Illinois

Illinois school districts seeking 14 countywide sales tax hikes in November

By Brian Costin
09/12/2014
School districts in 14 Illinois counties are pushing for countywide increases in sales tax rates. These counties are utilizing the 2007 Illinois County School Facility Tax Act, or ICSFTA, which allows school boards representing 51 percent of a county’s population to put a referendum on the ballot for a countywide sales tax increase to fund...

TAGS: education, sales tax

Good politics makes bad policy on Emanuel minimum-wage hike

By Jane McEnaney
09/12/2014
On Sept. 3, Chicago Mayor Rahm Emanuel signed an executive order requiring city contractors to immediately hike wages for the city workers they employ to $13 per hour from the current rate of $11.93 per hour. The current rate is already nearly 45 percent higher than the statewide minimum wage of $8.25 per hour. Illinoisans...

TAGS: Chicago, minimum wage, Rahm Emanuel

Illinois Medicaid redetermination increasingly important to control costs

By Naomi Lopez Bauman
09/10/2014
The proportion of Illinois Medicaid enrollees found to be ineligible remains high, according to the state’s Medicaid Redetermination Project Quarterly Report for the second quarter of 2014. But here’s the kicker: The state will end up paying for more and more of them, regardless of eligibility. According to the report, 55 percent of the reviewed...

Illinois employers forecast 1,300 layoffs

By Austin Berg
09/09/2014
More than 1,300 Illinoisans will be laid off in coming months, according to notices filed in accordance with the Workers Adjustment and Retraining Notification Act, or WARN. Among the cuts listed in the August WARN report are 418 jobs lost in conjunction with Hostess Brands’ shuttering of its Twinkie factory in Schiller Park – the...

TAGS: jobs, unemployment

Minority employment tanks under Quinn

By Michael Lucci
09/08/2014
Minorities have suffered disproportionately under the failed economic policies of Gov. Pat Quinn. From its pre-recession peak through 2013, the black employment rate has plummeted by 7.1 percentage points, more than any other racial group in Illinois. Fewer than half of black adults are employed in Illinois. And the black male employment rate has been...

TAGS: jobs, unemployment

Can Illinois’ dead-last credit rating get any worse?

By Naomi Lopez Bauman
09/08/2014
According to ratings agency Standard & Poor’s 500 Illinois’ credit rating is the worst among the 50 states. We are the only state in the country with an A- credit rating – on par with nations such as Botswana, Latvia and Slovenia And Illinoisans should be aware of the possibility that we could be headed...

TAGS: credit rating

A legislative agenda for entrepreneurs

By Michael Lucci
09/08/2014
Illinois has become infamous for encouraging cronyism and discouraging entrepreneurship, but there are a number of steps state lawmakers could take to end this cycle and encourage growth. Without serious changes, Illinois will continue on a cycle of job loss and economic decline. According to the Kauffman Foundation, Illinois ranks near the bottom for entrepreneurial...

TAGS: Chicago, jobs

Illinois corruption watch, August 2014

By Brian Costin
09/05/2014
At least 84 corruption-related stories have been reported from across the state of Illinois in August alone. Atop August headlines is the recent revelation that a federal grand jury subpoenaed the emails of Gov. Pat Quinn’s ex-chief of staff in relation to Quinn’s anti-violence grant program. The case, which has been referred to by some...

TAGS: Chicago, corruption, cronyism, transparency, waste