College towns are the losers this football season. ‘This year is the year of survival.’ – Chicago Tribune*

In Champaign County, where the University of Illinois is located, each home football game brings in about $3 million to the local economy, according to a Visit Champaign County study. The Fighting Illini will play four home games compared with the usual seven or eight, in a mostly empty Memorial Stadium.

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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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