Ten fiscal and financial stories ignored by Illinois media in 2014 – WP Original

  By: Mark Glennon*   One raison d’être for WirePoints is the Illinois media’s poor understanding of our fiscal and economic problems, which contributes to public ignorance about them. 2014 was more of the same.   Something’s wrong when a few of us writing on nights and weekends see these stories while they go otherwise unreported. Here are a ten of them, which, all humility aside, we emphasized. Many of these relate to public pensions, which is appropriate because they account for the lion’s share of Illinois’ crisis:   Suicidal property tax rates dooming some Illinois communities. When real, effective,

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Statehouse Insider: Will Topinka’s death spark a change in state law? – State Journal-Register

Comptroller Judy Baar Topinka’s untimely death last week exposed a flaw in the state constitution and election law. It turns out neither is particularly clear about what happens under the unique circumstances surrounding Topinka’s passing — someone elected to office who dies before taking that office. http://www.sj-r.com/article/20141213/NEWS/141219788/10511/NEWS

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Uber pressures regulators by mobilizing riders and hiring vast lobbying network – Washington Post

The company — which says its goal is to work with officials to change old laws that its executives argue don’t apply to a phone-app-based service — has carried out this approach repeatedly in cities and states across the country over the past year. http://www.washingtonpost.com/politics/uber-pressures-regulators-by-mobilizing-riders-and-hiring-vast-lobbying-network/2014/12/13/3f4395c6-7f2a-11e4-9f38-95a187e4c1f7_story.html

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Governor-Elect Rauner Critiques Interfund Borrowing – Civic Federation

Rauner called the plan to use $650 million borrowed from Special State Funds for FY2015 General Funds operations “fundamentally wrong.” He critiqued the practice, known as interfund borrowing, due to the requirement to pay back the funds over the next 18 months and the gap it creates in the FY2016 budget. http://www.civicfed.org/iifs/blog/governor-elect-rauner-critiques-interfund-borrowing

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