If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
The Northern Illinois University Board of Trustees approved an expensive severance package for former university President Doug Baker, despite the scandal ending his tenure.
The Board of Trustees at Northern Illinois University granted a $600,000 severance package to outgoing university President Doug Baker, who resigned following a state investigation into his management of the university. But after a court struck down that agreement, the board is set to vote again.
Administrative costs at Illinois universities have spun out of control. The latest example comes as the Northern Illinois University Board of Trustees voted to approve a $600,000 golden parachute for President Doug Baker.