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Proposal would make local governments more open, accessible to citizens SPRINGFIELD (March 19, 2014) – Illinois has a long-standing history of corruption. The best way to combat corruption is through proactive, online transparency – which, thanks to the Internet, has never been easier. On Thursday, the state’s leading government watchdog groups are coming together to...
by Mike Flannery John Cullerton, President of the State Senate, declared Thursday that “It’s time to end the Illinois bashing!” He insisted the Land of Lincoln’s economy is in fact healthier than critics claim. “I think it’s time to end the Illinois Bashing and start recognizing our economic attributes, and build on them to solve problems,”...
by Nick Vlahos The municipal bond rating for Peoria has been downgraded, but excessive worry about it doesn’t appear warranted. Not now, at least. Some of the underlying reasons for the change by Moody’s Investors Service might require more immediate attention in the Illinois General Assembly. Unfunded state mandates regarding pension funds for fire, police and...
Ted Dabrowski, VP of Policy at the Illinois Policy Institute joins Scot Bertram and Riley O’Neal to discuss the dangerous status of Rockford’s pension system.
Illinois Policy Institute CEO John Tillman joined John Kass and Lauren Cohn to discuss Chicago’s pension crisis and latest credit downgrade.
by Kevin Haas Pension costs have consumed more of Illinois’ cities revenues, forcing higher taxes and cuts in services, a statewide report from the Illinois Policy Institute shows. The Institute, a research group that previously advocated for 401(k)-style public pension plans, highlighted some of Rockford’s pension woes in the report released last week. The report states...
By Kristin Crowley A city in crisis. That’s how one research group describes Rockford because of its pension problems. It gives the city a critical rating, and warns taxpayers aren’t the only ones feeling the impact. “A lot of attention is being put on Chicago because Chicago is the super dangerous pension system in the...
Peoria, Decatur and Bloomington have some of the worst funded public pension systems in the state PEORIA (Feb. 27, 2014) – State lawmakers spent the last few years debating state-level public pension reform in the capital, but a new study released by the Illinois Policy Institute suggests attention should now be turned to local...