Illinois HIgh School Assn. chief defends executive salaries – Pantagraph

The executive director of the Illinois High School Association defended the way the organization spends its money during sometimes testy testimony before a House panel on Tuesday. http://www.pantagraph.com/news/state-and-regional/illinois/government-and-politics/ihsa-chief-defends-executive-salaries/article_5059d766-5f10-554d-8d89-127626691c66.html

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Chicago Ranks Tenth Worldwide in PwC’s Cities of Opportunity report – Yahoo Finance

Chicago placed in the top 10 among 30 cities studied by PwC US in the sixth edition of its Cities of Opportunity report. Most notably, Chicago scored highest in the cost indicators category, moving up seven places from 2012 to become the second most affordable city globally, just behind Los Angeles. http://finance.yahoo.com/news/chicago-ranks-tenth-worldwide-pwcs-130000292.html

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Pro-business tax changes vying for Springfield’s to-do list – Crain’s Chicago Business

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New Illinois Tax Proposal Targets Satellite TV Customers…..Again – Reboot Illinois

At the prodding of cable’s lobbyist, the state legislature will again consider a new discriminatory tax on satellite television customers.  The cable industry wants to impose a satellite tax to make it less attractive for consumers. http://www.rebootillinois.com/2014/05/20/editors-picks/andrew-reinsdorf-jeff-blum/lawmakers-consider-tax-proposal-satellite-tv-customers/8877/?utm_medium=social&utm_content=@rebootIllinois&utm_source=twitter

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Drizly, the “Amazon of booze” launching in Chicago – Huffington Post

Now alcohol delivery services are bubbling up across the nation with the promise of choice libations in less time than it takes to order a pizza.  Drizly, a smartphone app that recently launched in Chicago and hits Los Angeles next week, is just one of the services angling to be the “Amazon of booze.” http://www.huffingtonpost.com/2014/05/20/alcohol-delivery-service-amazon-of-booze_n_5358908.html?&ir=Chicago&ncid=tweetlnkushpmg00000059

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Rauner pressures lawmakers on income tax hike – Chicago Tribune

Republican governor candidate Bruce Rauner sought to exert influence in the debate on whether to make permanent a state income tax increase by commissioning automated calls targeting seven Democratic lawmakers. http://www.chicagotribune.com/news/politics/clout/chi-rauner-pressures-lawmakers-on-income-tax-hike-20140520,0,2026363.story?track=rss

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They’re toast: The impossible fiscal situation of many Illinois cities and villages – WP Original

By: Mark Glennon* Why didn’t you tell us? How could you have done this to us? That’s the kind cry we’ll soon hear from both taxpayers and retirees in many local Illinois police and fire pensions when they finally realize how little of their pensions will be paid. Officials and pensioners’ unions haven’t leveled with them, whether because of cowardice or failure to look at plain math. Just what solution is even conceivable for cities like Springfield, Joliet, Rockford and many others that have only 30% or 40% of their police and fire pensions funded? Chicago at least can pretend

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