COVID relief money saved Chicago Public Schools’ budget. Now the money’s gone – and CPS is in crisis. – Chalkbeat Chicago

A looming cost is pensions for non-teaching staff. Former Mayor Lightfoot shifted a portion of pension costs onto the district in 2020, a practice Mayor Brandon Johnson has tried to continue. But so far this year, the district has refused to pay a $175 million contribution to the municipal pension fund, putting the city on the hook as it faces its own deficit.

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Illinois Gov. JB Pritzker accelerates abortion advocacy on eve of the election – NBC News

If Harris is unsuccessful in her White House bid next week, it would open the floodgates for potential 2028 Democratic contenders. Pritzker, a billionaire with an existing political organization who was elected twice as governor of Illinois and has traveled the country advocating for abortion rights and Democratic candidates, would be well-positioned to quickly launch a presidential bid.

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Despite a hiring freeze, Mayor Brandon Johnson’s administration still made hundreds of new hires – WBEZ (Chicago)

“I think the whole thing was a flop. It just shows there is no fiscal accountability,” said Ald. Scott Waguespack, the former Finance Committee chair and a frequent critic of Johnson’s. “When I see him ignoring his own orders, and other elected officials ignoring those orders, it just shows that to me it’s just a charade that they put in place in the first place.”

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Editorial: Brandon Johnson has a choice in his upcoming budget: Stick it to taxpayers or to city workers. – Chicago Tribune*

“Past mayors and City Councils all share part of the blame. But it is (Mayor Brandon) Johnson who now faces the music. He has complained multiple times about the lot his predecessors left him, but ordinary Chicagoans aren’t patient with such blame-shifting. They elect mayors to run the city and solve problems, not to whine about their misfortune.”

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Delaware-based group spends thousands on candidates across Illinois – Center Square

Several Illinois races are being funded by the “Local Jobs and Economic Development Fund,” which is apparently based in Delaware. In 2022, the group received over $1 million from the Tides Foundation. The Pritzkers, alongside billionaire George Soros, are contributors of the Tides Foundation, an organization that funds other small progressive groups, like Adalah Justice Project.

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‘Millionaire tax’ could push Illinois corporate income tax to highest in U.S. – Illinois Policy

Illinois’ individual income tax and business income tax are linked, with current law permitting the state’s business income tax rate to be increased with the individual income tax rate in an 8:5 ratio. This means a change in Illinois’ individual income tax structure to create a top rate of 7.95% could allow for the state’s top business income tax to be raised to 12.72 percent – an 82 percent increase compared to today.

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Illinoisans should watch out for the next try at a progressive income tax on the November ballot – Wirepoints

Illinois’ Nov. 5 ballot will ask state residents this question: “Should the Illinois Constitution be amended to create an additional 3% tax on income greater than $1,000,000 for the purpose of dedicating funds raised to property tax relief?” To entice more Illinoisans to support the $4.5 billion tax hike referendum – advisory only – the proposal is sugar coated with legislators saying they’ll dedicate “funds to property tax relief.”

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Aldermen expecting Mayor Brandon Johnson’s budget plan to include property tax increase – Chicago Tribune/MSN

Chicago’s property tax levy has risen steadily since 2015, when Rahm Emanuel pushed through a historic increase to begin paying down the city’s accumulated pension debts. In 2014, the city’s total levy was about $860 million. This year, the levy was $1.77 billion. The vast majority of the city’s property tax levy — about 80 percent in recent years — is already dedicated to paying down massive pension gaps.

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Chicago heating bills could double under troubled Peoples Gas pipeline replacement program, report finds – Chicago Sun-Times

Last year, regulators at the Illinois Commerce Commission paused most spending on the pipeline program pending a state investigation of the plan to replace thousands of miles of the aging pipes that deliver natural gas to Chicago homes. Initially estimated at $2 billion when the program launched in 2007, costs have soared to almost $11 billion with only about 38 percent of the work done.

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