Day: July 1, 2022

‘Value’ proposition: Ex-CEO on how Chicago can woo new jobs – Chicago Sun-Times*

When companies look for new locations, they ask about the labor force, higher education, transportation systems and cost of living, Harry Kraemer Jr. said. Chicago historically competes well on all fronts and can boast of other attributes such as growth in tech and life sciences, reliable power and lots of fresh water, the last two of which could be selling points for companies in parched sections of the U.S. where rolling blackouts are a threat. “With all that to say, you’re going to talk about abortion? Really? It’s certainly not obvious to me,” he said.

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Illinois Advocates Call for Universal Child Care, Say Current System is ‘Unaffordable, Unavailable’ – WTTW (Chicago)

The state’s fiscal year 2023 budget includes $598 million, a $54.4 million increase from FY22, for early childhood education. The state has also used federal pandemic relief funds to support child care programs. According to the Pritzker administration, $978 million in pandemic relief funding has reached more than 12,000 child care providers with more than 85% of eligible child care centers and 60% of licensed child care homes receiving direct relief.

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Ralph Martire: Teacher shortage will undo gains in educational outcomes – Champaign News-Gazette*

“According to research done by Linda Darling-Hammond, one of the pre-eminent authorities on education policy, an insufficient number of qualified teachers negatively impacts student achievement. So if Americans are really serious about wanting improved student outcomes, America has to get serious about investing enough tax dollars to pay teachers a competitive wage.”

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Jim Dey: Judge: Gas-tax gimmick not political speech because it’s ‘purely factual’

“On its face, ( U.S. Judge Sue) Myerscough found, the sign language is a straightforward fact, the goal of which is ‘to inform consumers’ of the tax delay ‘and prevent gas retailers’ from ‘deceiving consumers by increasing gas prices by the non-imposed but previously scheduled’ tax increase. So let the word go forth that if motorists buy 20 gallons of gasoline at $5 a gallon, their costs, theoretically, will be reduced by 2.4 cents per gallon (28 cents). Instead of paying $100 for the fill-up, it’ll only be $99.72.”

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COVID-19 surveillance program to get more tax money – Center Square

In 2021, local health departments received approximately $230 million in federal tax funds to perform and improve contact tracing, case investigation, testing efforts, vaccination programs, and community outreach. But a study from the National Bureau of Economic Research gave Illinois a failing grade when combining health outcomes, economic performance throughout the pandemic, and impact on education. Now the program will receive another $10 million in federal tax money from the U.S. Centers for Disease Control and Prevention to continue its work.

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Cook County Forecasts Operating Surplus for Year-End FY2022 and Small Deficit Heading into FY2023 – Civic Federation

The County’s FY2022 outlook improved due to a number of various factors, including inflationary effects on some tax collections, increased fee revenue, increases in one-time revenues, unanticipated growth in property tax payments and payroll savings related to a tight labor market and hiring timeframe, as well as higher than budgeted CountyCare membership.

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