Chicago mayor to lobby state lawmakers to preserve $12M in potential lost revenue – FOX32 (Chicago)

Brandon Johnson, along with mayors from Broadview, Fox Lake, Lynwood, Palos Hills, and other local municipalities, will argue that the loss of money shared with municipalities from the Local Government Distributive Fund (LGDF) would impact essential services they provide their residents.
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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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