Since 2017, Rockford Mayor Tom McNamara has cut the property tax rate to 1.93% by cutting costs and spending smarter – a playbook other Illinois cities should copy.
The tentative agreement between the Chicago Teachers Union and Chicago Public Schools will further damage charter schools in Chicago. CTU also has been working in the Statehouse to hinder charter schools and place more restrictions on them statewide.
Illinois’ job market continued to struggle in January as the national economy grew. The job troubles were seen in eight of Illinois’ 13 metropolitan areas, with Champaign-Urbana hit the hardest.
Bills filed in the Illinois General Assembly would lay the groundwork to close charter schools or place more restrictions on them. Illinois has a history of restricting charter schools at the behest of teachers unions.
Rockford recently made headlines as the nation’s hottest housing market, but the real story is low supply is driving up prices. Changing zoning laws could spur development that would ease the shortage and prices.
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...
Gov. J.B. Pritzker recently signed an executive order to increase access to housing for middle-income families. While many of the proposed solutions still miss the mark, there are some important supply-side reforms that could mark a positive shift for Illinois.
Job growth was healthy across the nation in November with a gain of 227,000. Illinois’ metropolitan areas lost 3,400, with Peoria losing at the fastest rate.
Nearly 9 in 10 of the Illinois job losses announced in November resulted from businesses closing. Chicago led the state for layoffs, followed by Rockford.
The statewide Illinois job market outpaced the national average. But 13 of 15 metro areas continued to have higher unemployment rates than the U.S. average.