Center Square: Unfunded cost of retirement benefits reaches $1.14 trillion
New Jersey, California, New York, Texas and Illinois face a hundred billion plus deficit when it comes to paying for the benefits other than pensions promised to state retirees.
Chicago Tribune: Public sector union bosses are the real threat to democracy
We elect governors, mayors, state legislators, members of Congress and others to solve basic problems, but their hands are tied by public sector union bosses who control the machinery of government.
Sun-Times: Johnson launches plans to address local business, food insecurity
First-installment tax bills mailed last week listed Chicago’s unfunded health care and pension debt as $37.2 million. The actual unfunded pension liability of the city is $37.2 billion.
Center Square: Police group raises concerns about Illinois’ criminal justice policies
Late last month, state Rep. Justin Slaughter, D-Chicago, filed House Bill 4603 that would prohibit police from pulling over vehicles that speed, improperly change lanes, have excessive tint, no seatbelts and a variety of other violations. While he’s told media outlets he won’t advance the bill, Slaughter said it’s a conversation starter.
WBEZ: The Cook County Jail population has shrunk dramatically, but costs have not. Why?
Cook County’s jailed population has shrunk by more than half over the past decade, but the massive reduction hasn’t led to big savings for taxpayers or a major boost in funding for crime prevention, a WBEZ analysis of county budget records has found.
Chicago Tribune: No migrants camped out at O’Hare International Airport for first time since summer, questions loom over dwindling city funds
O’Hare International Airport no longer has migrant encampments for the first time since families began sleeping there last summer, Mayor Brandon Johnson’s administration said Thursday as uncertainty remains over how he will handle the ongoing crisis when city funds for asylum seekers are expected to run out in a couple months.
Daily Herald: Hanover Park Park District referendum seeks $8 million to replace Community Center roofs
The Hanover Park Park District will ask voters on March 19 to approve a tax hike for the first time in its 60-year history to replace the original 48-year-old fabric roofs over two wings of its Community Center.
KDHL: Illinois is home to world-famous mascot costume making company
Two Chicago art students started out making frog costumes for a horror movie premier. Now they are knee-deep in making mascot costumes including Smokey Bear.