$250M to assist Illinois communities in COVID-19 response – ABC20 (Springfield)

The state will expedite a portion of dollars from the Coronavirus Relief Fund (CRF) designated for local governments by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Cook, DuPage, Will, Kane, and Lake Counties have already received direct allocations of CRF dollars under the CARES Act.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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