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.
This is comical…532 unused sick days, 310 accrued comp days, and 3 DUI’s!
https://abc7chicago.com/archive/6425989/
This is going on all over the state. Here in Rockford school dist 205 test scores came in and 16 schools are at the bottom of the barrel in Illinois -reading down-math down and so on while earlier in the year the teachers voted themselves a $20.6 3/yr contract then the super and no union received raises. Our taxes are sky high here at 14.83% on 1/3rd value. Maybe they need more money? after all taxpayers have bottomless pockets!!
The school board should be held accountable for the outrageous contract this man got for overseeing 1,200 students?
Inept, nontransparent school boards are among Illinois’ central problems.