The Fiscal Firebomb Looming for Small Cities in Illinois – Governing

Comment: We told you they were "toast" years ago.
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P M
7 years ago

I am rather curious to know (hint perhaps someone with thee legal knowledge can reply) if it is possible for border communities and even the southern tip of Illinois to petition to become part of the adjacent states? Thus they would no longer be bound by the Illinois Constitution.

If you look at the map many of the border communities have far more, culturally in common with the adjacent states (notable exceptions being Rockford, .Chicago)..

Curious…

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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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