Skokie mulls $175 million budget, but state could force it to pay more for pensions while losing $1.2 million in grocery tax – Pioneer Press*

Mark Glennon on AM560’s Morning Answer: Chicago Fiscal Crisis Worse Than Pre-Bankruptcy Detroit, HIV Surge and Public Health Threat From Open Borders Goes Unreported

April 10, 2026 2 Comments

Summary and audio linked here.

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

April 3, 2026 9 Comments

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.

WBEZ and Chicago Sun-Times falsely blame Texas Gov. Abbott for 2020 to 2024 surge in Chicago Latino HIV, AIDS infections – Wirepoints Quickpoint

March 31, 2026 11 Comments

Expect no retraction or apology. This what they do.

With Discussion Beginning About Pension Buyout Program For Chicago, Beware of Baloney – Wirepoints

March 28, 2026 17 Comments

The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.

Mark Glennon on AM560’s Morning Answer: Chicago’s Fiscal Crisis Has Passed the Point of No Return, Bond Market Already Signaling Collapse

March 25, 2026 24 Comments

Full interview and summary linked here.

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Pensions Paid First

1 year ago

“The village would need to find another revenue stream comparable to raising property taxes by 10% or cutting costs equivalent to 11 firefighters or police officers, per Lockerby’s memo to the Board.”

This sounds awful.

“Lockerby said the village relies on those sources of revenue because of its voluntary freeze on property taxes going back to 1990, and hasn’t had the need to raise its tax levy since then.”

So they have had a voluntary property tax freeze in place for 34 years. I think they can solve this problem.

Paul Boomer

It’s a penny on a dollar, wow! The impact of lost revenue is stunning.

Skokie mulls $175 million budget, but state could force it to pay more for pensions while losing $1.2 million in grocery tax – Pioneer Press*

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Mark Glennon on AM560’s Morning Answer: Chicago Fiscal Crisis Worse Than Pre-Bankruptcy Detroit, HIV Surge and Public Health Threat From Open Borders Goes Unreported

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

WBEZ and Chicago Sun-Times falsely blame Texas Gov. Abbott for 2020 to 2024 surge in Chicago Latino HIV, AIDS infections – Wirepoints Quickpoint

With Discussion Beginning About Pension Buyout Program For Chicago, Beware of Baloney – Wirepoints

Mark Glennon on AM560’s Morning Answer: Chicago’s Fiscal Crisis Has Passed the Point of No Return, Bond Market Already Signaling Collapse

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