Moody’s clears the air: Illinois under review for possible downgrade to ‘junk’ status because of debt crisis

By Michael Lucci
07/05/2017
Though the Illinois House of Representatives appears close to overriding Gov. Bruce Rauner’s veto of a tax hike budget plan, and thereby ending Illinois’ more than two years without a full-year budget, Moody’s Investors Service has said it might still downgrade the state’s credit, largely due to Illinois’ unsustainable debt.

TAGS: Bruce Rauner, budget, credit rating, Illinois House of Representatives, Moody's Investor Service, veto

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Illinois’ $21 billion in school debt pushes up property taxes

Illinoisans are struggling under the highest property tax burdens in the country. Many of the reasons for those high taxes are known ­– too many local governments, executive pay for local administrators and rising pension costs. What taxpayers don’t know is that local school districts have billions in debt, which drives up property taxes even further....

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Forgotten Illinois: Round Lake

Policy lessons from Illinois’ exodus of people and money

By J. Scott Moody, Wendy Warcholik
07/07/2014

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016