Editorial: Exelon wins again – Champaign News-Gazette*

“Legislators will pat themselves on the back for passing the energy bill, pointing mostly to the sections that require all fossil-fuel plants in Illinois to be phased out by 2045. That is a welcome advancement in terms of cleaner air and reduced contributions to climate change. But opponents of the legislation counter that the 2045 deadline may be little more than wishful thinking. If there isn’t enough electricity produced in Illinois by that time, we could end up getting it from coal-fired plants in Indiana and Kentucky.”

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Group warns against public financing for Bears stadium – Center Square

Several NFL teams have used public financing to pay for new stadiums, including a 45% share of Minnesota Vikings stadium, and a whopping 86% share in Indianapolis for the Colts stadium. The Bears previously discussed the possibility of building a stadium in Arlington Heights nearly 50 years ago, but instead renovated Soldier Field with the state of Illinois raising funds to help the team do so.

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2 things Waukegan can do to nurture students’ futures – Illinois Policy

Local and state funding to train and hire more school counselors or provide support for students is increasingly crowded out by ballooning administrative costs and pension burdens. Reforms that could put more money toward students include consolidating district-level administration as well as changing the Illinois Constitution so the growth rate of public pensions can be controlled.

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Rockford sees public pensions eat nearly 40% of municipal property taxes – Illinois Policy

For Rockford to avoid running out of money in five years, the city would have to eliminate 40 sworn police officers, close an entire fire station, freeze all city employee wages to 2019 rates, and even sell its water system, consultants in 2018 advised if the city were to continue absorbing rising pension costs. These were just a few of the cuts needed to avoid fiscal disaster.

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The end of COVID-19 homeowner protections is unlikely to bring a wave of foreclosures, but some Chicago property owners could be hit harder – Chicago Tribune*

The number of home borrowers who are significantly behind on their mortgages has dropped since summer 2020, but Chicago is recovering more slowly than other major cities, said research analyst John Walsh. “The concern really is the equity not being where it is in other states, not having recovered as much housing equity since the (2008) recession.”
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For Black entrepreneurs, the dream of opening a pot shop remains just out of reach – Chicago Sun-Times*

Judge Moshe Jacobius, who put an indefinite hold on the dispensary permits, explained, “Counsel says that if you ultimately rule that the whole structure was improper, then the whole thing will have to be redone over again. That may very well be, but I can’t anticipate what’s going to happen. … But then, everybody then would be subject to just another application process or another lottery, who knows what.”

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Editorial: Mayor Lightfoot’s plan to use asset forfeiture to curb violence looks like an empty move – Chicago Sun-Times*

“But asset seizures strike us as an outdated approach that might’ve worked in the 1980s against East Coast organized crime bosses and South Florida drug dealers, but would be virtually useless in curbing the violence on the streets of Chicago today — especially given that the violence is concentrated in poor neighborhoods where assets are few to begin with.”

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