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Guided Transfer support account for the two week period after transfer. Safe to delete if the support period is over.

Cost Shifting is Buck Passing By Another Name

Governor Rauner certainly got everyone’s attention last week when he proposed that the employer’s share of pension costs be shifted from the State to local school districts. The pension shift has been a topic of conversation for some time. House … Continue reading

Posted in Illinois Budget, Public Pensions | Tagged , | Leave a comment

It’s Not the Pension (Entirely), It’s the Debt

“If something cannot go on forever, it will stop.” – Herbert Stein’s Law In his budget address this week, Governor Rauner made big news by proposing that the employer portion of the normal costs of teacher pensions be shifted from … Continue reading

Posted in Public Pensions | Tagged , | 1 Comment

Let’s Leave the Mud-Wrestling to the Democrats

We’re all familiar with the term “Hail Mary”. It happens in football, and it happens in politics. The ad thanking Governor Rauner for all of the social-policy failures of his first term is just such a thing. I’ll dispense with … Continue reading

Posted in 2018 Election | Tagged | Leave a comment

For Municipal Pensions, the Can Has Reached the End of the Road

Pensions are now cutting into essential services. This needs to be fixed, and there are no easy solutions. Continue reading

Posted in 2018 Election, Public Pensions | Tagged , | Leave a comment

This Is What Happens When Democrats Do Tax Bills

Combine a limitation on state and local taxes (SALT) under the new Federal tax bill with Democrats scrambling to score political points in an election year, stir in a dash of hypocrisy, and what do you get? You get H.B. … Continue reading

Posted in 2018 Election, Property Taxes | Leave a comment