Illinois’ seemingly endless appetite: another $1.3 billion borrowing
Illinois’ seemingly endless appetite: another $1.3 billion borrowing
by Ted Dabrowski As if Illinois didn’t have enough debt to deal with, the state borrowed another $1.3 billion. The state says it needs the money for infrastructure projects. Illinois tapped the bond markets despite the current fallout from the state’s failure to reform pensions and the recent bond market instability, which drove states like...
Beck rights and abstention: The ways around a toxic union
Beck rights and abstention: The ways around a toxic union
A recent Google Consumer Surveys poll shows that a third of union household members would quit their union if it weren’t for the fact that doing so would cost them their jobs. Because Illinois lacks a Right-to-Work law, thousands of workers are forced to pay dues or fees to a union that they don’t believe...
By Paul Kersey
Comptroller seeks investigation into Washington Park’s missing $300K
Comptroller seeks investigation into Washington Park’s missing $300K
by Andrew Wyatt This year, Washington Park lost $300,000 of taxpayer money meant to cover village workers’ paychecks. The village also has not filed any financial reports, audits or tax statements to the comptroller’s office for the last seven years. The village of Washington Park, which is near East St. Louis, is no stranger to...
Increasing State Employee Retirement System costs fall on the backs of Illinois taxpayers
Increasing State Employee Retirement System costs fall on the backs of Illinois taxpayers
Employee contributions to the State Employees’ Retirement System, or SERS, have gone up by 66 percent since 1998. During the same time period, taxpayer contributions to state employee retirements increased by 593 percent. In 2012 alone, Illinois taxpayers contributed $1.1 billion more to SERS than state employees did. And the disparity between taxpayer and employee...
By John Klingner
AFSCME vs. Illinois Policy Institute: government pension transparency
AFSCME vs. Illinois Policy Institute: government pension transparency
In a recent Facebook post, a local chapter of the American Federation of State, County and Municipal Employees, or AFSCME, called a government pension transparency initiative by the Illinois Policy Institute “offensive.” From AFSCME Local 427’s Facebook page: Bills Amended to Address AFSCME Concerns
Assault on State Retiree Privacy (HB 1040 – Rep. Tryon/Sen. Althoff) This bill establishes...
By Brian Costin
Illinois’ new normal: chronic unemployment
Illinois’ new normal: chronic unemployment
by Ted Dabrowski and Paul Schumacher Despite Illinois’ improved May unemployment numbers, the state continues to lag the nation in job creation. Illinois has the second-highest unemployment rate in the nation – a position it has held since March. Illinois’ jobless rate dropped to 9.1 percent from 9.3 percent in May, according to the Bureau...
The fight for school choice lives on
The fight for school choice lives on
In May of 2010, the Illinois House of Representatives voted down the 2010 voucher bill. My hopes had been high for this bill, because I knew what school choice would mean for Illinois families. Vouchers mean freedom from failing schools; the possibility of students and families choosing their own path instead of being stuck with...
Illinois cigarette tax hike falls $130M short of projected revenues
Illinois cigarette tax hike falls $130M short of projected revenues
Remember when the state of Illinois said its new $1 cigarette tax would bring in $350 million in additional revenue? Unless this tax garners an additional $138 million in the next 10 days, these lofty projections are about to crash and burn. The cigarette tax hike, which took effect a year ago this month, is...
By Hilary Gowins
Illinois’ Comprehensive Annual Financial Report issued 175 days late
Illinois’ Comprehensive Annual Financial Report issued 175 days late
If taxpayers don’t file their tax returns by April 15 each year they could face stiff penalties from state and federal government. But what about when government fails to file its financial report to the taxpayers on a timely basis? According to the Government Accounting Standards Board, or GASB, government agencies should release their financial...
By Brian Costin
Proposed bill makes state board exempt from OMA and FOIA laws
Proposed bill makes state board exempt from OMA and FOIA laws
by Brian Costin The Illinois Policy Institute has long been a supporter of strengthening the Open Meetings Act, or OMA, and Freedom Information Act, or FOIA. Unfortunately, OMA and FOIA often come under attack by the Illinois General Assembly. The most recent assault is in the concealed carry bill that recently passed the House and Senate, and awaits Gov....
Pension plan developed by universities fails to solve Illinois’ pension crisis
Pension plan developed by universities fails to solve Illinois’ pension crisis
A six-point pension plan created by the Institute of Government and Public Affairs, or IGPA, fails to solve Illinois’ pension problem. That’s because the plan, Senate Bill 2591, maintains the state’s unmanageable defined benefit plan for current employees. It requires all new employees to participate in a hybrid defined benefit and defined contribution pension plan, and...
By Benjamin VanMetre
Mount Prospect posts 96 years of meeting minutes online
Mount Prospect posts 96 years of meeting minutes online
by Andrew Wyatt In April 1917, Ella Fitzgerald was born, the United States joined World War I and the first board meeting of the newly organized village of Mount Prospect was held at William Wille’s Hall. And if you wanted to, you could pull up the minutes from this inaugural meeting online. That’s because the...
Capitol Updates: lawmakers push off pension reform in favor of ‘pension conference committee’ during special session
Capitol Updates: lawmakers push off pension reform in favor of ‘pension conference committee’ during special session
State lawmakers were in Springfield yesterday for a special session ordered by Gov. Pat Quinn. As expected, the General Assembly did not take formal votes on any pension reform legislation. Instead, Quinn called for the formation of a conference committee, with the intention of resolving the differences between the House and Senate on pension reform. As a means of breaking up...
By Jane McEnaney