While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
Decatur City’s city manager is on his way to take the same post in Bloomington, and with it a raise that will push his income above 49 of the nation’s 50 governors.
When people can’t find good job opportunities in Illinois, they are too often forced to leave. And to take their place, too few have enough confidence in the state to move in from elsewhere and build a future.
In a shrinking state, half of Illinois’ largest cities have shed population since 2010.
Reductions in state subsidies are one reason for Decatur’s predicament, but long-running pension woes are an even larger source of pain.
The Decatur City Council moved to stop paying $20,000 to sponsor a golf tournament with the village of Forsyth, a sensible move for a shrinking city operating on a budget deficit.
With countywide population dipping, remaining taxpayers in Macon County are being left with an ever-increasing property tax bill.
Seven metro areas across the state lost jobs over the month.
Revisions from the Bureau of Labor Statistics flipped Decatur’s jobs growth from negative to positive over the year, though the growth was meager.
Decatur’s population is shrinking, but earnings for the city manager continue to grow.
After passing an unbalanced budget in 2017, Decatur will have to address its declining population and revenue as it looks ahead to crafting future budgets.