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If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
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This is crazy. You raise property taxes an unbelievable amount, then spend some of that money on an outside firm to hand out $1,000 to only those homeowners who are aware of the program and can actually figure out how to apply. But only for one year. Here’s an idea – an across the board reduction in property taxes to what the homeowner paid in 2023, with an increase of no more than 2%.
Ugh, more handouts at our expense