-- Connecting the dots between our economy, government and business --
The need to increase property tax is due to Illinois requiring local police and fire pension funds to reach 90 percent funding by 2040. Homewood’s Police Pension Fund currently is funded at 55 percent, and the Fire Pension Fund is at 72.2 percent. The village must contribute $2.98 million to the police fund and $985,580 to the fire fund next year to stay on track.
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Audio and summary Why the Holdup Using Artificial Intelligence to Cut Illinois Government Costs? – Wirepoints
May 19, 2026
8 Comments
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Note to readers from Mark Glennon re: Ukraine
May 6, 2026
4 Comments
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Wirepoints’ Mark Glennon on AM560’s Morning Answer – Chicago’s struggling commercial real estate and more
April 22, 2026
5 Comments
Summary and audio linked here.
Audio and summary
Perhaps taxpayers are being punished for not voting OR for reelecting Dems in state elections. This may not be the fault of local politicians (not something I have researched). We need to turn out more voters who are not public employees or those on the dole. Support public safety by sending sense to Springfield.
Wait…wasn’t this the Quincy story?
Just think what this article means when applied to Chicago’s Police and Fire Pension funds which are funded at less than half the percentages mentioned here. Massive tax increases are coming.
How about trying pension reform instead