Voters approved the creation of a new town in southwestern Illinois. Now what happens? – Belleville News-Democrat

A consultant did tell voters before the election that residents would save about $430 in their annual property taxes each year when Centreville Township is eliminated as part of the longer term plan. However, that was the only financial detail residents received about how the merger would affect them.
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Fed up neighbor
5 years ago

Keep up the good work southern Illinois maybe Lockport township should heed the warning.

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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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