Quincy property taxes do not generate enough to fund the municipal pension costs. Even with that heavy burden, there is so much state and local pension debt that the average Quincy household owns more than $35,600.
More than 18 months after Illinois Department of Employment Security offices closed their doors to Illinoisans, all state job centers have reopened for in-person assistance. Job seekers need an appointment, though.
Chicago homeowners are likely to see average property tax bills rise between $72 and $180 based on the city’s new budget. Higher taxes are driven by $47 billion in pension debt, but pension reform can change that.