Comment: This article makes pretty much the same criticisms as ours on the draft recommendations by the Property Tax Relief Task Force. From this article: “The draft report of the property tax relief task force offers little hope that elected officials will do what’s necessary to reverse these trends.”
Mayor Lori Lightfoot’s move to study whether gay- and transgender-owned businesses should get city contracting set-asides similar to those for minority- and women-owned companies advanced Tuesday despite black aldermen’s concerns about how such status can be verified and that it could mainly benefit white men.
Companies moved into more downtown Chicago office space in 2019 than in any year since before the Great Recession, keeping the good times rolling for landlords into the new decade. But some landlords still have big holes to fill.
There’s a perfect demographic storm brewing in Illinois that threatens to take retirement security for government workers from bad to worse: Illinois’ boomer generation is hitting retirement age just as Illinoisans and their wealth are migrating out of the state at a record pace.