Illinois’ comeback story starts here.

Jaurice Winston

Jaurice Winston

“I’m from the West Side of Chicago, the Austin area to be specific. There were lots of summer programs in my area and the one I signed up for was run by the Male Mogul Initiative. I had no idea what it was or what it was going to do for me.” “Everything I learned...

Illinois lawmakers plan to short pensions by $5.1B in July

Illinois lawmakers plan to short pensions by $5.1B in July

Illinois’ five state-run retirement systems need $16.8 billion in funding for the coming fiscal year, but state lawmakers only plan to pay $11.7 billion. That’s $5.1 billion less than needed for plans already approaching insolvency.

By Bryce Hill

A way out: Bankruptcy authorization would give struggling Illinois municipalities options

A way out: Bankruptcy authorization would give struggling Illinois municipalities options

Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...

By Joe Tabor