Illinois can do it the old way and raise taxes to deliver pork projects. Or Illinois can be smart and make each tax dollar work hard to deliver projects that help residents and the economy.View Report
AFSCME Council 31 recently told its members to push the Illinois General Assembly for tax rates that are “fair” for the middle class. But AFSCME’s new contract should cause its middle-class members to question whether the union holds itself to the same standard.
Residents in Illinois’ Metro East area are fleeing a growing property tax burden, fueling regional population loss.
Persistent budget deficits, enormous and growing pension obligations, a high debt burden and labor contract negotiations all await Lori Lightfoot as she settles into office.
A provision included in Illinois’ previous budget aimed to protect state taxpayers from end-of-career salary spiking in local school districts. The budget proposal en route to Gov. J.B. Pritzker’s desk would repeal that protection.
Financial stress testing shows Illinois and New Jersey are the most unprepared for the next recession. Both states lack sufficient rainy day funds and struggle with large pension debt.
The current progressive income tax proposal would fail to pay down the state's unfunded liability while damaging Illinois' economy.
Each Chicago taxpayer is on the hook for $119,110 worth of unfunded state, city, county and other local government debt. Many of the pensions driving those debts become Lori Lightfoot’s problem on Monday.
There should be no compromise with those who are looking out for their own bottom line above the good of the state.
An Illinois House bill that would allow more education funding dollars reach the classroom before getting trapped in administration has earned support from both parties – and the opposition of administrators.
Perry County is home to the DuQuoin State Fair, but the prize hog is a pension system eating money needed for public safety and other core services. County employees face layoffs.