How much of your county’s transit sales tax dollars are going to transportation? It ranges from 3% to 100% – Daily Herald*

There’s been much ado about the $730 million shortfall facing Metra, Pace and the CTA in 2026 dubbed the “fiscal cliff.” But it’s not the first one. A 2008 transit “doomsday” resulted in state lawmakers raising the RTA sales tax, with part of the proceeds spinning off to the Collar Counties to pay for transportation projects.

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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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