Illinois’ comeback story starts here.

Geneva teachers union files intent to strike, but local watchdogs aim to keep union demands in check

Geneva teachers union files intent to strike, but local watchdogs aim to keep union demands in check

Like many school systems across the state, Geneva Community Unit School District 304 is likely to endure a teacher strike, but the result from the Geneva strike could be very different thanks to a team of about 20 citizen watchdogs who are keeping a sharp eye on the bottom line. The group, known as Geneva...

By Paul Kersey

Supply without demand: public school hires increase while enrollment drops

Supply without demand: public school hires increase while enrollment drops

There are too many people working in America’s schools. From 1950 to 2009, the amount of full-time equivalent (FTE) employees grew 386 percent while the amount of public school students only grew by 96 percent, according to a recently released report from the Friedman Foundation for Educational Excellence. Looking even closer at the data reveals...

TRS earned less than 1 percent on its investments last year

TRS earned less than 1 percent on its investments last year

On Thursday, the Teachers’ Retirement System announced its annual investment returns for fiscal year 2012. You may recall that it was predicting 8.5 percent returns. So what kind of returns did it actually get? A meager 0.76 percent. For comparison, the S&P 500 grew7.39 percent during fiscal year 2012, while the Dow Jones Industrial average grew 7.92 percent and...

By Jonathan Ingram

Preckwinkle’s proposed $1 per-pack cigarette tax hike doesn’t add up

Preckwinkle’s proposed $1 per-pack cigarette tax hike doesn’t add up

Since 2002, cigarette taxes increased 105 times across the country. Cook County Board President Toni Preckwinkle wants to make it 106. To help fill Cook County’s $267.5 million budget shortfall, Preckwinkle has proposed increasing the per-pack tax on cigarettes by $1. The tax hike is only expected to bring in about $25 million in new revenue. Preckwinkle’s new money...

By Benjamin VanMetre

Cook County’s attempt to sin tax its way out of $267.5 million budget shortfall

Cook County’s attempt to sin tax its way out of $267.5 million budget shortfall

Cook County faces a projected $267.5 million budget shortfall for fiscal year 2013. Cook County Board President Toni Preckwinkle has a solution: Fill the gap with higher taxes on cigarettes, guns, ammo, gambling and businesses. “We have structural problems that demand structural solutions” Preckwinkle said. The problems are structural, but Preckwinkle’s solutions are not. Tinkering with the tax...

By Benjamin VanMetre

Despite Evergreen Park union resistance, evaluations included in ratified contract

Despite Evergreen Park union resistance, evaluations included in ratified contract

A couple of weeks ago I noted that a performance incentive program for teachers and staff was one of the bones of contention in the Evergreen Park teacher strike. These proposed incentives were based on district-wide performance on the Measure of Academic Progress (MAP) exam, which measures students’ academic growth. The bonuses were tied to...

By Paul Kersey

Even before record 67 percent tax hike, Illinois has 11th-highest tax burden nationwide

Even before record 67 percent tax hike, Illinois has 11th-highest tax burden nationwide

The Tax Foundation has reaffirmed Illinois’ status as a high-tax state in its newly released 2012 Annual State-Local Tax Burden Ranking. Based on the Census Bureau’s 2010 data, the report found that Illinois’ overall tax burden per resident is the 11th highest in the nation. Some highlights from the report include: At 10.2 percent, Illinois has...

By Ted Dabrowski, John Klingner

Championing the start-ups

Championing the start-ups

The problem State officials have doled out hundreds of millions of dollars in tax breaks and other incentives to keep Fortune 500 names and other big businesses from fleeing Illinois. But were state officials focused on the right targets? Who and what matters most in job creation? The Illinois Policy Institute’s new analysis finds the...

By Ted Dabrowski