More than 9,000 Illinois school district administrators earn more than $100,000 a year. Each of them will collect at least $3 million in pension benefits during retirement.
Chicago is the most corrupt city, and Illinois the second-most corrupt state, in the nation, according to a recent report by the University of Illinois at Chicago. But corruption in Illinois is more than a buzzword. It comes with social and economic costs. Not only does corruption lessen residents’ faith in the government, it decreases...
The Chicago Teachers Union is threatening to strike, as negotiations with the city begin to stretch into the coming school year. It would be the union’s third strike in seven years.
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.
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.
Two of the nation’s largest government union strikes in the past decade happened in Illinois – both by the Chicago Teachers Union. And now a bill in the General Assembly would give Chicago teachers more chances to go on strike.
A group led by former Illinois Gov. Pat Quinn is one step closer to getting a binding referendum question on the November ballot that would place term limits on the mayor of Chicago.
Reforming future benefit growth via a constitutional amendment is the only way to ensure the retirement security of government workers, protect taxpayer budgets and fulfill the needs of Illinoisans reliant on core services.
At least 300 Chicago Public Schools employees have stopped paying fees to the Chicago Teachers Union after the U.S. Supreme Court ruled they could not be forced to pay the union just to keep their jobs.
Nearly a third of property tax revenue in Chicago is diverted into 143 TIF districts controlled by the mayor, nearly half of which are located in affluent neighborhoods.
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.