Drop in casino revenue, taxes underlines challenge for Lightfoot – Crain’s

According to the Commission on Government Forecasting & Accountability, the casino business in Illinois appears to be mature and then some, with revenue flat to down and gamblers flocking to alternate ways to put down a wager, such as video poker.

That could limit the hundreds of millions of dollars Chicago hopes to eventually reap to help pay old pension bills, even if the casino would serve a relatively untapped market: downtown tourists and conventioneers.

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A Trump Rescue for the Obama Presidential Center? – Wall Street Journal

Former President Barack Obama has been battling community organizers opposed to his plan to build an Obama Presidential Center in Chicago’s historic Jackson Park. Adding to the irony, an Obama project opponent now says that the former President is relying on the Trump deregulatory agenda to steamroll objections from environmental activists.

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Illinois Secretary of State apologizes for automatic voter registration problems – Center Square

A union representing Secretary of State Employees picketed outside the capitol Tuesday. Deneen Taylor, representing 98 IT employees in White’s office, said management was failing.

“This technology and the demands are increasing yet the number of employees to hold those positions and make sure everything is up to date and working properly aren’t there and that rests on the Secretary of State and their hiring,” Taylor said. Taylor said members were ready to strike for more money and improved hiring practices.

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Mayor Lightfoot attends Trump’s State of the Union speech: ‘divisive, offensive’ – Chicago Sun-TImes

Lightfoot said she was prepared to walk out as Trump scorched “radical politicians” who provide sanctuary for “criminal illegal aliens” if he mentioned Chicago; instead he slammed New York and California.While Trump was met with a rousing welcome from Republicans, Speaker Nancy Pelosi tore up his speech when he was done.

The speech, Lightfoot said, “makes me more resolved to do everything I can to change the results in November.”

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City Treasurer’s scorecard seeks diversity, social responsibility from financial firms – Chicago Sun-Times

Financial firms looking to manage the city’s $8.5 billion portfolio must now demonstrate commitment to diversity hiring and social responsibility under a newly launched scorecard system to be unveiled Tuesday by City Treasurer Melissa Conyears-Ervin. That scorecard resulted in 40% of the asset management firms that contracted with the City Treasurer’s office last year being dropped.

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What was left unsaid in Pritzker’s speech spoke volumes – Editorial – Crain’s

“The graduated income tax proposal that forms the basis of so many of Pritzker’s plans requires a constitutional amendment—creating an opening to push through a pension fix at the same time. Pritzker won’t walk through that door, no doubt because the unions that helped him win office wouldn’t like it much. But the responsibility Pritzker won was to represent the interests of all Illinoisans, not just those who carry a union card.”

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A Huge Mess – Points & Figures

“Last week I moderated a discussion at the University Club of Chicago on the Illinois and city of Chicago pension crisis…. To say that it was a depressing conversation was an understatement.”

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Reforms May Be the Downfall of Pension Funds – Opinion – Bloomberg

“I’ve argued before that it is shorter-term cash considerations that pose a danger for pension funds, and that the system will not suddenly blow up, but rather slowly unravel. Looking at aggregate numbers is misleading…if enough of the 6,300 state and local pension plans fail, it will cause legal and political changes that will likely end the current system of partially funded defined-benefit plans for public sector employees. That could happen in the next recession.”

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Disgraced state Sen. Martin Sandoval aided a political donor by pressuring IDOT to use asphalt material suspected of causing new roads to crack – Chicago Tribune

One of his biggest campaign contributors, asphalt magnate Michael Vondra, had cornered the market on recycled roof shingles for use in road projects. But questions were mounting about whether the eco-friendly pavement material was causing roads to crack more quickly, and the Illinois Department of Transportation tightened the rules over its use.

Sandoval, the chairman of the Senate Transportation Committee, sent a threatening letter to the acting head of IDOT criticizing the move. The senator accused her of breaking the law, told

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The Atlantic made Rahm Emanuel a contributing editor. Then, suddenly, he wasn’t. – Washington Post

The Atlantic earlier announced that Emanuel was joining as a contributing editor. But that apparently ended after a group of black staffers objected because of his alleged role hiding evidence about the Laquan McDonald shooting. “It did not simply ‘happen on his watch;’ as mayor, he consciously used his authority to prevent the public from knowing what occurred” they wrote.

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DuPage towns asking state to restore funding – Daily Herald

Local governments have long received a share of the state income tax revenue collected in their areas. But several years ago, Illinois reduced the amount of such revenue municipalities and counties receive from the Local Government Distributive Fund. Now the DuPage Mayors and Managers Conference says it will lobby to get that money back during the 2020 legislative session.

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Gamblers Still Waiting for Sports Betting in Illinois – WTTW

“There are too many cooks in the kitchen,” said Sam Panayotovich, sports betting analyst for NBC Sports and a former sports anchor for WGN radio. “The leagues want a piece. The (state government) wants a big cut. The tax rate is too high. There are just too many things that too many people want and it just makes everything just way more difficult.”

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Lower-priced suburban housing markets were 2019’s strongest – Crain’s

Sifting through year-end data on 199 suburbs, Crain’s found 13 where three indicators improved during the year: more homes sold, faster and at a higher median price in 2019 than in the previous year.

In a dozen of those 13 towns, the median price of a home sold during 2019 was below the metropolitan area’s median sale price for the same period, $237,500.

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Municipal and School Officials Push Equity Crusade To Boost Minority Outcomes – City Journal

“[O]ne of [Lightfoot’s] first moves as mayor was to appoint . . . a chief equity officer…. Lightfoot was inspired to create the new post partly by the Chicago Public Schools, which the year before had appointed its own equity officer and debuted a ‘Curriculum Equity Initiative,’ which called for course work to be ‘fair across race, religion, ethnicity and gender; and culturally relevant with the mindful integration of diverse communities, cultures, histories and contributions.'”

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CPD using controversial facial recognition program that scans billions of photos from Facebook, other sites – Chicago Sun-Times

The Chicago Police Department is using a controversial facial recognition tool that allows investigators to search an image of unknown suspects to see if it matches a database of three billion photos lifted from websites like Facebook, YouTube and Twitter — a technology privacy advocates say is so ripe for abuse that cops should stop using it immediately.

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Editorial: Ethics reform in Illinois? Go after party leaders or go home – Chicago Tribune

“[B]eyond reform that can be scratched on paper, changing the culture of business as usual in Springfield and at City Hall requires a revolt. It requires voters to prioritize ethics reform at the ballot box, and it requires political leadership willing to light a blowtorch. If that revolt doesn’t start with party leaders, don’t even dream of change. It’s got to come from the top and from the inside.”

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So Long, California? Goodbye, Texas? Taxpayers Decide Some States Aren’t Worth It – Wall Street Journal

Two years after President Trump signed the tax law, its effects are rippling through local economies and housing markets, pushing some people to move from high-tax states where they have long lived. Parts of Florida, for example, are getting an influx of buyers from states such as New York, New Jersey and Illinois.

Rick Bechtel, head of U.S. residential lending at TD Bank, lives in the Chicago area and said he recently went to a party where it felt like everyone was planning their moves to Florida. “It’s unbelievable to me the number of conversations that I’m

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The myth of the urban boomer – NYT

Boomers today are actually less urban than previous generations of older people.

In 2018, 17.8% of people ages 54-72 lived in urban neighborhoods, defined based on neighborhood density. That’s down from 18.2% for that age group in 2010, 19.9% in 2000, and 21.6% in 1990. The downward trend is similar whether looking at all urban neighborhoods or just the highest-density ones

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Harvey seeks to resume control of water operations, alleging receiver appointed to oversee department is ineffective – Southtown

In July 2017, with Harvey more than $20 million in arrears on its water bills to Chicago and continuing to improperly divert water funds in violation of a consent decree, a Cook County Circuit Court judge took the extraordinary measure of revoking the city’s control of its water operations and appointing an independent receiver to oversee them.

