Lightfoot Drops Proposal for $42.7M Election-Year Property Tax Hike After Hitting Brick Wall of Opposition – WTTW (Chicago)

Mayor Lori Lightfoot unveils the forecast for the 2023 Chicago budget on Aug. 10, 2022. (WTTW News)

The mayor’s statement did not acknowledge that her proposal was politically dead-on-arrival in an election year at a time when her relationships with City Council members remain at a low point. Instead, she said the faster than expected recovery of the city’s economy from the fiscal catastrophe unleashed by the COVID-19 pandemic meant the property tax hike was

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Will Illinois have fully funded schools by 2027? Not without ramping up funding, advocates say – Chalkbeat Chicago

When the state legislature created the evidence-based funding formula in 2017, it intended for schools to be fully funded by 2027, with at least $350 million added to the formula every year. However, there was no new funding for 2021 – a fallout from the financial hit the pandemic delivered to the state. The state board of education recommended adding more than $350 million into the evidence-based funding formula for fiscal years 2022 and 2023, but legislators stuck with the $350 million minimum outlined in the law.

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Tarver previews veto session at constituents’ meeting – Hyde Park Herald

State Rep. Curtis J. Tarver II said there has been “some ire and some angst among a lot of individuals” about the proposed special session in light of local Black state legislators’ unanswered call for a special session in 2020 after the murder of George Floyd and subsequent unrest as well as the immediate response to the mass shooting in the suburbs and proposals to ban assault weapons when there are chronic shootings on the South Side.

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Commentary: I’m a former police chief. Here’s what’s wrong with the SAFE-T Act. – Chicago Sun-Times*

“The police officer who should be patrolling your community will be on the street less — in most cases, far less.You could have officers doing paperwork for six to eight hours on a single arrest, which is unacceptable. The law will also create apathy and low morale. Officers may think, why bother charging someone with this felony and going through felony review when they are just going to be released without bond anyway? In many cases, this will be true.”

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With property taxes late, Cook County offered suburban communities millions in interest-free loans. – Chicago Tribune/MSN

Of the roughly 500 local governmental bodies across the suburbs that county officials estimated were eligible, however, only 49 applied, with a total ask of $104 million. Not all of the 49 that applied met the eligibility criteria of the program, a county spokesman said, and some applications are still under review. So far, six applicants have been sent funds.

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Gov. JB Pritzker Provides Response To Madison County State’s Attorney’s Views – RiverBender (Alton)

This Letter To Madison County States Attorney Thomas Haine From Gov. JB Pritzker reads, in part, ” the aforementioned report by the bipartisan US Commission on Civil Rights found that 60% of defendants were in jail pre-trial simply because they couldn’t afford bail. That is the broken system that you are defending through fearmongering and unvarnished mistruths.”

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Bidder tied to Mexican gaming company last applicant for Illinois online sports betting license. But it may be forced to drop out. – Chicago Tribune/MSN

Four companies applied to the Illinois Gaming Board in December for the three online licenses, which are not tethered to casinos, racetracks or sports venues, but carry a hefty $20 million licensing fee — twice the maximum for online sportsbooks with bricks-and-mortar partnerships. Three companies have since dropped out or been eliminated. And the remaining applicant, Tekkorp Digital Acquisition Corp., is facing increasingly long odds that it will make it to the finish line.

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