by Ashley Muchow Considering the current financial woes affecting Illinois’s economy, coming to you with more bleak news isn’t fun. Onward. Congress has before it the Financial Reform Bill; a reform bill intended to overhaul the financial system as we know it. But before you begin thanking Washington for coming to the rescue; for protecting...
by Kristina Rasmussen $4.712 billion. That the size of Illinois’s unpaid bill backlog at the end of June, according to a new report from the comptroller’s office. It’s up from “just” $2.785 billion at the end of last year. Payment delays are also up: “the delay in paying vouchers was 153 working days this June compared to...
Recently, a number of Illinois state government employees received pay raises in the midst of an economic recession and ongoing budget crisis. Was this an isolated incident? No, it’s a trend. The chart above was constructed using data from the Bureau of Economic Analysis, and it shows the compensation of public and private employees indexed against the first...
The State of Illinois gave a $15,000 grant (#06-203940) in fiscal year 2006 to the Chicago Park District “for the installation of two stall type batting cages at Jackie Robinson Park located at 1054 South Morgan Street in Chicago.” According to the DCEO’s grant tracker website, the grant was part of the Grant Management Program “for specific purposes to...
The Problem Illinois faces $6 billion in unpaid bills with an unemployment rate over 11 percent—the highest in 27 years. The state pension system is underfunded by $80 billion, and the state’s bond rating ranks second lowest in the country. In response, Governor Pat Quinn’s proposed fiscal year 2011 budget would raise income taxes by...
by Amanda Griffin-Johnson The Chicago Sun-Times reports that a dozen Cook County contracts are being investigated by the county’s ethics board and inspector general. Two of the contracts went to businesses that are not registered with the county or state, “a requirement of businesses doing contract work for Cook County”. The article states: Contracts obtained by the Sun-Times...
by Will Compernolle The State of Illinois hired 5 inhalation therapists in fiscal year 2008 for a total of $170,935.86 in combined total wages for an average salary of $34,187. The highest salary for an inhalation therapist was $43,824. According to the Illinois Central Management Services website, inhalation therapists, “Under general supervision, administer specialized inhalation, therapeutic...
by Kristina Rasmussen Governor Quinn claims to make $1.4 billion in spending reductions for fiscal year 2011 compared to fiscal year 2010. Why is Governor Quinn comparing his proposed spending reductions to last year’s spending levels instead of his proposed budget for fiscal year 2011? It makes his cuts look bigger. Think about it. Last year’s spending was artificially...
by Collin Hitt In the wake of a recent study showing strong results for a Washington D.C. voucher program, the Trib is again urging Illinois lawmakers to support a school voucher bill that would provide students in Chicago’s worst and most overcrowded elementary schools with the choice of attending a city private school instead: No, we haven’t...
by Amanda Griffin-Johnson Yesterday, Quinn unveiled and signed the Illinois state budget for fiscal year 2011 in which he claims to cut $1.4 billion when compared to the FY2010 budget. He outlined only $509 million in specific appropriation cuts, with the remaining $891 million categorized under vague “emergency budget act reserves.” But let’s focus on this year’s...
by Kristina Rasmussen Even though the state budget is billions of dollars out of whack, many state government employees are set to receive a pay raise today. From the Pantagraph: SPRINGFIELD — Despite a state budget that is billions of dollars out of whack, more than 46,000 state workers will see bigger paychecks on Thursday. Judges, prison...
by Will Compernolle In fiscal year 2007, the Illinois Department of Commerce and Economic Opportunity gave a $25,000 grant (#07-203098) to the Chicago Park District “for renovations to the historic spray pool at Athletic Field Parklocated at 3546 West Addison in Chicago.” The DCEO’s grant tracker explains the grant is part of a larger grant program “for specific...
by Brian Costin In a bit of good news the arrival of July 1st, 2010 marked a drop in the Cook County sales tax rate. The Cook County portion of the sales tax (1.75%) dropped ½ a percentage point to 1.25%. This means for a $100 purchase of goods the average consumer will save 50 cents. Unfortunately, Chicago...
by Amanda Griffin-Johnson The Associated Press reports that the federal government’s Low-Income Home Energy Assistance Program (LIHEAP) “wasted more than $100 million paying the electric bills of thousands of applicants who were dead, in prison or living in million-dollar mansions.” LIHEAP is designed to help low-income families pay their electric bills, but there was “little oversight of...