Now 2 1/2 years into the receivership, with Harvey under new leadership, Mayor Christopher Clark is aiming

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A wrongheaded idea about right-to-work in Illinois – Editorial – Crain’s

The International Union of Operating Engineers, which has many friends on both sides of the political aisle in Illinois, is pushing to have the General Assembly approve a proposed constitutional amendment effectively banning right-to-work laws—which guarantee that no employee can be compelled to join or pay dues to a union—anywhere in the state.

“The last thing the state of Illinois needs is another way to turn off companies looking to bring good jobs here. But that’s exactly what would happen if a powerful state labor union gets its way in its push for a permanent ban on so-called

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Those federal indictments of Illinois politicians? Coming any day now. Maybe. – Chicago Sun-Times

“We continue to anticipate plenty of action on the political corruption front coming out of 219 S. Dearborn in the coming days, weeks or months. The difference is that we’ve lowered our expectations about the timing. You know the old saw about a watched pot never boiling.”

Why is this all taking longer than expected? Maybe because there are so many cases that federal authorities don’t have the resources to reel in everything at once? Or maybe it’s because suspects started cooperating as charges were about to be filed, giving prosecutors more time to prepare and new information to

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Editorial: As Springfield dawdles on reforms, put your property tax bill on the fridge. – Chicago Tribune

“Long story short: Property taxes can’t plummet until legislators put forth a constitutional amendment that allows for pension reform. That notion tosses Illinois Democrats, their Springfield apologists and their union allies into conniptions. Which leaves Democrats arguing about whether to, say, expand the sales tax base. That new revenue could go to school districts and other local governments, and they in turn could reduce their property tax levies.”

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Powerful union pushes to change Illinois constitution to ban right to work – Crain’s

Hoping to nail shut a door that former Gov. Bruce Rauner tried to pry open, a major state labor group is moving to put Illinois permanently off-limits to efforts to ban so-called union shops in the state.

The move is being led by International Union of Operating Engineers Local 150, a large, well-funded building-trades group with considerable influence on both sides of the aisle in Springfield.

IUOE specifically wants the Legislature this spring to approve—and send to voters for final action on the November ballot—a proposed constitutional amendment banning right-to-work laws in the state. While political conservatives strongly

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Police and fire overtime continue to surge in Chicago – Chicago Sun-Times

Mayor Lori Lightfoot said she was “angry and frustrated” and planned to hold then Police Supt. Eddie Johnson accountable for reining in an abuse that beleaguered taxpayers “can’t afford.” The message apparently fell on deaf ears.

Chicago taxpayers spent nearly $210 million on police and fire overtime last year — and another $33.7 million on lump-sum payments to departing employees, most of them police officers, records show.

One retiring officer walked out the door with $276,053 for stockpiled compensatory time and another $9,236 for unused vacation days. Records released to the Chicago Sun-Times in response to a Freedom

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Illinois Senate president race: Accusations of personal betrayal and payback fly furiously – Chicago Sun-TImes

Publicly, party leaders made a show of unity. Lightford, who is Senate majority leader, hugged Harmon on the Senate floor Sunday afternoon as she nominated him to become the next Senate president. Harmon, who is white, was elected unanimously after hours of negotiations. But afterward, accusations flew of personal betrayal, and long-time simmering feuds bubbled over.

Lightford, D-Maywood, blamed former Illinois Senate President Emil Jones Jr., and his son, Emil Jones III, who is currently in the Senate, for her loss. She would have been the first female black Senate president. She thinks their opposition may stem from

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John Kass: Why is Kim Foxx sticking taxpayers with a bill for her Jussie Smollett mess? – Chicago Tribune

Foxx needs lawyers now, what with special prosecutor Dan Webb looking into the Smollett mess and the FBI hanging around the case. But she doesn’t need to stick taxpayers with the legal bills. Retired Judge Sheila O’Brien insists state law mandates that state officers with legal issues be represented by the Illinois attorney general’s office.

Isn’t Foxx supposed to follow the law?

“We’re going to find out,” O’Brien said Friday in an

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Chicago Teachers Union Inc.: How the clout-heavy labor group spends its money – Chicago Sun-Times

As it geared up for a two-week strike last fall, the Chicago Teachers Union spent nearly $1.5 million from the dues it collects from members on lobbying and other political activity, a Chicago Sun-Times examination of the clout-heavy union’s finances has found. The money was on top of $1.2 million that the CTU’s two political action committees gave union-friendly candidates and political organizations.

And a union foundation has cut back sharply on the money it gave to charities and like-minded groups — to $1 million in 2018 from $1.9 million the previous two years. That’s according to the

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Preckwinkle Takes CRE To Task For Racial Inequity – Bisnow

Cook County Board President Toni Preckwinkle began Bisnow’s Chicago 2020 Forecast event Wednesday with some tough words for the commercial real estate industry. In her keynote address to hundreds gathered in the atrium of GlenStar Properties’ Schaumburg Corporate Center in suburban Schaumburg, she called out the industry for its lack of diversity, noting that the county’s population was 25% Latinx, 24% African American and 8% Asian American.

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Sen. Bill Brady On Property Tax Relief And Making The Case Against A Graduated Income Tax – WCBU

On the graduated income tax proposal, Brady says:

“Pritzker has sold it in a way that some people might believe—and he might even believe. But the truth of the matter is, if you look at the history of politicians, particularly Democrats, you’ll find they are more than willing to reach into the taxpayers’ pocket and take more money,” Brady said. “And there were other circumstances surrounding his election victory. Gov. Pritzker spent a record $180 million on his campaign. Gov. Rauner spent less than $50 million. It was a very lopsided appeal.

“I believe the voters will reject—when they’re informed

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Chicago Prepares to Declare Climate Emergency – WTTW

From the resolution: “Restoring a safe and stable climate requires a Climate Mobilization, an emergency mobilization on a scale not seen since World War II in order to reach zero greenhouse gas emissions across all sectors of the economy; to rapidly and safely drawdown and remove all the excess carbon from the atmosphere at emergency speed and until safe, pre-industrial climate conditions are restored; and to implement measures to protect all people and species from the consequences of abrupt climate breakdown …”

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Tax flight: Myth versus reality – 1IL

Comment: To all of us who think Illinois taxes cause population loss, this article says “back that argument up before it carries you off to fantasyland — or to Indiana, whichever is worse.” They should have added, for all you Wirepoints commenters who’ve told us you’ve moved or plan to because of taxes — you’re all liars. CC: Indiana Economic Development Corporation.

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Madigan’s $10 million windfall: How the 13th Ward made out big – Crain’s

Madigan’s home ward, the 13th on the Southwest Side, is receiving a special $10 million appropriation for street resurfacing, new streetlights and other improvements—a gift far larger than most and maybe all of the city’s other 49 wards are receiving.

The money was tucked into Gov. J.B. Pritzker’s huge new $45 billion capital program, the one that passed the Legislature last year with Madigan’s help. And though neither state officials nor especially Mayor Lori Lightfoot’s administration seem thrilled about it, both are going along with the move.

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Preckwinkle seeks more control over county health board after CEO ousted with $542,000 severance – Chicago Tribune

Cook County Board President Toni Preckwinkle is seeking veto power over the selection of the public health system’s next leader, a move that comes after a $542,000 severance package and generous pension for the ousted CEO raised eyebrows.

In addition, Preckwinkle would get the power to directly appoint the chair of the health system’s board of directors. The new CEO also would be required to meet monthly with her, and the Preckwinkle-controlled Human Resources Bureau would wield the

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Pot taxes in Chicago could be as high as 41% by July as county moves forward with 3% levy – Chicago Sun-Times

That 3% would be in addition to the city’s 3% planned tax and state excise taxes of 10-25%, based on the level of THC, the ingredient in pot that gets users high, in the product purchased. Marijuana products also carry normal sales taxes — which in Chicago are 10.25% — meaning some products could carry taxes of 41.25% starting this summer.

