Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
Despite its residents dealing with a high county and state tax burden, the village of Rosemont has spent millions on frivolous entertainment costs in recent years. Taxpayers shelled out $65,000 for pizza joint.
Christopher Stephens’ family ties landed him a position in local government – and an annual income far eclipsing that of local taxpayers.
Under its agreement with the state of Illinois, the candy company Haribo of America will bring 25 new jobs to its Rosemont headquarters by October 2018, followed by another 30 by October 2021.
The village of Rosemont is moving forward on a $60 million taxpayer-funded baseball stadium.
State and local tax hikes in Illinois have hurt economic growth, lowered the standard of living, and contributed to out-migration.
Trustees in Rosemont, Ill., voted to hike their mayor’s salary to $260,000 – a 53 percent raise.