Can a governor legally campaign for a ballot initiative? – INN

Will Gov. J.B. Pritzker have to stop pushing for his graduated tax plan if the constitutional amendment makes it to the ballot?

Illinois state law bans the use of public funds to promote a ballot initiative as well as a constitutionally-elected officer from “campaigning for any elective office or for or against any referendum question.”

Read More »

Survey shows little enthusiasm for Chicago real estate – Crain’s

Chicago ranked among the least popular urban commercial real estate markets in the world in the survey of institutional investors by A Fellowship for International Real Estate, or AFIRE, a Washington-based industry group. The survey confirms a growing belief that investors are growing wary of buying properties here amid expectations that income and property taxes will rise to plug gaping budget holes caused by unfunded public pensions.

Read More »

Chicago is still losing population – Crain’s

There were 22,000 fewer residents in the 14-county metro area than in 2017, a drop of 0.2 percent, and the first time since 2010 that the area’s population has slipped below 9.5 million people. Cook County, which accounts for 55 percent of the population in the metro area, lost 24,000 residents. DuPage and Lake counties, the second- and third-largest, respectively, each lost about 2,000 residents. The exurbs of Will, Kane and Kendall counties saw modest growth of fewer than 2,000 residents each.

Read More »