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Quentin Fulks: Outmigration and Illinois’ unfair tax system – Daily Herald

Quentin Fulks

Quentin Fulks is the Chairman of Vote Yes For Fairness, a ballot initiative committee working to pass the Fair Tax in Illinois. Presented here, without comment, is his case that “drastic” out-migration is due to the unfairness in our tax system, which would be fixed by a progressive income tax, and that “it’s clear that taxes are not the reason people are leaving Illinois.”

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A quarter of every tax dollar from recreational cannabis sales in Illinois will go to nonprofit groups – Center Square

A quarter of every tax dollar generated from recreational cannabis will go to the newly created Restore, Reinvest and Renew program. When she was a state senator, Toi Hutchinson explained what that’ll be spent on.

“That money is specifically going to small community agencies in the areas that have been impacted the most, that do the work on the ground,” Hutchinson said in 2019.

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Aldermen fear setting aside contracts for gay-owned businesses could lead to fraud, fewer contracts for people of color – Chicago Sun-TImes

Comment: If set-asides are extended to gays, only 13.6% of Chicago’s population would be left without access to a set-aside – straight, white, males with no handicap, as we detailed earlier. In other words, over 86% of Chicagoans would be entitled to preferential treatment when bidding for city contracts. Maybe it would be easier just to designate the small minority that gets no preference.

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John Kass: Mike Madigan squashes legislative probe of that email about a rape. If he were a Republican, he’d be gone – Chicago Tribune

If Madigan were a Republican, his opponents may have likely invoked House Rule 91, to form a legislative commission to examine charges of obstruction of the legislature.

Why? Because Madigan just squashed a legislative investigation of Michael McClain, his closest confidant and a retired lobbyist who’s under a federal criminal investigation. That legislative inquiry would have examined McClain’s email defending a politically connected worker who “kept his mouth shut” about “that rape in Champaign.”

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Editorial: Madigan’s latest scandal, Springfield’s latest outrage – Daily Herald

“We agree with Greg Hinz of Crain’s Chicago Business that it’s time for Madigan to go….As for Pritzker, how much confidence are we supposed to have in his call for an investigation when the presumed anti-whisteblower did work for him and in essence still does? The governor is “appalled and disgusted?” Really? It has as much credence as Pritzker’s feigned support for redistricting reform. Pritzker talked a good game about that when he was running, but when was the last time anyone saw him actually do anything to make it happen?”

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Editorial – Property-tax flop is no surprise – News-Gazette

While much was made in advance about its potential significance, creation of the 88-member legislative committee on property-tax reform was never anything more than a political sop that Gov. J.B. Pritzker used to persuade reluctant Democrats to put his proposed constitutional amendment replacing the state’s current flat tax mandate with a progressive income tax on the November 2020 ballot.

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Chicago alderman proposes tax on childbirth – IL Policy

Ald. Ray Lopez’s proposals included “conception fees” and a license on childbirth, before later conceding that “this is not China” and that such measures were unlikely lawful in the United States.

Lopez’s tweets also called for a “toddler escrow.” He told the Chicago Sun-Times that he “was serious” and that if it were possible “to legally implement parental licensing or conception fees” he would spearhead the effort.

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Investigators exploring whether ‘rape in Champaign’ email is linked to early release of prison inmate, sources say – Chicago Tribune

State investigators are looking into whether an explosive email that refers to keeping quiet about a “rape in Champaign” could be tied to an inmate who got out of prison early and then sexually abused a young girl, sources familiar with the probe told the Tribune. “I can confirm it is one possible scenario that is being looked at,“ the source said.

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Judge orders CPD to turn over 48 years’ worth of misconduct files – Chicago Sun-TImes

“The order threatens to expose decades of police corruption and other skeletons out of CPD’s closet, prevents the City from continuing to expend millions in taxpayer dollars to keep police misconduct secret, and makes patterns of police misconduct readily available to the public, which will inform the ongoing public debate over how to police the police,” said the attorney behind the FOIA request.

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50,000 Cook County residents will lose food stamps if they don’t find work soon, and the clock is ticking – Chicago Tribune

The clock started ticking Jan. 1 for about 50,000 food stamp recipients in Cook County who are now limited to three months of benefits over three years, unless they work, volunteer or participate in job training for at least 20 hours a week. Part of federal law since the 1990s, the work rules have been waived in Cook County for more than a decade but as of this year must be imposed because of the county’s low unemployment rate.

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Chicago’s construction boom is about to bust – Crain’s

After a building boom that has stretched the boundaries of downtown and put a record number of cranes in the air, new construction projects are forecast to fall 10 percent this year, according to New York-based research firm Dodge Data & Analytics. If that prediction is right, it would mark the third annual decrease in four years and the biggest single-year drop in construction starts since the Great Recession

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Seeking to give residents a break on property tax, legislative task force recommends expanding sales tax. Gov. J.B. Pritzker, who’s pushing a graduated income tax, says there’s got to be another way. – Chicago Tribune

Gov. J.B. Pritzker, focused on winning over voters on a new graduated-rate income tax, is dismissing a proposal floated by a property tax relief task force that would expand the Illinois sales tax base to help fund public schools.

“That’s not something that I am supportive of; I think there are other ways for us to go about it,”

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Waukegan distribution business moves across border to Wisconsin, citing taxes – Chicago Tribune

Trifinity Specialized Distribution, a distribution and third-party logistics company currently based in Waukegan, is in the process of moving to a new 250,000-square-foot facility in Kenosha, said Jim Merlo, the company’s owner and chief executive officer.

The company, which employs 61 people, signed a long-term lease with Zilber Property Group for one of its recently constructed industrial facilities, according to a news release.

Merlo pointed to taxes, in particular property taxes and

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Chicago Forward — A letter from Publisher and Editor-in-Chief Bruce Dold – Chicago Tribune

The Chicago Tribune launches a six-month series: Chicago Forward / Young Lives in the Balance: How to reach Chicagoland’s disconnected youth. This campaign will engage our readers in a search for the best ways to prepare young people to live fulfilling, productive lives and contribute to the well-being of our city. It is outside of the Tribune’s paywall.

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CHA gave $76M deal to movie studio head’s group while he was an FBI mole – Chicago Sun-Times

While secretly recording conversations to help the FBI expose an extortion scheme run by longtime Chicago Teamsters union boss John T. Coli Sr., the president of Chicago’s largest movie studio, Alexander S. Pissios, also had a starring role in another production that could bring him and his partners millions of dollars.

Pissios’ Cinespace Chicago Film Studios teamed with public housing manager The Habitat Co. and Mount Sinai Hospital on a development in North Lawndale, getting the Chicago Housing Authority to approve their proposal for a $76 million development on Ogden Avenue including stores, offices and homes.

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Social Equity Provisions In Illinois Cannabis Law – JD Supra

There is some concern that these measures may not work in the way intended. The process is expensive – requiring a nonrefundable $5,000 application fee with winners paying $60,000 for the new dispensary licenses. The complicated 400-page application may limit who can realistically apply or necessitate hiring a consultant to navigate through it. The social equity points given for hiring impacted minorities may also work against local entrepreneurs and favor big cannabis companies.

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Preckwinkle names new Cook County budget director – Crain’s

Annette C. Guzman, is a transplant from Cook County Assessor Fritz Kaegi’s office, where she served as Chief Administrative Officer. Her appointment will have to be approved by the Cook County board. Before her time at the assessor’s office, Guzman was deputy chief administrator and chief of staff at the Chicago Civilian Office of Police Accountability. She is a University of Chicago Law School graduate and practiced finance law in Sidley Austin’s Chicago

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Blue State Redistribution – Wall Street Journal

The Census Bureau and IRS last week also released state population growth and income migration data for 2018 that show the exodus from high-tax to low-tax states is accelerating. Four states have lost population since 2010 including West Virginia (-3.3%), Illinois (-1.2%), Vermont (-0.3%) and Connecticut (-0.2%), but 10 experienced declines last year. New York was the biggest loser as a net 180,000 people left for better climes. Over the last decade New York has lost more of its population to other states (7.2%) than any other save Alaska (8%), followed by Illinois (6.8%), Connecticut (5.6%) and New Jersey (5.5%).

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Illinois distribution firm moving to Kenosha – Kenosha News

Trifinity Specialized Distribution, a Waukegan, Ill.-based company that serves major box stores and drug retailers, is relocating to Kenosha, bringing 61 jobs with plans to expand capacity. The company founder noted that the move is a money saver in several ways, saying taxes in Illinois, Lake County and the local community made it difficult to remain there. He also said the tax structure is lower in Wisconsin than in Illinois and noted that the Illinois fuel tax is going up by 35 percent.

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Cost of dismissing Cook County hospital CEO? More than $600,000, plus a big pension. – Chicago Tribune

The Cook County health board’s decision to part ways with its CEO will prove costly to taxpayers, with the tab expected to top $600,000.

Not only does Dr. John Jay Shannon stand to collect $542,000 in severance pay and health insurance benefits per the terms of his contract, but his interim replacement got a raise of more than $40,000. In addition, the county will have to spend tens of thousands of dollars more on a national search for

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Opponents argue Cook County State’s Attorney Kim Foxx should be disqualified from seeking reelection because she doesn’t have enough valid nominating signatures – Chicago Tribune

“We have a clear fraud,” said Jeffrey Greenspan, adding that because Foxx is the county’s highest-ranking law enforcement official, she has a special obligation to get it right. “It’s a little different from a regular situation because there is an extra duty here.”

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Wisconsin becoming a new relocation target for Illinois residents – Kenosha News

They point to better jobs, lower taxes, lower-priced homes, access to better schools for their children, recreation and a better overall lifestyle, according to reports by the Kenosha Area Business Alliance and other state and local organizations. And that’s been by design: State and local economic development organizations have launched marketing campaigns in recent years designed to attract workers to Wisconsin.

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City nabbing land near Obama Presidential Center – Crain’s

Several properties formerly owned by Rev. Leon Finney and a short distance from the proposed Obama Presidential Center in Woodlawn will soon belong to the city. Those properties will become part of an effort to help current residents stay in a neighborhood that’s seen real estate investment heat up.

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GOP strategist forecasts an accelerated ‘fiscal demise’ if Chicago approves new ‘LaSalle Street Tax’ – Chicago City Wire

Republican political strategist Chris Robling does not mince words about his opinion of a plan to enact a margin tax on “businesses that conduct business in Chicago, minus certain labor costs.”

“New taxes are the problem, not the solution,” Robling told Chicago City Wire. “Illinois’ tax burden is already too high the way things are and not much good can come from any higher rates.”

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Raising sons who became daughters is a shared story for Kim Lightford, Heather Steans –

Lightford, the first African American woman to serve as Senate Majority Leader, represents the 4th District, based in the western suburbs. She’s a leading candidate to become Illinois’ next Senate President. Steans, from the 7th District on Chicago’s North Side, was a force behind passing the landmark legislation that legalized cannabis in Illinois.

Yet, what bonds them, intimately and fiercely, are their sons. Once sons, now daughters. Both women have transgender children who are transitioning to female.

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Illinois population drop persists – 1IL

Comment: Naturally, 1IL’s article features a picture of Rauner at the top, blames him and concludes with this gem: “Pritzker is hoping to stem that tide with an overhaul of the state’s funding and taxation system — which will go before voters in November — and the legalization of marijuana that took effect New Year’s Day can’t hurt either when it comes to luring new residents to Illinois.”

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Editorial: When taxpayers trust Springfield … Part 7: Warren Buffett and others warned about pensions. Illinois pols made things worse — and now demand more tax dollars. – Chicago Tribune

You might think this century of failure would humble today’s Illinois politicians. Wrong. The current crop of Democrats who run Springfield want voters in November to approve switching the state from a flat income tax to a progressive tax. Their scheme at first would hit only the top 3% of income tax filers.

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A Chicago Without ComEd – Chicago Magzine

When Mayor Lori Lightfoot holds a hearing on the city’s franchise agreement with ComEd later this year, at least one alderman, socialist Daniel La Spata (1st), will vie for her to cancel it altogether.

His alternative? City Hall takes over the grid itself, transforming Chicago into a public power community like Los Angeles, Austin, Cleveland, and a number of other cities.

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The Winnebago County elected job no one wants – Rockford Register

Precinct committeeman was once a job that aspiring politicians used to get a foot in the door of their party. These days, the elected position draws little interest. That’s understandable given the lack of pay and prestige and the generally minimal responsibilities. There are times, though, when the precinct committeeman plays a critical role. If a state representative dies in office or resigns, committeemen select a replacement.

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Mismanagement of funds nothing new in Illinois – MyWebTimes

“With tongue planted firmly in cheek, I would like to announce my selection for 2019’s “Most Unintentionally Comic Article of the Year.” It’s a genuine knee-slapper. I hope you think so, too. Capitol News Illinois recently produced an article headlined, “State funding for schools would lower property taxes.” Just let that headline sink in. In the great tradition of other over-educated lightweights, Frank Manzo (policy director of the Illinois Economic Policy Institute) and Robert Bruno (equally impressive as director of the Project for Middle Class Renewal, where do they get these names?) authored a commissioned report (a sure sign of

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Illinois’ Vehicle Manufacturing Future to be Shaped in Three Cities – Transport Topics

From electric trucks and startups to international megamergers, the state of the fast-evolving auto industry in Illinois comes down to a tale of three cities: Normal, Belvidere and Chicago…. But a future that includes everything from electric and self-driving vehicles to assembly lines increasingly staffed by robots could portend more challenges for Illinois auto plants — and their workers — down the road.

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Lightfoot’s pledge to get tough with utilities comes at a cost – Crain’s

Consumers may foot the bill for concessions City Hall may squeeze out of utilities with its newfound muscle. Asked about what she’d like to see in the negotiations, Lightfoot recently said she supports an end to shut-offs for those delinquent on their electric bills. She said the same for Peoples Gas and its rising heating bills as well. Both utilities pass along to paying customers the cost of customer debt they write off.

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Editorial: Lori Lightfoot’s green light for Chicago food trucks – Chicago Tribune

“Kudos to the mayor for bringing a new approach, which her office describes as just one of her “latest efforts to support innovative business types and creative owners.” She even won the support of the Illinois Restaurant Association, which said, ‘By expanding operating hours for food trucks, Chicago is encouraging innovation while balancing the interests of both food trucks and restaurants.'”

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How to survive the coming retirement crisis – Quartz

“Here’s the scariest thing: even in the best-designed systems, almost no one today will earn enough money in their lifetime to not work for 20 or 30 years at the end of their life. This is true no matter who pays for retirement—the individual, their employer, or the government.”

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Hometown developers of projects like Vista Tower, Lincoln Yards and Bank of America Tower are putting money in other cities. ‘We love Chicago but are super nervous.’ – Chicago Tribune

Uncertainty over property taxes is paired with other issues already on the radar of big, institutional real estate investors. Those worries include ongoing city and state fiscal woes stemming from soaring pension obligations, as well as potential Chicago policy changes such as increased affordable housing requirements, rent control and tax-increment financing (TIF) reform. Construction costs also have been rising. “Most of our institutional investors have basically redlined Chicago,” said a major institutional investor. “They are not going to deploy capital here.”

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Housing for Rich Seniors a Hit With Property Investors – Mansion Global

A high-end senior housing facility in Chicago has sold for double its 2012 purchase price, the latest sign that investors are increasingly eager to own properties catering to wealthy retirees.

The deal for the Chicago property shows that investors believe some segments of senior housing still look like a good bet. Many are wagering they can outperform the industry with amenity-rich downtown facilities that can charge more than $20,000 a month.

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Oak Lawn officials resist tax increases, service reductions despite credit rating downgrade over mounting pension obligations – Chicago Tribune

Despite allocating nearly $10 million to funding public safety employee pensions in next year’s budget — a seven-fold increase since 2011 that represents roughly one-sixth of all general fund expenditures — Oak Lawn’s pension burden continues to grow. As a result, Moody’s Dec. 23 downgraded Oak Lawn’s credit rating to junk.

While Moody’s latest downgrade will not spur Oak Lawn to reduce services, Bury said, it could result in the village looking to cut costs through outsourcing.

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Three Retirement Predictions For 2020 – Plus A Bonus Wishlist – Forbes

[W]ith respect to state and local public pension plans in the most-indebted states, that is, Illinois, New Jersey, and Connecticut, and the most-indebted cities, such as Chicago, I’m going to go out on a limb and predict that . . . precisely nothing will happen.

Oh, sure, folks like Gov. JB Pritzker in Illinois will take some actions that they will claim have solved the problem, or at least take credit on what they’ll call a down payment on a solution…. Whatever it is, it’ll be a farce rather than a true solution.

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Abolish the Police? – City Journal

The latest call to action from some criminal-justice activists: “Abolish the police.” From the streets of Chicago to the city council of Seattle, and in the pages of academic journals ranging from the Cardozo Law Review to the Harvard Law Review and of mainstream publications from the Boston Review to Rolling Stone, advocates and activists are building a case not just to reform policing—viewed as an oppressive, violent, and racist institution—but to do away with it altogether.

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‘Aloha’ Increasingly Means Goodbye Thanks to High Taxes – Wall Street Journal

“Why would anyone leave Hawaii?” Former Hawaii residents hear the question a lot, often from someone eager to relay the details of an incredible vacation in Maui or Kauai. But when you’re living paycheck to paycheck and working two jobs, you don’t get many chances to enjoy the island archipelago’s crystal blue waters and soft white sand. People leave Hawaii for the same reasons they leave Illinois and California: high costs and lack of opportunity.

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Traffic Jam on the Illinois Waterway: Tugboats Are Busy Through the Holidays – Wall Street Journal

Tugboat companies have spent months getting stranded barges where they needed to go or sending empty barges to pick up waiting loads. One week earlier this month saw the highest grain tonnage of the year moving through a key Mississippi River lock. Volumes have been scaling back since.

“This was an epic year on so many fronts,” including trade wars over grains and steel that held down volumes, hurting the shipping companies’ bottom lines, said Ken Eriksen, a transportation and infrastructure expert and senior vice president at IHS Markit. “It just never got to what one would

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City forgives $11.5M in debt during first 3 months of city sticker relief program – Chicago Sun-Times

The city launched the debt forgiveness program for sticker scofflaws in October, allowing residents who’d racked up hefty late fees to buy a new city sticker without being hit with the back charges.

Nearly 9,000 drivers did just that to get into compliance, a ninefold increase over the previous year, according to the mayor’s office. In all, almost 11,400 residents were absolved of more than $11.5 million in outstanding ticket debt.

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Like metastasizing tumor, state criminal probe keeps growing – News-Gazette

Just how big is Illinois’ latest political scandal going to get?

People have been asking that question over and over in the aftermath of one prominent politico after another being swept up in the federales’ investigative dragnet. Now they have reason to ask it once again after another high-profile Chicago politician — Joseph Berrios — has been targeted with subpoenas seeking potentially sensitive information.

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Chicgago could lift topless ban on strip clubs with liquor licenses after settling suit with trans woman – Chicago Sun-Times

Bea Sullivan-Knoff filed the federal suit in 2016 seeking to overturn the ordinance that prohibits liquor license holders from allowing women from exposing their breasts without imposing the same restriction on men. Sullivan-Knoff, a performance artist, described the measure as “sexist and transphobic,” slamming the restriction as an “embarrassment” to a modern American city.

Sullivan-Knoff also sought compensatory and punitive damages for the

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State senator who wore wire on fellow lawmaker failed to report $50,000 condo sale profit, records show – Chicago Tribune

The 2016 real estate transaction involved veteran Lake County Sen. Terry Link, identified by a source as the unnamed senator who wore a wire on a fellow lawmaker. The recording, made in August, captured what authorities said was a bribery offer that led to criminal charges against then-state Rep. Luis Arroyo of Chicago.

The buyer of Link’s Florida condo? The mother-in-law of a man who sources say is under investigation in the federal probe of state Sen. Martin Sandoval and SafeSpeed, the

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Lightfoot announces mental health services designed to support those in crisis – Chicago Sun-Times

Lightfoot plans to increase crisis intervention training for police and firefighters and create a plan for public agencies to coordinate with one another as well as mental health providers when responding to emergency calls, the mayor’s office said Thursday. Lightfoot also announced creation of a new position, the Victim Services Coordinator, who will be tasked with connecting residents with city and community trauma-response services after incidents.

The efforts are included under the $9.3 million expansion of the city’s mental health services budget.

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Chicago home sales fall more than 10 percent – Crain’s

Because fears of an impending recession have largely dissipated and interest rates have stayed low all year after inching upward in late 2018, it’s hard to blame Chicago’s droopy sales on factors that aren’t specific to this region. Local factors in buyers’ hesitance include high property taxes, the likelihood that they will go up more and uncertainty about the future fiscal health of the city and state.

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New FHA Report: Illinois home price growth slowest in nation, Northwest Indiana one of the fastest – Center Square

Illinois home prices, especially in the Chicago area, appreciated at the slowest pace in the nation last year, growing just below the rate of inflation. One of the fastest-growing areas in the nation, according to a new report, was right next door to Illinois.

The in-flow of Chicagoans is one of the key reasons behind the Gary area’s 7.9 percent increase in home prices year-over-year, according to an analysis of home price indices from the third quarter of 2019 by the Federal Housing Finance Agency, higher than all but six areas nationwide.

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Cash-Hungry Cities Seek Buyers for Sewer Systems to Pay Pensions – Bloomberg

Granite City, Illinois, a rust-belt town of 30,000 people on the Mississippi River, is facing a $130.8 million pension shortfall and has put part of its sewer system up for sale to raise funds. I

Alton, Illinois earlier this year sold its wastewater system to Illinois American and used the entire $53.8 million to chip away at its $134 million in pension liabilities. Godfrey, Illinois also sold a system this year that desperately needed upgrades to Illinois America. Mayor Mike McCormick says he’s stashing the money in a rainy day fund.

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Illinois offering low cost cannabis loans – The Telegraph

“When we made equity the core of the state’s new adult-use cannabis market, we wanted to ensure that social equity entrepreneurs had access to capital to get their businesses off the ground, and we’re proud to announce that interested applicants can start this process today,” said Pritzker.

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City Council committee votes to delay sales of legal weed until July 1 – Chicago Sun-Times

“Black Caucus Chairman Jason Ervin (28th) is furious African Americans have ‘zero representation’ among ownership of 11 dispensaries…. The 10 to 9 vote by the City Council’s Committee on Contract Oversight and Equity was a political embarrassment to Mayor Lori Lightfoot, whose administration tried desperately to appease the Black Caucus during negotiations that continued during the meeting.”

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Feds investigating former Cook County Assessor Joe Berrios, records show – Chicago Sun-Times

Former Cook County Assessor Joe Berrios.

A federal grand jury subpoena obtained by the Chicago Sun-Times shows investigators are digging into former Cook County Assessor Joe Berrios and his political organization. The subpoena seeks documents related to Berrios’ 31st Ward Democratic Organization, his Friends of Berrios campaign fund and the Mexican American Political Action Committee.

The subpoena asks for information about contributions to Berrios’

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Oak Lawn expects to reap at least $500K from ‘penny per push’ video gaming tax, believed to be first of its kind in Illinois – Chicago Tribune

The “push tax,” which is akin to a sin tax on people who gamble in Oak Lawn, will assess users a penny for each push or play of a video gaming terminal beginning Jan. 1.

Existing video gaming regulations impose licensing fees on terminal operators. Oak Lawn charges $1,000 annually per operator and $500 annually per video gaming terminal. But the push tax is unique in that it assesses a tax on individual players.

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Video: Shoplifters walk out of Lincoln Park store with armloads of winter coats – CWB Chicago

“We reported on Oct. 16 that shoplifting reports are up 20% over the past three years in Chicago. Suburban retailers have blamed the increase on a decision by Cook County State’s Attorney Kim Foxx to take a softer approach to shoplifting cases. Foxx has instructed her attorneys to reject felony-level retail theft charges unless a person is accused of stealing more than $1,000 in merchandise at a single

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Editorial: Dorothy Brown and the case of the lying deputy: Voters, you can change this – Chicago Tribune

Not only was Brown the subject of several investigations into her fundraising and hiring practices, she also failed to modernize the office with basic technology despite pledging every campaign cycle to do so. A recent rollout of a computerized upgrade to the criminal court system flopped. Cleaning up that mess and installing a reliable electronic case-management system should be priority No. 1 for the next clerk.

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Lightfoot wants Chicago to grow its own pot in weed co-op – Chicago Sun-Times

Mayor Lori Lightfoot said Monday she is “very serious” about the city growing its own recreational marijuana to give minorities a chance to learn the business and share the wealth and said $15 million generated by tax-increment financing could be used as seed money.

Lightfoot said the concept of the city opening a “cooperative cultivation center” that minorities can “buy into” — either with a “modest cash investment” or with “sweat equity” — is aimed at overcoming the biggest impediment to minority ownership.

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Editorial: When taxpayers trust Springfield … Part 6: A motto for the Fair Tax: ‘Would we ever break a promise to you?’ – Chicago Tribune

“All but the hopelessly gullible can see that this envisioned extra $3 billion a year from the fat cats is just a first grab. The big money is further down the income ladder. Yet Democrats have to keep asking for voters’ trust that they’ll spare the middle class — despite the sorry history that animates this series of editorials: ‘When taxpayers trust Springfield, here’s what happens.'”

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ComEd finally in the spotlight for passing unfair costs on to customers – Crain’s

Between 2013 and 2018, the cost of utility distribution paid for by ComEd customers in Illinois grew by $730 million. That’s a price increase four to seven times more than the average annual rate of inflation for the same period, according to a study commissioned by AARP and conducted by the independent Power Bureau. But all this has gone on without question, thanks to inexplicable backroom deals and masterful public relations spin. Until now.”

The trifecta of an FBI probe, Lightfoot’s standoff and the state House bill could finally be what is needed to force ComEd to come out of

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As Mayor Lightfoot demands answers from ComEd over federal probe, her security chief’s wife lists the utility as a lobbying client – Chicago Tribune

Margaret Houlihan Smith in October added ComEd to her lobbying clients, and listed dozens of city departments she might lobby on the utility’s behalf, including the mayor’s office, according to city records.

The arrangement has raised questions about the kind of information Houlihan Smith might be privy to and the kind of access she could promise. But the mayor’s office said it saw no issues with her security chief, James Smith, being married to a lobbyist for ComEd.

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Should the city of Chicago have to pay $44 million for a shooting involving an off-duty police officer? Federal judges set to rule

Though officials now share the jury’s opinion that Kelly shot LaPorta with his service weapon, the city contends it is not liable for LaPorta’s injuries because Kelly was off duty when it happened. The appellate judges seemed to agree, suggesting it would be unfair to hold police departments responsible for anything and everything their employees do.

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Mayor Lori Lightfoot defends website shaming budget naysayers: ‘Since when is letting voters and residents know how aldermen voted bullying?’ – Chicago Tribune

The mayor’s committee launched the shaming website last week, prompting criticism from aldermen and political observers, including the Sun-Times editorial board, which compared Lightfoot’s move to bullying.

First term Ald. Rossana Rodriguez Sanchez, 33rd, told WTTW-Ch. 11, “We don’t have time to engage in petty discussions or arguments. We have work to do, and that’s what we’re going to do.”

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Commentary: Mayor Lightfoot’s call for ComEd hearings sounds good, but … – Chicago Tribune

“We’re going to call them for some kind of hearing and make them answer some questions in the public about the broader framing of what they were doing, how they were using their shareholders’ dollars, and give us assurances that we can be comfortable doing business with them,” Lightfoot said, according to reports.

As a former federal prosecutor, Lightfoot must know that a public hearing, conducted in the midst of an ongoing federal investigation, may be the last thing U.S. Attorney John Lausch and his colleagues in the Dirksen Federal Building need right now.

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Businesses hit hard by new property tax assessments in the suburbs — but homeowners could catch a break – Chicago Tribune

Initial assessments are in, covering the north and northwest suburbs, and they show valuations for commercial, industrial and larger apartment properties increased by more than 74%, compared with less than 16% for homes, a Tribune analysis found.

The result may be a significant shift in how the property tax burden is divided up — with homeowners paying less and business owners paying more. A Tribune analysis shows that if Kaegi’s initial property values stand, businesses would pick up 44% of the combined

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Failing US Pension System May Need Govt Bailout to Survive – NewsMax

The bottom three (Illinois, Kentucky, and New Jersey) are even more underfunded, dropping from ~50% funding in 2013 down to only ~38% in 2017.

A disturbing fact about the three worst funded state pensions is that they have been receiving more money, yet are more underfunded. According to the report, these states “had an average employer contribution rate of more than 31 percent of payroll in 2017—a 22 percentage point increase since 2007.”

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$1.2M settlement to family of man who died in police custody is ‘hush money’ for gangs, alderman says – Chicago Sun-Times

“What we … just did in the hopes of saving money is told [law-abiding residents] that, when these neighborhood terrorists continue to terrorize their communities and are caught, and if anything happens, we’re willing to pay them hush money to go away. That is unacceptable. We have told these neighborhoods that, ‘You are on your own,’” Lopez said.

“It is disgusting to me as an alderman. It is disgusting to me as a member of the Brighton Park community — and more so as a [resident of] the city of Chicago that we would even consider paying a

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Keeping watch is a tall task – News-Gazette

Adam Andrzejewski just turned 50, but he insists that, although he’s getting older, he’s also getting better.

The goal of Andrzejewski’s organization is to track the money spent by all 50 states and the federal government — “Every dime, On line, In real time” is the organization’s slogan.

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Lightfoot plans to demand end to shut-offs and answers on ComEd lobbying scandal before renewing utility’s franchise agreement – Chicago Sun-Times

The City Council’s Progressive Caucus has demanded any new franchise agreement with ComEd include both a progressive rate structure and an end to shut-offs — not just for those unable to pay, but also for those who refuse to pay.

Lightfoot has already ended water shut-offs, which has cost the city $20 million in water bill revenues. The mayor plans to ask ComEd to get on board.

“All the utilities — whether it’s ComEd, whether it’s Peoples Gas” should end shut-offs, she said. “People are suffering and they’re struggling. And we can tell from the data where

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Chicago Public Schools proposal to close 2 charter schools slammed as ‘racist and irresponsible’ by teachers union – Chicago Tribune

From the beginning, the Chicago Teachers Union was critical of the Chicago Public Schools initiative through which Chicago Virtual Charter School and Frazier Preparatory Academy opened more than a decade ago.

Now the union is calling CPS’ plan to close the two charter schools “an admission of failure by the district after decades of charter proliferation.”

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City of Chicago official hit with felony theft charge – Chicago Sun-Times

A longtime city official who currently works in the Department of Aviation has been hit with a felony theft charge for allegedly making purchases on credit and then claiming he didn’t receive the items he ordered, police said. George Coleman Jr., deputy commissioner for intergovernmental affairs at the Department of Aviation, has been charged with one count of continuing financial crimes enterprise.

 

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Illinois PACE efforts gain traction as first deal closes – The Bond Buyer

The state’s goal of offering commercial Property Assessed Clean Energy program financing as an affordable alternative for energy efficiency, renewable energy, water conservation, resiliency improvements and other green projects initially fell short, spurring additional legislative changes.

