Illinois’ debt per student is the 11th highest of any state in the nation. It is almost 15 percent higher than the national average of $8,764.View Report
Lucrative compensation for government workers stands in stark contrast to the city’s budgetary struggles and a flagging local economy.
After a tax hike spree from Chicago-area politicians, residents are stuck paying more only to carry an ever-larger load of debt.
The new taxes are planned to pay for road maintenance and improvement as well as general use. As is the case in communities throughout Illinois, pension costs are crowding out other spending in Oswego.
Until Illinois lawmakers get serious about economic growth, don’t expect the state’s jobs trend to get off the depressing path it’s been treading for years.
Gov. Bruce Rauner has signed a school funding reform bill containing Illinois’ first-ever tax credit scholarship program.
A new property tax hike worth as much as $148 million is set to hit Chicagoans as part of the latest school funding proposal. That’s on top of the record-breaking property tax hikes Mayor Rahm Emanuel approved in 2015 and a litany of other city and county taxes and fees.
Illinois is taking small steps toward consolidating some of its duplicitous local governments, but bold reforms are needed to start addressing the state’s nearly 7,000 taxing bodies, the most in the nation.
Senate Bill 3 marks an important step in the right direction for local government consolidation, but there’s more to be done.
Unfortunately, exchanging money for lower property tax bills is nothing new at the Cook County assessor’s office.
Madigan, Martwick and Mautino are cogs in a well-oiled political machine that continues to enrich Illinois' political class at the expense of taxpayers.