Message to the Governor and General Assembly: Fully Fund LGDF – The Daily Line

Brad Cole, of the Illinois Municipal League: "As it stands today, just 6.06 percent of revenue from individual income taxes and 6.845 percent of revenue from corporate income taxes is being sent to support communities across Illinois; a far cry from 10 percent. In other words, after 40 years of success, the past decade has seen the state fail to honor its agreement as the local share of income tax revenue has been nearly cut in half."

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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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