Peoples Gas pipe replacement is costing Chicagoans more – Chicago Sun-Times*

Consumers are now paying about 10 times the original $1.14-per-month estimate given to the Illinois Legislature when it passed a law in 2013 allowing the utility to bill customers via an added “rider” on their bills for the work. And the work is behind schedule.

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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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