illinois

By Illinois Business Daily reports | 4 years ago

The Decatur metro area’s share of extreme poverty – neighborhoods where at least 40 percent of residents live below the poverty level – is the highest in Illinois, according to a new analysis from the website 24/7 Wall St.

From Illinois Business Daily

Illinois earns grade of C+ for manufacturing health

By Illinois Business Daily reports | 4 years ago

Illinois received a grade of C+ on a scorecard developed by Ball State University to gauge the health of each state’s manufacturing sector.

From Illinois Business Daily

McHenry County’s $3,650-per-month cost of living is the highest in Illinois

By Illinois Business Daily reports | 4 years ago

Residents of McHenry County need to make $3,650 every month to maintain a modest standard of living, making it the most expensive place to live in Illinois.

From Illinois Business Daily

Illinois’s public pensions are 80.4% government funded

By Illinois Business Daily reports | 4 years ago

Taxpayer contributions to Illinois’s public pension funds in 2017 amounted to 80.4 percent of the total, the seventh highest ratio among the 50 states, according to newly released data by the U.S. Census Bureau.

From Illinois Business Daily

Average student loan debt for graduates in Illinois is $28,424, study finds

By Illinois Business Daily reports | 4 years ago

College graduates in Illinois have an average debt burden of $28,424, according to a study by the website 24/7 Wall St. examining average student loan debt in the 50 states.

From Illinois Business Daily

Income taxes make up 19% of total state, local levies in Illinois, study finds

By Illinois Business Daily reports | 4 years ago

State income tax revenues in Illinois represent 19 percent of its total state and local levies, according to a new study by the Tax Foundation.

From Illinois Business Daily

Illinois ranks 26th lowest in state, local government GDP, study finds

By Illinois Business Daily reports | 4 years ago

Illinois finished 26th lowest in the size of its state and local government operations, based on their share of the state’s gross domestic product, according to a 24/7 Wall St. analysis.

From Illinois Business Daily

Illinois pension plans are 38% funded, study finds

By Illinois Business Daily reports | 4 years ago

The funded ratio of the Illinois public pension plans stands at 38%, according to a new analysis from the Tax Foundation based on fiscal-year 2017 data.

From Illinois Business Daily

Saline rated least livable among Illinois counties, study finds

By Illinois Business Daily reports | 4 years ago

Saline was ranked Illinois’s worst county to live in, according to a Wall St. 24/7 analysis of regions with the poorest quality of life within all 50 states.

From Illinois Business Daily

Illinois ranks 15th highest on distilled spirits taxes

By Illinois Business Daily reports | 4 years ago

The state distilled spirits excise taxes in Illinois ranked 15th in the nation, according to a new analysis from the Tax Foundation based on January 2019 data.

From Illinois Business Daily

$447,860 in annual income gets you into Illinois’s top 1% club, study finds

By Illinois Business Daily reports | 4 years ago

Bring in at least $447,860 in yearly income, and you’ll be among the top 1 percent of earners in Illinois, according to a Wall St. 24/7 analysis of the ultra wealthy in every state.

From Illinois Business Daily

Illinois ranks 13th highest on wine taxes, study finds

By Illinois Business Daily reports | 4 years ago

The state wine excise taxes in Illinois ranked 13th in the nation, according to a new analysis from the Tax Foundation based on January 2019 data.

From Illinois Business Daily

Illinois ranks 7th highest on state and local sales taxes, study finds

By Illinois Business Daily reports | 4 years ago

The combined state and average local sales taxes in Illinois ranked seventh in the nation, according to a new analysis from the Tax Foundation based on July 2019 data.