Springfield

Institute on FOX Chicago: Illinois Bad for Business

12/31/2010
Illinois already has a bad reputation as a place to do business and the new tax increase approved in Springfield is only going to make the situation worse, according to critics of the tax increase.

Durbin Votes for Earmarks

By Chris Andriesen
11/30/2010
by Kristina Rasmussen Illinois Senator Dick Durbin help to vote down a proposed Senate ban on earmarks today, reports The Hill. As if tea pot museums and bridges to nowhere weren’t enough, Illinoisans had yet another reason to oppose Congressional earmarks. According to a new Cato Institute study by Brandon Arnold, Illinois is an “earmark donor state”—one that receives...

Illinois Sportsmen to DNR: Where’s Our Money?

By Chris Andriesen
10/28/2010
by Lee Williams Download a formatted version of this report, complete with a table of the Pittman-Robertson Act contracts awarded by the Illinois Department of Natural Resources, here. SPRINGFIELD, IL.—The Illinois Department of Natural Resources is misappropriating millions of dollars that should have been earmarked for the state’s sportsmen. The Pittman-Robertson Act, an 11-percent federal tax on...

Peoria: Good Vibes and a New School Choice

09/17/2010
by Collin Hitt Central Illinois’s newest charter school held an open house last night. I drove up from Springfield to check it out. Called Quest Charter Academy, the school will grow to enroll children in grades 6 through 12.  It’ll focus on math and science, and will mirror the international compass of local businesses like...

Pension Systems Selling Assets to Cover Benefits

08/25/2010
by Kristina Rasmussen From Crain’s: Illinois Teachers’ Retirement System, Springfield, plans to sell $3 billion in investments, or about 10% of its $33.1 billion in assets, in the current fiscal year to pay pension benefits, according to Dave Urbanek, public information officer. The system is the fifth Illinois statewide defined benefit plan to sell off investments this...

The State Un-Fair Questions and Answers

08/24/2010
by Amanda Griffin-Johnson The Institute recently released “Spotlight on Spending #9: The State Un-Fair” reviewing the Illinois and DuQuoin State Fairs between fiscal year 2001 and fiscal year 2009. There has been some confusion about the paper, and we’d like to take a blog post to help clarify some of these questions. 1. “If you can...

ISBE Road Trips Cost Taxpayers Millions

06/30/2010
by Kate Piercy According to the State Journal-Register, five key employees of the Illinois State Board of Education (ISBE) have combined to spend more than $300,000 on travel since fiscal year 2005. In addition, the agency has spent $1.2 million to $1.32 million on travel overall in each of those years. Apparently, a good portion of...