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Archive for the ‘Cost of Living’ Category

The Village Board of Trustees will be conducting their regular monthly meeting this evening beginning at 6:30 PM. Topics on their agenda include:

A copy of their agenda, including info on listening to the meeting, can be viewed and downloaded here.

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An Illinois neighbor is vying for donations from state residents.

By Hannah Schmid | Illinois Policy Institute

A new local billboard is garnering media attention by advertising that Illinois taxpayers can get a federal income tax credit for donating money to students out of state.

The billboard, in south suburban Chicago near the Indiana border, refers to the Federal Scholarship Tax Credit, also known as the Education Freedom Tax Credit. The program offers taxpayers a dollar-for-dollar income tax credit for donations of up to $1,700 per year to qualified scholarship-granting organizations.

Any taxpayer in any state can claim the credit starting in 2027. But only students in states whose governor has opted into the program can benefit from the donated education money.

Gov. J.B. Pritzker has not opted Illinois in. Four of Illinois’ neighbors have, including Indiana, where the billboard is advertising Illinoisans to donate scholarship money.

The billboard is correct:

  • If Pritzker opts Illinois in: Donated money flows to eligible Illinois students.
  • If Pritzker does not opt Illinois in: Illinois donors can still claim the federal tax credit by contributing to qualifying scholarship-granting organizations in participating states such as Indiana, but Illinois students cannot receive any of the donated money.

Article continues here.

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What follows was read by Tower Lakes Village President Andy Hay on behalf of BACOG members at last night’s District 220 Board of Education meeting during public comment:

“Dear President and members of the Barrington 220 Board of Education,

Thank you for the opportunity to address the Barrington 220 Board of Education regarding the potential new Lake County School Facilities Tax that will be on the ballots this November.

The Barrington Area Council Of Governments, BACOG, represents local governments across four counties in Northeast Illinois, including nearly all of District 220.

We write today as a united region to advocate for the interest of all of our residents.

We recognize the pressures you face as a unit of local government to provide strong services and quality facilities while managing rising costs.

However, BACOG respectfully urges you to avoid promoting approval of this sales tax increase, even implicitly.

Now is not the time to ask our residents to approve a higher sales tax. Affordability concerns are very real.

The proposed sales tax would raise costs for all families buying goods in Lake County, including essential goods, regardless of their income level or ability to absorb the increased expenses.

This burden would come when families are already facing high inflation and the resulting rapid rise in the cost of living.

BACOG recommends that the District public statements focus on its track record of good stewardship and how it uses existing available resources to meet its student’s needs.

We urge you to clearly state that the District is not actually seeking approval of this referendum.

If you publicize the projects and services that would be funded by the new tax, give equal attention to the increased cost of goods.

You should only suggest the property tax reduction if you are willing to commit to providing one.

Better yet, express your appreciation for the support of the community already shown the District when it approved the two recent referendums.

If the countywide tax increase is approved, District 220 will face crucial decisions regarding the use of funds distributed to our region.

BACOG urges you to treat this as an alternative funding source for education that reduces reliance on property taxes rather than viewing it as an additional funding.

To do so is imperative, that the property tax assessed by the District be reduced in an amount that corresponds to the Sales Tax revenue received.

To clarify, the new revenue would come, at least in part, from our resident’s pocket, should not be treated as bonus money and simply added to your operating budget.

BACOG strongly recommends that you choose the option articulated in the referendum’s terms of debt reduction and tax abatement for our residents.

If this tax is approved, our residents will not be able to avoid paying more for their family’s essential goods, but you do have the ability to reduce the burden born by those same taxpayers.

Notably, the District did not identify a missing or inadequate service in 2026 that would cause it to affirmatively ask the community for increased funding.

When there was such a need in 2020 and 2024, the voters in District 220 answered the calls to financially support extensive infrastructure improvements and agreed to increase property tax bills.

This is your opportunity to recognize that support and acknowledge the additional funding is not needed to sustain the current high quality of District 220 operations.

As a result, the District should direct any funds received through this new tax to reduce the outstanding debt and provide a corresponding property tax abatement.

Thank you for your consideration and support of Barrington area students and their families.

We would welcome the opportunity to discuss this issue further and work together with the Board of Education and District staff on behalf of our residents.

We all have a responsibility to manage public funds that our entrusted to us with care.

Through our collective efforts and investments, we can insure the continued viability and livability of our region.

And it’s signed by all the members of the towns of BACOG.

Thank you for your consideration.”

The link to the reading of the letter can be found here.

The Lake County School Facilities Tax referendum wording reads:

“Proposition To Impose County School Sales Tax

Shall a retailers’ occupation tax and a service occupation tax (commonly referred to as a sales tax) be imposed in The County of Lake, Illinois, at a rate of 1% to be used exclusively for school facility purposes, school resource officers, and mental health professionals?”

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Juliana Stratton (left)

By Mark Glennon | Wirepoints

The balance in the United States Senate after November’s elections is likely to be razor thin, making each Senator’s competence critical in what is among the most dangerous periods America has faced, both internationally and nationally.

Juliana Stratton wants a promotion to the Senate from lieutenant governor — a mostly ceremonial post in Illinois. She’s asking for that promotion from behind a curtain, denying voters any opportunity to see whether she has even a meager understanding of the issues she will face.

