Lightfoot’s pension pitch hits wall in Springfield – Crain’s

The mayor in recent months has floated a variety of "help us" proposals, the most viable of which is to have the state assume unfunded Chicago pension liabilities as part of a package in which it also would help underfunded plans in numerous municipalities around the state. She's facing a projected $838 million budget hole.

But a wide range of Springfield insiders say that's not going to happen, at least not in the General Assembly’s fall veto session. Instead, a more limited plan that excludes help for Chicago is being teed up for consideration.

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S and P 500
4 years ago

This is like the story in Philly about how PFT wants $100 million from the state right away to repair school buildings. Apparently the union types aren’t familiar with the way you usually get that kind of money–you put it on a bond issue for the voters to approve.

https://thenotebook.org/articles/2019/09/19/amid-concerns-about-dangerous-building-conditions-school-board-approves-charter-renewals/

Bob Out of Here
4 years ago

BOHICA. She can jack taxes up and blame it on someone else-Springfield.

debtsor
4 years ago

I love to see Democrat in-fighting. Will Lori blame Springfield’s rejection on racism, misogamy, or something else?

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