Illinois flunks new nationwide fiscal report card
Illinois flunks new nationwide fiscal report card
The Land of Lincoln received the lowest possible grade in budget forecasting and legacy costs.
The Land of Lincoln received the lowest possible grade in budget forecasting and legacy costs.
Local barber Bob Anderson has endured two attempts at intimidation since being elected to the McHenry Township Board on a platform of consolidation.
Springfield won’t let millions in unpaid utility bills get in the way of nonessential spending.
Mayor Rahm Emanuel’s budget proposal includes jacked-up costs for business licenses and stricter noncompliance penalties.
Mayor Rahm Emanuel’s proposed increase in the city’s amusement tax is nothing but the continued nickel-and-diming of Chicagoans.
The increase comes after last year’s hike, which cost yearlong commuters an extra $141 annually for their monthly passes. Metra officials have not ruled out further fare hikes or service cuts.
The politically motivated freeze would not address key cost drivers or protect Illinois homeowners from property tax increases.
A new study highlights the gravity of Illinois' fiscal crisis.
A proposal co-sponsored by 32 aldermen would mandate the fiscal consequences of ordinances be made transparent.
Six years into retirement, Ron Guenther’s annual pension is more than $470,000 and is set to rise even higher, thanks to 3 percent yearly increases.
Despite increases in city contributions to both its police and fire pension funds, Normal, Illinois’, unfunded police and fire pension liabilities are growing.
Cook County governments have now amassed $139 billion in debt, a 30 percent increase over the last 5 years.
Both Delaware and New Jersey have joined a growing trend away from estate taxes at the state level.
The politically motivated freeze would not address key cost drivers or protect Illinois homeowners from property tax increases.