Auto parts company to create 100 new Illinois jobs for $1.2M in tax breaks
Auto parts company to create 100 new Illinois jobs for $1.2M in tax breaks
Following $3.7 million in EDGE tax credits Illinois awarded the company last year, Flex-N-Gate is set to receive a $1.2 million tax break to boost its Danville workforce.
By Janelle Cammenga
Chicago-based MillerCoors shedding 350 jobs, despite $5.7M TIF subsidy
Chicago-based MillerCoors shedding 350 jobs, despite $5.7M TIF subsidy
MillerCoors opened its Chicago headquarters in 2010. Eight years and nearly $6 million in subsidies later, the beer giant has been hammered by a heavy round of layoffs.
By Vincent Caruso
53 representatives sign on to letter opposing progressive tax
53 representatives sign on to letter opposing progressive tax
Taxpayers across Illinois oppose a progressive tax but many state lawmakers still refuse to stand up against House Speaker Mike Madigan’s progressive tax push.
By Chris Lentino
Did your state representative take Madigan money?
Did your state representative take Madigan money?
Campaign finance records reveal more than 60 sitting state representatives have received nearly $15 million from the state’s most powerful politician over the course of their careers. In turn, they often give him one of the most important votes he needs to maintain power: the vote for speaker of the House.
By Chris Lentino, Austin Berg
Chicago mayoral term limits small step closer to reality
Chicago mayoral term limits small step closer to reality
A group led by former Illinois Gov. Pat Quinn is one step closer to getting a binding referendum question on the November ballot that would place term limits on the mayor of Chicago.
Rauner signs bill removing barriers for human trafficking survivors
Rauner signs bill removing barriers for human trafficking survivors
Gov. Bruce Rauner has signed into law a measure allowing human trafficking survivors to apply to have their criminal records sealed for offences committed under coercion.
By Janelle Cammenga
Schaumburg Park District pensions costing taxpayers millions
Schaumburg Park District pensions costing taxpayers millions
One former Schaumburg Park District employee alone has accumulated more than $1 million in pension benefits after retiring at age 55.
By Vincent Caruso
Rauner vetoes Lake County assessor bill
Rauner vetoes Lake County assessor bill
Gov. Bruce Rauner vetoed a measure that would let Lake County voters elect an assessor, suggesting that it apply to all counties instead.
By Austin Berg
Niles school district employee receives extra $66K in payroll error, only required to pay back half
Niles school district employee receives extra $66K in payroll error, only required to pay back half
Due to a payroll error, a part-time school library worker was overpaid $66,000 over five years, but will only be required to pay back half that amount under a settlement agreement between the school district, the employee and her union.
Moody’s: Illinois pension debt-to-revenue ratio hits all-time high for any state
Moody’s: Illinois pension debt-to-revenue ratio hits all-time high for any state
According to a new report by Moody’s Investors Service, Illinois’ unfunded pension liabilities equaled 601 percent of state revenues in 2017, a U.S. record.
By Adam Schuster
Rauner rejects bill aiming to squeeze out rental car competition
Rauner rejects bill aiming to squeeze out rental car competition
Using his amendatory veto authority, the governor blocked a proposal by the General Assembly that would have protected traditional rental car companies by stifling car-sharing startups.
Illinois’ Gordian knot: Pensions, insolvency and the ‘b word’
Illinois’ Gordian knot: Pensions, insolvency and the ‘b word’
If lawmakers continue to balk at building the tools necessary to reform pensions, bankruptcy will be the only way out for communities across the state.
By Austin Berg