Illinois state and local pension debt now tallies $218 billion with both debt to GDP and funding ratios the worst in the nation, according to a new Equable Institute report.
Chicago can’t afford to wait on immediate crime reduction efforts – the city needs a plan. Unfortunately, no concrete details have emerged on how the new administration plans to address public safety, the No. 1 issue on Chicagoans’ minds. Here are nine steps Chicago officials could take to begin curbing crime today.
Chicago Mayor Brandon Johnson and progressive allies said the city can find fiscal flexibility by taxing big business. The city is already home to the second-highest commercial property taxes in the nation.
Illinoisans face the second gas tax hike of 2023 on July 1. The 3.1 cent hike doesn’t need lawmaker approval, thanks to state leaders implementing automatic gas tax hikes.
The typical racing fan will pay an extra $22 for general admission to Chicago’s NASCAR “Street Race Weekend” thanks to the city’s amusement tax. Luxury seating could cost residents more than the price of a standard ticket in taxes alone.
Illinoisans face the second gas tax hike of 2023 on July 1. The 3.1 cent hike doesn’t need lawmaker approval, thanks to Gov. J.B. Pritzker implementing automatic gas tax hikes.
Memorial Day weekend means millions will hit the road, but Illinoisans should try and fill up across states lines to avoid some of the nation’s highest gas taxes.
Former Cook County Commissioner and Chicago Teachers Union lobbyist Brandon Johnson will be sworn in as the 57th mayor of Chicago May 15. Here’s what Chicagoans should know about his political ties, policy proposals and prospects.
The proposal by state Sen. Robert Martwick is intended to fix a technical problem with the Tier 2 pension system, but Martwick said he doesn’t know how much it could cost taxpayers. He said it could be “billions.”