Report: Chicago's Museums, Zoos Need Sales Tax Funding Boost

Shields, Yvette
May 2006
Bond Buyer;5/16/2006, Vol. 356 Issue 32382, p4
Trade Publication
The article reports that the cultural institutions in Chicago, Illinois have requested for new funding from an increase in the sales tax to compensate for the dwindling fiscal help. The museums in the park are vital to Chicago's reputation as a cultural destination. The cultural institutions have faced reduced funding from state and local governments, investment income, fees, charges, private subsidies and grants.


Related Articles

  • North Carolina Might Authorize Introduction of Half-Cent Sales Tax by Counties. Sigo, Shelly // Bond Buyer;7/26/2001, Vol. 337 Issue 31189, p6 

    Reports on the plan of the North Carolina General Assembly to grant the counties the authority to enact a half-cent local option sales tax. Move of the House of Democrats in the state to solve budget crisis; Examination on the 440 million dollars funding proposals for the state; Details on the...

  • SOUTH DAKOTA. Clement, Douglas // Fedgazette;Nov2002, Vol. 14 Issue 6, p15 

    Reports on the decline of sales taxes in South Dakota in fiscal year 2002. Significance of sales taxes to the state's general fund; Decision of the South Dakota Legislature to draw on the state's reserve funds in February 2002; Completion of the sale of future state receipts from the 1998...

  • Tax hike would benefit 370 Lakeside. Korando, Russell // St. Charles Journal;7/11/2012, Vol. 47 Issue 28, pA1 

    The article reports on Proposition P, a city sales tax increase of four-tenths of a cent that could generate as much as 4.8 million U.S. dollars per year for Saint Peters, Missouri that would be used for storm water management and park improvements.

  • Election Options. Albanese, Elizabeth // Bond Buyer;6/4/2002, Vol. 340 Issue 31400, p31 

    Reports on the request of the Central Transit Authority to use transit sales tax fund to finance the upcoming election in Little Rock, Arkansas. Percentage of the proposed budget; Advantage of approving the request; Absence of plan to issue debt for transit.

  • Wringing more tax money from citizens in the new year. Poochigian, Chuck // Business Journal Serving Fresno & the Central San Joaquin Valley;1/18/2002, Issue 322879, p31 

    Focuses on the state budget crisis in California. Growth of state spending; Concerns over unemployment; Increase of sales tax.

  • Nogales voters to decide sales tax for new hospital.  // Inside Tucson Business;10/3/2005, Vol. 15 Issue 16, p17 

    Reports on the opportunity of the Nogales voters to decide on a proposal to raise their city sales tax from 1.25 percent to two percent in order to raise seven million dollars for the construction of a hospital building in Arizona.

  • District of Columbia Will Take a Hit from Sequestration. JAGODA, NAOMI // Bond Buyer;9/5/2013, Vol. 385 Issue 33974, p6 

    The article informs that the congressionally-mandated sequestration in the U.S. could take 60 million U.S. dollars of income and sales tax revenue from the District of Columbia's economy thereby causing a loss of 30 million U.S. dollars to the city in federal grants and payments in fiscal 2014.

  • Sales tax revenues continue to decline.  // Westchester County Business Journal;8/26/2002, Vol. 41 Issue 34, p18 

    Reports on the decline in sales tax revenues in Westchester County, New York, in the first half of 2002. Impact on the 2002 budget of the county; Plan of the county to raise its sales taxes.

  • It's adding up to real money.  // Hays Free Press (Buda, TX);11/15/2006, Vol. 103 Issue 31, special section p2 

    The article looks at the sales tax revenues of Buda, Texas for 2006. The city's sales tax revenues stands at $2,709,710 as of November 2006 and is expected to reach more than $3 million at the end of the year. A big contribution to the revenues came from the State Comptroller office, which added...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics