One rating agency cited Illinois’ “persistent crisis-like budget environment” as explanation for the state’s near-junk credit. A spending cap constitutional amendment and pension reform could go a long way toward putting the state on a healthier fiscal path.
Illinois House Speaker Mike Madigan, Senate President John Cullerton and state Rep. Robert Martwick are all involved in the clout-heavy cottage industry of property tax appeals.
The Cook County assessor may have to pay $41,000 in fines for accepting donations in excess of the limit allowed by Cook County campaign finance rules.
The office of Cook County State’s Attorney Kim Foxx signed off on a $2 million property tax settlement with the property tax firm headed by Foxx campaign donor Alderman Ed Burke.
A potential strike by Teamsters Local 700 – which represents snowplow operators in Chicago – could have a disastrous impact on travel and safety in the city. Unlike neighboring states, Illinois law enshrines this “right to strike,” thereby giving government worker unions enormous power in bargaining.