Johnson administration passes on state funding for publicly owned grocery store – Chicago Tribune/Yahoo

The $20 million Illinois Grocery Initiative, which Gov. JB Pritzker signed into law in 2023, was created to help open or fund grocery stores in “food deserts” statewide. Chicago leaders throughout multiple mayoral administrations have struggled to address grocery store closings, in some cases doling out public funds to bring in private grocers that later close stores in the city’s underserved neighborhoods.

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Analysis: Several Illinois cities near top for highest real estate taxes – Center Square

“Out of the top 20 places with the most expensive real estate taxes, Illinois had six cities in the ranking,” said SmartAsset researcher Jaclyn DeJohn. Peoria led the entire country with the highest effective property tax rate in 2023 at 2.6 percent of the median $168,900 home value, with a median tax bill of $4,455 a year. Rockford came in second at 2.4 percent and a median tax bill of $3,452.

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Lawmakers introduce legislation to recall elected officials in Illinois – Center Square

Using examples as former House Speaker Michael Madigan, who is on trial for bribery, and current Dolton Mayor Tiffany Henyard, whose government is shut down, state Rep. Dan Ugaste said the measures would address corrupt politicians. “The fact that there’s no mechanism for removal prior to the next time they are up for office is absolutely unacceptable,” he said.

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Bally’s warns investors that ‘heightened criminality or the perception of danger’ could torpedo its Chicago casino – CWB Chicago

“Our business and our assets are planned to be primarily located in Chicago, Illinois, a city which has recently experienced very high levels of criminality and civil unrest,” Bally’s said on page 54 of its filing. The company stated that “heightened criminality or the perception of danger among our customers” could impact the Chicago property’s bottom line.

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Cook, St. Clair County judges can’t undo reforms that may limit judges’ pension benefits – Cook County Record

“Judges and legislators receive ‘more favorable Tier 1 benefits rules than members of other systems,’ including higher multipliers and higher caps on retirement annuities,” Cook County Circuit Judge Alison C. Conlon wrote. “Judges and legislators also enjoy higher average salaries and retirement annuities than participants in other state-funded systems. … There is a rational basis for enacting these reforms to protect the health of the Illinois Judges Retirement System … while still attracting quality candidates for public office.”

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What Makes Day Labor So Difficult For Chicago Migrants – Block Club Chicago

For decades, Chicago immigrants have turned to informal gigs, often solicited on street corners or in Home Depot parking lots, in hopes of earning money to survive. But unlike publicly funded hiring halls in California and Texas, where day laborers can safely connect with contractors and negotiate pay rates, Chicago’s day labor industry is rife with wage theft, unsafe working conditions, physical violence and exploitation.

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Chicago leaders prepare for ‘TIF cliff’ as several city special taxing districts expire – Chicago Tribune/Yahoo

It’s the latest chapter in Chicago’s long history with TIFs, which supporters have praised for spurring growth in struggling neighborhoods and critics have hammered as little more than opaque slush funds for aldermanic and mayoral pet projects. Council members quietly got the ball rolling weeks ago during the chaos of passing this year’s city budget. They let 13 TIF districts expire and extended eight others for another 12 years.

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A warning about Chicago crime pops up in an unlikely place – Crain’s

Bally’s pitch to investors in its Chicago casino also comes with an unusual warning: “Our business and our assets are planned to be primarily located in Chicago, Illinois, a city which has recently experienced very high levels of criminality and civil unrest. Heightened criminality or the perception of danger among our customers, and events of civil unrest, at or in the vicinity of any of the facilities that we operate and intend to operate, including our temporary casino and our permanent resort and casino, could result in a decline in customer traffic and spending patterns, which would result in

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West Loop office building sells for 83% less than 2013 price – Crain’s*

Los Angeles-based Brog Properties late last month paid about $18.5 million for the mostly empty 16-story office building at 550 W. Washington Blvd.  The sale price of about $50 per square foot was 83% less than $111 million that the seller paid for the building just west of the Ogilvie Transportation Center when it was almost fully leased in 2013.

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As Illinois politicians keep pushing progressive tax schemes, other states keep dumping them. Louisiana is the latest. – Wirepoints

The push for a progressive tax is back in Illinois, just four years after being rejected soundly by voters. Its proponents say Illinois needs a more “modern” taxation scheme. That argument falls flat given what’s happening across the country. Since 2022 alone, eight states have dumped progressive tax schemes in favor of flat tax rates, with Louisiana joining the list just last month.

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Politicians expect Illinoisans to accept the unacceptable and believe the unbelievable, 2025 is the year to change that. – Wirepoints on with Jeff Daly of WZUS Decatur Radio

Ted joined Jeff Daly to reflect on the past year and Illinois’ many problems, the 2024 population gain that was due to a surge in illegal immigrants, the fact that Peoria’s school superintendent is on track for the national “superintendent of the year” despite just 1 in 10 minority students reading at grade level in Peoria, why Peorians are paying the nation’s highest property taxes, and more.

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Illinois lawmakers consider an array of measures in final days of lame-duck session – Chicago Tribune/Yahoo

Under one measure, customers of Commonwealth Edison and Ameren would pay into a pool of money that the companies would use to expand energy efficiency. “The utilities might be replacing something as simple as replacing old light bulbs with LEDs, or giving a grant to an industrial site to put a new conveyor belt in that would be more energy efficient,” said Sen. Bill Cunningham.

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