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.
Former Gov. Bruce Rauner vetoed a bill that would have made it easier for McHenry County residents to consolidate their townships. Renewed bipartisan support has sent it back to the governor’s desk, now occupied by Gov. J.B. Pritzker.
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.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.