-- Connecting the dots between our economy, government and business --
Privatization is uncommon but not unheard of. Lincolnwood and the Barrington Countryside are both privatized. More communities may consider it as they run out of time to wait for action from the General Assembly. via Privatization Not in Cards For Some Illinois Fire Depts. around Chicago area.
There’s a word for anybody who thought last year’s pension bill fixed the state pensions: CHUMP. Back to reality: More bad news for Illinois teachers’ pension fund
http://robparal.com/downloads/GrowingHeartland_June2014.pdf
$131 million spent on lobbying and contribution to like-minded groups by the nation’s biggest teachers union.Their own salaries: President, $411,172 in 2012-2013; no. 2, $347,751; Treasurer,$346,436. http://dropoutnation.net/2013/12/02/nea-131-million-spending-spree/
By: Mark Glennon* Should the solvency of the state and many of its cities, and their capacity to fund schools and other essential services, be determined largely by arcane accounting assumptions set by pension boards of trustees or elected officials choosing to ignore professionally established accounting principles? Public pensions in Illinois effectively soon will be keeping two very different sets of books because new accounting rules take effect next week. One set of books will comply with the new Governmental Accounting Standard Board rules and will go into official government financial statements. It will show a dramatically
– More on the court decision striking term limits and fair mapping off the November ballot. via Voter-driven amendments lose in court – chicagotribune.com.
http://www.pjstar.com/article/20140628/NEWS/140629164
http://www.pjstar.com/article/20140628/NEWS/140629165?template=printart
http://www.chicagobusiness.com/article/20140628/ISSUE07/306289990/killing-ex-im-bank-kills-competition?r=2227D4630701H5V
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