Illinois Supreme Court

A way out: Bankruptcy authorization would give struggling Illinois municipalities options

By Joe Tabor
02/10/2025
Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...

Suburban Chicago mayor calls for pension reform

By Dylan Sharkey
11/27/2024
Elk Grove Village Mayor Craig Johnson said state lawmakers need to step in and help fix public pensions. Pension debt is the biggest driver of Illinois’ property taxes, which are the second-highest in the nation.

TAGS: pension reform