Illinois Finance Authority to sell green bonds for clean water – The Bond Buyer
The Illinois Finance Authority will go to market with an $850 million deal for the Illinois Environmental Protection Agency next week, replenishing the state revolving fund loan program’s clean water initiative and refunding two series of bonds previously issued by the authority.
Citing a 2017 report from the Center for American Progress, a liberal think tank, the brief argues economies are stronger in places where local governments have sanctuary policies. Undocumented immigrants contribute an estimated $1.5 billion in taxes annually in Illinois, according to data from the Institute on Taxation and Economic Policy included in the filing.
Illinois one of 13 states with higher taxes.
Lawmakers won’t pursue the structural reforms needed to fix CPS, so the only real short-term fix is to cut the district’s ballooning costs. Like shuttering the district’s dozens of near-empty schools. Or rolling back the massive increase in non-teacher staff hired during covid. Or holding the line on teacher salaries, which are now among the highest in the country.