Category Archives: Property Taxes

Sometimes You Have To Hold Your Nose And Vote “Yes”

On Monday, the House finally passed an education funding bill. The last time the legislature passed a funding bill was in 1997, and in those 20 years, the formula has been changed to the point where the original was barely … Continue reading

Posted in Education, Illinois Budget, Property Taxes | Tagged , , | Leave a comment

The Pension Shift Buried in the Illinois Budget

As Nancy Pelosi famously said during the Obamacare debate: “(W)e have to pass the bill so you can find out what is in it…” That quote must also be applied to the Budget Implementation Bill (BIMP) passed by the Illinois … Continue reading

Posted in Education, Property Taxes, Public Pensions | Tagged , | 1 Comment

OK, Mr. Speaker, the Ball’s in Your Court.

The Governor has issued an amendatory veto to Senate Bill 1, and the gnashing of teeth and rending of garments has begun. Chicago Mayor Emmanuel, who’s staring into an abyss not completely of his own making but which is now … Continue reading

Posted in Education, Illinois Budget, Property Taxes, Public Pensions | Tagged , , , | 1 Comment

Creative Destruction in Education

People I’m talking to during the campaign tell me that property taxes are the top issue they want to see fixed in McHenry County. They all understand that the real driver of high property taxes is the cost of education. … Continue reading

Posted in Education, Federalism, Property Taxes | Tagged , , | 1 Comment

Providing Some Breathing Room to Seniors

As we search for ways to lower property taxes for everyone, there’s a simple remedy to allow those who live on fixed retirement incomes to gain some relief. If you take a look at your Illinois income tax return, you’ll … Continue reading

Posted in Property Taxes | Tagged , , , | Leave a comment