Fitch Ratings has issued a warning about a pension plan pushed by one Illinois think tank, which includes no reform and would harm the state’s credit rating. The response from the Center for Tax and Budget Accountability proves how indefensible the plan really is.
Pension payouts collected by the Belleville area’s top-earning school retirees underscore the need to reform Illinois’ unaffordable pension system.
Alliance Steel Corp. will move 100 jobs to Gary, Indiana, with plans to add 30 more.
Pension costs now consume nearly 70 percent of the city’s annual property tax levy. It may not be enough.
A study by realtor.com ranks the Chicago region’s housing market slowest of 100 U.S. metro areas for 2019. That stat could be fixed, or made worse.
Illinoisans should know lawmakers in the past made big moves to fix the state's worst-in-the-nation pension crisis. It’s politically possible. They just need a little reminder of our history.
County board members narrowly voted to hike the county’s property tax levy by nearly 12 percent to make up for a $500,000 shortfall.
Six years after last threatening to strike, the teachers union walked the picket line – a collective bargaining tactic not allowed in any of Illinois’ neighboring states.
With the ratification of the 21st Amendment, 1933 marked the end of Prohibition in the United States. The Land of Lincoln, however, has continued to serve a cocktail of prohibitive regulations on alcoholic beverages.
Most county historical societies in Illinois rely on donations and memberships, but the Madison County Historical Society receives a generous infusion of tax dollars to run its museum and library. County leaders just cut the total, but why do they provide taxpayer support at all?
Citing public safety pension costs, the city is expected to approve another increase to its property tax levy.