Under Illinois law, towns that miss required pension contributions risk state intervention. In 2016, Round Lake Park paid less than 40 percent of its required pension contribution.

TAGS: municipal pensions, pensions, property taxes

House bill would shield retirement income from taxation

By Vincent Caruso

04/19/2018

A proposed amendment to the Illinois Constitution would render residents’ retirement earnings off limits for Springfield.

Harvey pension crisis leads to mass layoffs

By Adam Schuster

04/11/2018

Police, firemen and other government workers will be laid off to cover pension costs.

TAGS: Edgar Ramp, municipal pensions, pensions, property taxes

Proposed Belleville budget hikes taxes on residents

By Brendan Bakala

04/07/2018

The proposed $100.8 million budget will spend millions on police and fire pensions as well as a 3 percent pay raise for city workers.

TAGS: Belleville, fees, property taxes, taxes

Chicago Park District pension reform ruled unconstitutional

By Adam Schuster

04/05/2018

The ruling will likely mean higher taxes for Chicagoans.

TAGS: Chicago, Chicago Park District, COLA: cost of living adjustment, municipal pensions, pensions, property taxes

The painful push for a progressive tax in Illinois

By Orphe Divounguy, Bryce Hill, Joe Tabor

04/04/2018

Instead of pushing for further tax hikes on tapped-out taxpayers, lawmakers should rally behind a bipartisan effort to limit state spending.

TAGS: Allen Skillicorn, income tax, progressive income tax, Robert Martwick, spending, spending cap, taxes, Tom Cullerton

Constitution of Illinois

Illinois Senate passes Cullerton budget, out of balance by as much as $1.5B

Proposal: Make Illinois property taxes highest in the nation to pay state pension debts

Senate President John Cullerton says Illinois doesn’t need a revenue estimate

Lawmakers stand for spending cap in Springfield

Round Lake Park’s police pension crisis could result in state intervention

House bill would shield retirement income from taxation

Harvey pension crisis leads to mass layoffs

Proposed Belleville budget hikes taxes on residents

Chicago Park District pension reform ruled unconstitutional

The painful push for a progressive tax in Illinois

Illinois Forward 2027: How to fix Illinois’ state finances

Report Archive

Diana Graham

Process for unionizing non-state workers raises red flags

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students