The bonds are repaid with local real estate taxes and assessment payments agreed to the property owner and amortized over the useful life of the project that ranges from five to 30 years.

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Illinois’ sports betting not expected until after Super Bowl – Capitol Fax

As part of the state’s $45 billion of capital spending for projects around Illinois, lawmakers approved sports betting. That money will go toward vertical construction projects such as schools. Gov. J.B. Pritzker signed the legislation in late June alongside other measures including doubling the state’s gas tax from 19 cents a gallon to 38 cents a gallon. State Rep. Michael Zalewski, D-Riverside, said Monday that he had hoped to roll out sports betting before the Super Bowl. “I’m starting to get a little more cautious in saying that if we could have someone placing a bet on March Madness, that

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Another day, another example of City Council balking at Lightfoot’s plan to chip away at aldermanic prerogative – Chicago Sun-Times

This time, the point of contention was the mayor’s plan to abolish four tax-increment-financing districts as part of declaring a record $300 million TIF surplus to help balance the city budget and bankroll the new teachers contract.

Three TIFs — Harlem Industrial, Pershing/King and South Works Industrial — were abolished without controversy by the City Council’s Finance Committee.

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Mike Madigan’s ComEd windfall – Crain’s

The company at the center of an expanding federal probe into Springfield lobbying went to unusual lengths to financially ingratiate itself with a key Springfield player, Illinois House Speaker Mike Madigan.

Political insiders and official state disclosure records indicate that Exelon Corp. and its Commonwealth Edison subsidiary for at least the last five years hosted a major autumn Chicago fund-raiser for the speaker, who doubles as chairman of the Illinois Democratic Party.

The events were a “command performance” for ComEd lobbyists, executives, suppliers and others, as one participant put it.

The take: $100,000 or more annually—enough to,

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Universities are smarting over this new tax – Crain’s

The new federal tax applies to any college or university that has at least 500 full-time, tuition-paying students—with more than half of them being in the U.S.—and that has assets, aside from those used for charity, of at least $500,000 per full-time student. U of C, Northwestern and Notre Dame look likely to fall into the taxed category, despite being on the cusp of eligibility, giving them a combined liability of about $30 million.

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The corporate head tax is an idea that just won’t die – Crain’s

If you think the head tax—the per-employee levy repealed in 2014—is dead, think again. And while you’re at it, consider Denver, which progressives hold up as a model. There, people pay for the privilege of having a job.

And Chicago Teachers Union, which supports the tax, responded thusly when columnist Hinz asked for comment: “Greg, you’ve disparaged the CTU and our work for much of the last few months, pushing Chicago Public Schools talking points ad nauseam and going so far as to compare us to big business and Donald Trump. spokesman Ronnie Reese emailed back. So don’t be

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Paris police arrest scores amid strike over pension reform – A.P.

The open-ended walkout by the country’s unions represents the biggest challenge to Macron since the yellow vest movement against economic inequality erupted a year ago.

Opponents fear the changes to how and when workers can retire will threaten the hard-fought French way of life. Macron himself remained “calm and determined” to push it through, according to a top presidential official.

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ComEd scandal claims a major civic victim – Crain’s

In a statement, club Chairman Ed Mazur said he has accepted Jay Doherty’s resignation as president and member of the board.

One source close to the probe into ComEd, which has been subpoenaed for records related to its activities in Springfield, says Doherty had more than 100 people drawing funds that originated with ComEd on his payroll, some in positions that involved little actual work.

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Illinois muni bond banker accepts award at The Bond Buyer’s annual gala – Video

Comment: A description of the muni bond industry that we find (um, how can we say this politely?) novel: “The opportunity to work in this industry with all of you has been extraordinary. The values, the vision of the people in public finance, my colleagues, my clients and, yes even my competitors — we all shared a journey because we want to leave this world a little better than it was…. We are unique as a financials services sector because we actually care about people.”

 

 

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Pritzker backs former Senate Republican leader for ethics commission after mistakenly appointing recent lobbyist – Chicago Sun-Times

Pritzker on Thursday appointed former Illinois Senate Republican Leader Christine Radogno to a newly formed ethics commission.

The governor on Wednesday named his four appointees to the commission, including former state Rep. Steven Andersson. Andersson was one of a dozen Republicans who joined Democrats to vote for a budget and income tax hike in July 2017 over the objections of former Gov. Bruce Rauner.

Andersson, however, was a lobbyist until June 28. The resolution bars anyone who registered or worked as a lobbyist in the previous five years.

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When a ComEd rate cut is actually a rate hike – Crain’s

The commission yesterday approved a $17 million reduction in ComEd’s delivery rates as requested by the utility. In a release, ComEd delivered the good news, saying the average residential customer would see their monthly electric bill decline by 60 cents next year.

But the release didn’t tell the whole story. ComEd’s net rates actually will climb by $33 million next year thanks to a move late last month to boost ComEd’s customer charge by $50 million for the energy-efficiency programs it administers. That Nov. 26 ICC ruling wasn’t the subject of any ComEd press release.

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A decade after recession, Illinois’ construction industry is ice cold – IL Policy

In 2018, Illinois saw 10,000 permits issued for new single-family homes, according to the U.S. Census Bureau. The state averaged around 40,000 permits a year prior to the Great Recession. That 75% plunge is the worst decline of any state in the nation. Indiana, Michigan, Wisconsin and Missouri have all seen more single-family home construction than Illinois for three years running.

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Get Your Priorities In Order, Illinois – Forbes

Which matters more:

Providing the necessary funding for the intellectually disabled to be able to access group homes and day programs after they age out of the public school system?

Or preserving, in the state pension plans, the 3% fixed annual cost-of-living increases, and unreduced retirement as early as age 55*?

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Plummer to Brady: Let’s get ethical – WCIA

Senate Republicans are closely monitoring and mulling over Minority Leader Bill Brady’s reaction to a recent rift that opened up between him and state Senator Jason Plummer over ethics and how forcefully or strategically to confront corruption.

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Tired of waiting for new Chicago police contract, FOP puts demand for 18% pay raise over 3 years to arbitrator – Chicago Sun-Times

Lightfoot agreed to pay striking teachers 16% over five years with staffing increases and other perks that pushed the overall price tag to $1.5 billion amid concern that would become the floor for police officers and firefighters.

Those fears turned out to be wrong.

Rank-and-file police officers won’t be content with simply matching the teachers. Their union is demanding an 18% pay raise over three years.

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Pritzker defends social equity measures in recreational pot bill, tamps down expectations for Jan. 1 launch – Chicago Tribune

“Our goal is not to immediately deliver as much access to recreational cannabis as possible as quickly as possible,” Pritzker said while signing a measure that tweaks the landmark legalization bill he signed in June.

Rather, Pritzker said, the overarching aim of the legalization law is “to address the inequities that have wreaked havoc on many of our communities.”

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FBI agents asking questions about House Speaker Madigan and his political operation, say four people they’ve interviewed – Chicago Tribune

Federal authorities have asked questions about Democratic Illinois House Speaker Michael Madigan and his political operation as part of an ongoing investigation, four people who have been interviewed told the Tribune.

The sources, all of whom requested anonymity, said FBI agents and prosecutors asked about connections between Commonwealth Edison lobbyists and Madigan, lobbyists giving contracts to people tied to the speaker, and city, state and suburban government jobs held by his associates.

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Recreational marijuana in Chicago is coming soon, but aldermen want more minority participation – Chicago Tribune

I’m telling them right now, don’t even talk to me unless you have African American partners,” said Ald. Walter Burnett Jr., 27th. “Don’t waste your time coming to see me. Because I don’t even want to talk to them. Because I think you’re just being racist in my face when you talk to me about this stuff and you don’t allow African Americans to be your partner. It’s ridiculous, man.”

