Chicago’s pension funds’ debt grew by two-thirds to $34 billion in 2015. That’s $33,000 of pension debt per Chicago household.
State Rep. Robert Martwick, D-Chicago, criticized payment delays for Illinois politicians, despite the fact that his compensation cost taxpayers nearly $100,000 in 2015.
Nearly 5,000 Chicago city workers make six-figure salaries, driving up the payroll and pension costs overtaxed city residents must pay.
Due to funds provided through the stopgap budget, the Illinois secretary of state’s office will resume mailing vehicle-registration-renewal reminders in August.
Under the stopgap budget, Illinois will spend $8 billion more than it collects in tax revenues; Illinois needs to enact major reforms to rein in its out-of-control spending and avoid billions in tax hikes.
New law would tackle wasteful spending by local governments, and be a welcome change for taxpayers.
Taxpayers in Peru, Ill. will have the option this November to dissolve their township, which could eliminate waste and ease their tax burden.
Illinois lawmakers pay themselves the fifth-highest annual lawmaker base salary in the country.
A law passed by the Illinois General Assembly in June allows Chicago to create new transit-based super TIFs, adding more opportunities for city-run slush funds to divert and hoard property-tax dollars.
Property-tax hikes have caused taxes on NBA star Dwyane Wade’s former house to more than triple, driving away prospective buyers and showing the harm Illinois’ sky-high property-tax rates inflict on homeowners.
Illinois lawmakers earn base salaries of nearly $68,000 for what is essentially part-time work.
The Illinois comptroller warns Illinois' backlog of unpaid bills will reach $10 billion by December.
A referendum allowing Madison County taxpayers to decide if they want to limit their tax burden is a choice all Illinoisans should have.
A new Chicago financial report shows the city’s total unfunded liabilities have jumped by over $17 billion, growing to nearly $24 billion in 2015 from $6.5 billion in 2014.