Number of students receiving Invest in Kids tax credit scholarships soared in program’s final year, according to state data – Chicago Tribune
April 6, 2024
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In the last year before its demise, the state’s Invest in Kids tax credit scholarship program had a record number of scholarship recipients and substantial jumps in participating schools and contributions.mThe program supported more than 15,000 students with scholarships in the 2023-24 academic year, a 56% increase from the previous year, according to Department of Revenue data obtained by the Tribune.
Another tax study, another loss for Illinois taxpayers. Illinois again has the highest effective property tax rate in the nation. Not only that, five of the top 10 metro areas with the highest property tax rates in the nation are in Illinois: Rockford, Champaign-Urbana, Peoria, Springfield, and Chicago.