Study suggests 10 jobs to be created for every $1M spent at planned Waukegan casino; Some city officials question the projections – Chicago Tribune*

The study is a compilation of projections made by four gaming companies which made proposals to the city four years ago. Three of those are finalists for the license with the Illinois State Gaming Board.

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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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