-- Connecting the dots between our economy, government and business --
For example, there’s more than $78 million in unfunded maintenance needs over the next several years to replace roofs and HVAC systems, repave parking lots and repair dams and shorelines, the proposed budget outlines. The pension fund needs $10 million a year or else it will run out of money by 2041, and both the Zoo and Botanic Garden each have urgent capital improvements.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
The labor in the $78M will be mostly or entirely performed by private sector union labor in the building and construction trades unions. The workers performing the labor are forced to be union members (cannot opt out of the union) because Illinois is not a Right to Work state. Amendment One on the November 8, 2022 ballot cements that “no Right to Work unless you pay the private sector union” rule into the Illinois State constitution. Illinois would be the first state to have a no Right to Work rule in the state constitution. “For example, there’s more than $78… Read more »
“The pension fund needs $10 million a year or else it will run out of money by 2041 …”
The pension fund needs no more money, because pensions are already bloated.
On the Cook County ledger the Forrest Preserve budget goes exclusively to vote buying. The only funds that go to the FP is for the patronage payroll.
wasn’t all the fed covid $ supposed to go to infrastructure maintenance/ renovations? CC still has a ton of fed covid $ left…..oh, sorry, my bad dummy me– spending $ on cc forest persevere would mean less $ for equity hustle “free stuff” giveaways
Wait, you mean there might be a financial problem in Cook County? Didn’t the Democrat financial geniuses already fix everything?
We all need to make do with less, Toni, it’s the progressive way. No tax increase.
Yeah, shared sacrifice.