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Illinois families sue TikTok, parent company over data practices – The Hill

Two Illinois children and their mothers sued the social media company TikTok and its parent company on Tuesday for allegedly collecting the personal information of minors without parental consent.

TikTok and ByteDance Technology allegedly tracked, collected, and disclosed information to a third party about the children that used the companies’ Musical.ly app, according to a lawsuit filed in the U.S. District Court for Northern Illinois.

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Cullerton got back-door loan from clouted bank – Chicago Sun-Times

In an unusual transaction, retiring Illinois Senate President John Cullerton obtained a personal loan from a politically connected Chicago bank by using money from his campaign fund as collateral, the Chicago Sun-Times has learned.

The deal allowed Cullerton to sidestep campaign finance disclosure requirements that would have been triggered if he had borrowed or withdrawn the money directly from his campaign fund.

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Straighten up and fly right – Editorial – News-Gazette

Gov. J.B. Pritzker vetoed legislation that would have canceled an estimated $50 million in sales taxes owed by 14 luxury private jet companies doing business in Illinois. That group includes Flightstar in Savoy.

There are several questions surrounding this complicated situation, the biggest being just who’s responsible for what appears to be a costly oversight.

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Chicago’s New Planning Chief Has Fresh Eyes For INVEST South/West – WBEZ

As a part of INVEST South/West, the city pledges to commit $220 million in tax-increment financing dollars, $30 million from the Neighborhood Opportunity Fund along with $500 million in planned infrastructure investments and partnerships with sister city agencies. The city needs to raise an additional $250 million from private companies. BMO bank has pledged $10 million.

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Editorial: Illinois’ corruption eruption: Giving thanks for FBI agents and federal prosecutors – Chicago Tribune

Federal law enforcers have been as busy as most members of the Illinois political class have been unnerved. The extent of the investigations remains unknown. Sweeps and subpoenas don’t automatically translate into indictments or convictions. But the U.S. attorney’s office is charging forward aggressively. For people cheated out of honest chances at jobs and contracts. For taxpayers. For citizens fed up with the stench of greed and corruption that rots a basic trust in government.

For that law enforcement effort we say,

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Senate President John Cullerton set to collect $2M pension – IL Policy

The departure of Senate President John Cullerton, D-Chicago, highlights one example of how pension sweeteners Illinois lawmakers passed decades ago are putting taxpayers on the hook for extravagant benefits today.

Cullerton is set to receive more than $2 million in state pension payments over the course of his retirement, should he live to age 85. He will take home nearly $4.2 million if he lives to age 95, which is $1.3 million more than he would have received without the special sweetener.

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Dorothy Brown’s office debuts upgrade to criminal court computers to wide ridicule – Chicago Tribune

The rollout of a long-awaited upgrade to Cook County courts’ archaic case management system by beleaguered Circuit Court Clerk Dorothy Brown’s office has caused disarray at the county’s main criminal courthouse on Chicago’s Southwest Side.

Attorneys and clerks interviewed by the Tribune since the rollout two weeks ago complained the supposed advancement has instead resulted in incomplete case information, poorly trained staff and lengthy delays in securing the most basic documentation.

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Alderman Says Gangs Have Left At Least 13 Blocks In The Dark In Brighton Park, And Problem Is Getting Worse – CBS Chicago

Walk down the streets in Brighton Park, you can see it for yourself – sliced wires hanging out at the bases of light poles. We found a few in such condition – pulled, broken, clipped.”

Why are they doing it?

“Obviously to be the dark to; do what they want to do – whether it’s driving through the neighborhood trying to shoot people, graffiti, or do other things of that nature,” Lopez said.

“As soon as we can fix it with CDOT, the lights are out the very next day,” he said.

CBS talked to people who live and work

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JIm Dey | Details, schmetails — just pass the pension legislation – News-Gazette

There was much celebration in Springfield two weeks ago after legislators passed a pension consolidation bill that its backers say will help put downstate fire and police municipal pensions on a firmer financial footing.

Gov. J.B. Pritzker called the legislation a “huge bipartisan step” toward “alleviating the enormous property tax burden in downstate and suburban communities.” Pritzker is at least two-thirds right — the vote was bipartisan and it was a step.

But huge? The facts don’t support that claim.

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Commentary: Math scares your child’s elementary school teacher — and that should frighten you – Chicago Tribune

What’s been overlooked is that teaching deep understanding to elementary students requires that teachers have that understanding themselves. Studies consistently show many don’t.

Research also shows that, compared with other college students, future elementary teachers are especially prone to math anxiety — apprehension about doing math that’s so severe it interferes with actually doing it. That anxiety remains once they are in classrooms, and studies show that students learn less math from a math-anxious

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Mayor Lori Lightfoot says alderman doesn’t understand budget because he went on hunting trip during committee hearings – Chicago Tribune

Far South Side Ald. Anthony Beale, 9th, called on Lightfoot last week to delay a vote on the 2020 budget due to concerns over $163 million in ambulance reimbursement payments she’s relying on as a key part of her spending plan for Chicago government.

On Monday, Lightfoot emailed Beale a response saying a delay would be “reckless and irresponsible.” Then she questioned the veteran alderman’s grasp of her proposal, saying his “predictions and statements about the proposed budget … reflect a basic

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Editorial: Illinois lawmakers try to skirt the impact of Janus. Why Gov. Pritzker should say no. – Chicago Tribune

Lawmakers during the fall veto session sent to Gov. J.B. Pritzker legislation that would make it easier for unions to recruit members and harder for employees to know their rights under Janus. Public employers — mostly governments — would be required to provide the names, addresses and contact information of their employees, including personal email addresses and cellphone numbers on file, directly to union bargaining units. If Pritzker signs the bill, he will demonstrate once again who actually runs Illinois state government. It’s not his administration. It’s not the department heads. It’s

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Chicago Treasurer Melissa Conyears-Ervin hired private security using taxpayer funds after CPD found there was no threat. She disagreed, saying people call her ‘the money lady.’ – Chicago Tribune

Chicago Treasurer Melissa Conyears-Ervin listens as her press secretary, Yolanda Joe, speaks during an interview at Conyears-Ervin's office in City Hall on Nov. 21, 2019, in Chicago.

“I cannot tell you how many places I go to where people say, ‘give me a loan, that’s the money lady, can you write me a check?’” Conyears-Ervin said. “People truly associate me with money … I’ve had people, when I walk in the room, they say, ‘Money, money, money — money.’”

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A political game that voters can’t win – Crain’s

At least 19 representatives of the current 118-member Illinois House were not chosen by voters when they first were seated, according to lawmakers’ biographical information on Ballotpedia. In the Illinois Senate, nearly a quarter of the 59-member chamber—14 senators—is filled by people who were appointed, not elected.

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Is Kimberly Lightford the next senate president? – WGN

 

She wants to take on Springfield’s culture of harassment and intimidation.“ There’s a lot of dictatorship in Springfield and it’s a changing and moving environment,” she said. “The culture is a lot different today than it was as it relates to men and women relationships. It’s time for us to have those uncomfortable conversations around relations.”

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A Chicago city income tax could be in our future because other alternatives are worse – Chicago Sun-Times

Comment: This article is a great example of how our press bears some of the responsibility for our fiscal crisis. This author ignored the Rhode Island decision on cutting pensions, which is the only decision on the point about a pension amendment, which he got wrong. Then there’s Ralph Martire, executive director of the Center for Tax and Budget Accountability, saying “it’s a rational thing to do” but only after exploring all other avenues. The author didn’t bother disclosing that CTBA is a union-funded propaganda machine, and quoted nobody else.

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How Are CPS Teachers Getting Post-Strike Makeup Days Off? – CBS Chicago

First, the Chicago Teachers Union demanded more makeup days for time spent on the picket line – and they got some of them, exactly as they wanted.

But now, CBS 2 Political Investigator Dana Kozlov has learned that teachers won’t be at work anyway on many of those days – and the Chicago Public Schools system is scrambling to find substitutes.

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