Cook County

Chicago’s $63 billion debt burden

By John Klingner
05/12/2014
It’s no secret that Chicago is in a pension crisis and deeply in debt. Most of that debt comes from the city’s pensions, but health insurance and long-term debt are also a significant part of Chicago’s fiscal shortfall. In total, Chicago residents are officially on the hook for $63.2 billion in government pensions, health insurance...

The impact of Illinois’ education funding overhaul

05/12/2014
After months of hounding by Illinois legislators, the Illinois State Board of Education has finally released a preliminary analysis of Senate Bill 16, a proposed education funding bill that completely transforms how the state distributes money to local districts. Proponents of the bill say the bill makes education funding more equitable. But, as many suburban...

Illinois’ Corruption Hall of Shame, April 2014

By Brian Costin
05/06/2014
April was a very busy month for public corruption stories in Illinois. In total, there were 45 different public corruption-related news stories in just 30 days. A full list of those stories can be found here. Here are the April inductees to the Illinois Hall of Shame: 5. The city of Chicago spent more than...

Illinois Corruption Watch: April 2014

By Brian Costin
04/30/2014
45.  April 30, 2014 Sun-Times: Criminal probe of Quinn anti-violence plan rocks governor’s race A criminal grand jury has launched a probe into Gov. Pat Quinn’s troubled anti-violence program —  once likened to “a political slush fund” — delivering a major blow to the Democrat as he seeks re-election this fall. On Tuesday, the Quinn...

6 reasons why Chicago aldermen should oppose Rahm’s property tax hikes

04/28/2014
It’s no wonder that more and more Chicago aldermen are balking at Mayor Rahm Emanuel’s property tax hike proposal. They know property tax hikes won’t play well on the campaign trail later this year. Emanuel is calling for $750 million in property tax hikes over five years to prop up just two of the four...

Chicago’s collar counties should get their welcome mats ready

04/16/2014
Expect Mayor Rahm Emanuel’s call for property tax hikes to be a boon for Chicago’s collar counties and Lake County, Ind. Cook County residents have been fleeing to neighboring counties for decades, and Emanuel’s proposed hikes – to prop up city pensions – will only increase the outflow. According to IRS data, Cook County lost...

TAGS: Chicago, property taxes

Chicago property taxes: Rahm’s hikes vs. Quinn’s relief

04/10/2014
Gov. Pat Quinn is in a bind. He’s being asked to sign a Chicago pension bill that he knows has no real reforms and no way to pay for itself. By signing the bill, Quinn will give Mayor Rahm Emanuel his blessing to raise Chicago property taxes by $750 million over five years. But that’s...

Moody’s downgrade: Chicago’s path toward junk

03/05/2014
In what’s likely to be a chain of credit downgrades for some of Chicago’s sister governments, Moody’s Investors Services cut the city of Chicago’s credit rating to Baa1 from A3. That downgrade follows the rare triple-notch downgrade the city received last year from Moody’s as a result of the city’s growing and out-of-control pension debt. Excluding Detroit,...

TAGS: credit rating

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Pathway to a Profession: How Apprenticeships Could Reshape Illinois’ Beauty Service Industry

Occupational licensing requirements present one of the steepest barriers to low-income Illinoisans starting careers in beauty services. Illinois requires anyone seeking to become a barber, cosmetologist, nail technician or hair braider to obtain a state license, essentially a permission slip to work. Unlike 45 other states, Illinois offers only one pathway to licensure for each...

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Diana Graham

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

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

By Ted Dabrowski
05/02/2016