Column: State revenues up big for April, only marginally for year – Champaign News-Gazette/Yahoo

Jim Dey: "The bottom line is that the state's overall revenue increases from FY 2024-25 to FY 2025-26 — so far less than 2 percent — are cramping efforts by Gov. JB Pritzker and state legislators to pass a new state budget that will take effect on July 1. ... Last week, a coalition of lobby groups proposed a series of tax hikes that added up to $6.1 billion."

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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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