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Category Archives: Property Taxes
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 Illinois Budget, Public Pensions 2 Comments
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
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 Education, Nevada ESA, School Choice 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
Education Part V: Property Taxes, the Well Has Gone Dry
“The State has the primary responsibility for financing the system of public education.” Constitution of Illinois, Article X, Section 1 Question: Why do property taxes keep going up? Answer: Because they can. Over the past several posts, I’ve discussed the … Continue reading
Posted in Education, Property Taxes Tagged Chicago Public Schools, General State Aid, Poverty Grant, Property Taxes 2 Comments