State ends fiscal year with record revenue – Capitol News IL

“Whether this record will be surpassed in FY 2026 remains to be seen, though the FY 2026 enacted budget assumes revenues of $55.297 billion – nearly $1.3 billion above the FY 2025 final total,” Commission on Government Forecasting and Accountability Revenue Manger Eric Noggle wrote.

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Alderman Ray Lopez Talks the Talk, but Will He Walk the Walk? – Martin Prieb’s Crooked City

“Perhaps even after all his years as an alderman, Lopez still doesn’t understand that the radicalism he rants about in the city council and the settlements he grudgingly bemoans are two sides of Chicago’s corruption, the one feeding off the other. Police misconduct lawsuits are, at their essence, not only the moneymaking machine of the radical left, but they are also the crucial narratives upon which the left justifies their existence and their passion.”

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It takes 130 days to use a Chicago Housing Authority voucher – A City That Works

“The CHA waitlist to get a voucher is closed – which means families *can’t even apply*. The last time the waitlist opened was in 2014, when 75,000 families were added before it closed again. But there’s a big difference between getting a voucher and getting a place to live. In 2022, only 58 percent of the households with a voucher searching for a place to rent in Suburban Cook County were successful.”

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Chicago’s Incredibly Shrinking Newspaper – Chicago Contrarian

“Another Chicago newspaper will be shrinking soon; this time it’s the Chicago Tribune. Two weeks ago, Tribune Publishing, which is owned by Alden Global Capital, a hedge fund firm, notified the paper’s union, the Chicago Tribune Guild, that buyout offers for Tribune employees were on the table for staffers. If this sounds familiar, just three months ago, 30 employees, — 20 percent of its workforce — accepted buyouts from the Chicago Sun-Times.”

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“Chicago’s Morning Answer” cuts Amy Jacobson – Axios

After she was fired from NBC Chicago in 2007, Jacobson moved into a radio career, eventually settling in as co-host alongside Dan Proft. The two enjoyed success as one of Chicago’s most conservative radio programs, routinely slamming Illinois leaders, including President Barack Obama and Illinois Gov. JB Pritzker.

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Chicago Public Schools laid off 161 employees. More cuts could be on the way. – Chalkbeat Chicago

In a statement, the CTU said it is planning to drum up support for more state funding this summer by knocking on doors and visiting state lawmakers. “Parents shouldn’t have to be worried about if their child’s class will have a chemistry teacher or if there will be staff to meet the needs of their IEP, and educators shouldn’t have to spend their summer attending job fairs instead of planning lessons for the coming school year,” the union said.

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Commentary: 6,745 reasons to be thankful Illinois state lawmakers fail to do more – Center Square

Brad Weisenstein, of the Illinois Policy Institute: “They introduced 6,745 bills during the legislative session that ran from January until May 31. Of those, 3,859 clever lawmaker ideas came with costs because they changed how the state operates. Those taxpayer liabilities were all but unknown because lawmakers only bothered to ask for the price tags on 10 of those bills.”

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Growing Cost of Chicago Police Misconduct Lawsuits Sparks Debate – WTTW (Chicago)

“I think the city’s paid $1.1 billion since 2010 in lawsuits, about $700 million in lawsuits that were paid on police lawsuits, and particularly did not involve proving the individuals were innocent, rather was associated with police misconduct,” Paul Vallas said. “The 200 cases in the pipeline right now that could cost the city, if past patterns suggest, could cost the city anywhere from $1 billion to as much as $2 billion in taxpayer-funded settlements.”

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Editorial: Financial hits keep on coming, and City Hall’s only response is excuses – Chicago Tribune/Yahoo

“The reality is, the Johnson administration had months to come up with a Plan B as the likelihood grew that CPS wouldn’t float more junk-rated debt to cover the pension cost. The mayor chose not to do so, preferring to pin the blame on outside forces. That’s the sort of fiscal ‘stewardship’ that has seen Chicago’s credit rating downgraded once already under Brandon Johnson — with the potential for more downgrades as the city continues to take on more debt and faces a 2026 budget deficit topping $1 billion.”

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