Guest Commentary: Pritzker taking credit for feds’ bailout on state budget – Champaign News-Gazette*

Ted Dabrowski and John Klingner, of Wirepoints: “It’s those massive injections of federal funding that are responsible for the ‘improvement’ in Illinois’ budget numbers. More cash in the hands of individuals and companies has helped spike income- and sales-tax revenues despite the massive job losses and business closures that resulted from Pritzker’s lockdowns and the general reaction to COVID-19.”

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Illinois once again ranked the least tax-friendly state for middle class families – Kiplinger

“Sorry, Illinois, but you’re the least tax-friendly state in the country for middle-class families. For all three taxes we’re tracking – income, sales, and property taxes – you tax middle-income residents at an above average rate (at least). And for one of those taxes, the rates are extremely high. That’s enough to put the Land of Lincoln in the most undesirable spot on our list.”

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UI trustees lay out case for more state funds: ‘We know that we have to do more’ – Champaign News-Gazette*

“For two decades, public universities have seen declining state support for operations,” CFO Avijit Ghosh said. “We hope that given the state’s improved financial situation this year, we’ll see a reversal in that trend…We now need assistance from the state to continue to keep higher education affordable for Illinois residents.”

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Illinois paid $694 million to keep nuclear plants open, showing why greening the grid is so hard – CNBC

For two of the nuclear plants at stake, the operator, Exelon, had already filed paperwork with federal regulators to shut them down for financial reasons. Lawmakers agreed to pay to keep the nuclear plants open so that Illinois could meet its clean energy goals, and Exelon agreed to keep two other marginal nuclear plants in the state open as well. The deal is a culmination of a lot of painstaking negotiations and “midwestern practicality,” according to Illinois Deputy Governor Christian Mitchell.

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U of I trustees approve request for increased funding – WCIA (Champaign)

The board approved a request for more than $683 million in operating funds for the fiscal year 2023, which is 10 percent higher than the current year’s budget. The request is the first step in the annual budget process and will be submitted for consideration by the Illinois Board of Higher Education, the governor and the Illinois General Assembly.

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Educators on leave or fired for not complying with vaccine mandate, regular COVID-19 tests, speak out – Center Square

Britta Zucco, a kindergarten teacher at Meridian District 15, has been on unpaid leave since Oct. 11 for refusing to show vaccine proof or take part in weekly testing. She said her local union was of no help. “Being required to undergo this medical procedure to be able to walk into my work just really goes against my beliefs, personally.”

 

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Cannabis, gambling and online sales taxes, along with pandemic relief funds, boost Cook County’s bottom line – Chicago Tribune*

The county was projected to face a $121 million deficit next year, a gap that was plugged not only with the federal funding but also higher-than-expected revenue from new taxes such as those on cannabis, gaming and online sales, the last of which particularly bloomed during the pandemic. This year’s shortfall of $410 million, in contrast, had to be balanced with reserve funds and layoffs.
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