Multiple debates and forums would be the best means to learn about Stratton — as well as about Don Tracy, her Republican opponent, whose Senate credentials are also little known to Illinois voters. Tracy accepted offers to no fewer than seven such events from CBS2 Chicago, FOX 32 Chicago, the League of Women Voters of Peoria, the Illinois Farm Bureau, the Illinois Manufacturers’ Association, the Technology and Manufacturing Association and the Illinois Municipal League.

Stratton, however, refused all but one , and it will be very late, set for October 20. Early voting starts September 24 in Illinois, nearly a month before that. And with Chicago’s PBS affiliate, WTTW, being the moderator, we should expect no tough questions for Stratton.

How about a long interview by a fair reporter versed on national issues?

Forget it. You will find none. For that matter, you won’t find one on any matter for the entire duration of her political career in Illinois. When asked for an interview in July by one source that can be reasonably expected to ask hard questions, The Center Square, Stratton declined. Tracy, in contrast, has given multiple interviews to sources both left- and right-leaning.

In fairness, Stratton did participate in multiple debates and forums when running in the Democratic primary. However, that was against fellow progressive Democrats who largely agreed with her and she was never challenged on the major issues that divide the country and would be important to undecided and swing voters.

What do we know about Stratton, aside from her record of complete allegiance to Gov. JB Pritzker on Illinois issues?

On her web pages and elsewhere you can find the standard list of the far left’s policy positions. They include abolishing ICE, which she says is unfixable; a national $25 per hour minimum wage, even in rural areas; Medicare for all, with no cost analysis provided; and ending the 51-year old Senate filibuster rule.

Her top priority, however, is fighting back against President Trump, she has emphasized. We might therefore expect some substance in her views about Trump, right?

Her most notable words about Trump were in an ad that did get her national and international attention, but it was ridiculed for its vacuous crudeness, even by left-leaning sources like Britain’s The Guardian. It was a 30-second ad in her primary race with a string of “F— Trump.”

Article continues here.

Mark Glennon is founder of Wirepoints.

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Daily Herald Letter to the Editor

Illinois is home to more than 1.2 million small businesses. Small businesses create jobs, serve their communities, and drive economic growth across the state. To keep that momentum going, Illinois must foster a business and legal climate where a small business can continue to succeed.

Lawsuit abuse has become a major driver of the rising cost of doing business in Illinois. As owner of my new business, American General Storage and part of my family’s 60-year-old manufacturing company, Stanley Machining & Tool, I’ve seen firsthand the many obstacles that can jeopardize a company’s growth. Success becomes harder to sustain as lawmakers continue to add new costs and legal risks onto small business owners.

Last year, Gov. Pritzker signed Senate Bill 328 into law, which now opens Illinois courts to hear cases with out-of-state plaintiffs and defendants. From policies like this one that expose Illinois businesses to more lawsuits, to higher taxes and rising costs, small-business owners are being asked to absorb one added expense after another. Even worse, recent worker’s compensation legislation  threatens to add yet another layer of litigation risk for employers. For small businesses, these costs add up very quickly.

Illinois lawmakers should give small businesses a fair chance to invest, grow, and support their communities. That starts with addressing lawsuit abuse, which is rising costs and making it harder to do business in Illinois.

Karen Trzaska, Barrington

Source

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Illinois’ population has shrunk under Gov. J.B. Pritzker’s leadership and is predicted to fall further.

By Adam Gorcyca | Illinois Policy Institute

While population growth is a basic measure of effective governance, tens of thousands of people have left Illinois under Gov. J.B. Pritzker.

The state’s outmigration challenge is expected to worsen, with Illinois projected to lose 600,000 residents by 2033, driven by a drop of 450,000 in Illinois’ prime-working-age population.

And from 2020 to 2025, Illinois’ population of residents under 20 fell by 6.8%, more than three times faster than the national average of 2%, according to the U.S. Census Bureau.

Net loss of 168,000

Since 2018, the state has lost a net of more than 168,000 residents, or over 1% of its population. Illinois ranks 48th in population growth rate among the 50 states.

The rest of the Midwest grew by 2.1% during the same time period.

Of the nearly 83,000 residents who left in 2024, almost all of them went to states with lower taxes. Florida alone claimed a net of over 11,000 Illinois residents that year, while a net of nearly 37,000 left for Illinois’ neighbor states.

Pritzker’s second term has seen a slight uptick in population, largely because of international migration. Without that boost, Illinois’ total would have declined in 2025.

Report continues here.

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The Illinois Tollway board is slated to vote on the proposal this week.

By Ethan Soifer | Illinois Policy Institute

Online public commenters overwhelmingly oppose proposed Illinois Tollway hikes slated for a vote this week.

Out of nearly 13,750 online comments received from June 18 to Aug. 3, about 10,500 oppose the proposal, 2,250 support it, and 1,000 were neutral. The Illinois Policy Institute obtained the results via a Freedom of Information Act request.

The public comment period has closed, but you can still let the board and Gov. J.B. Pritzker know you oppose the hike here.

The tollway board will likely approve the largest passenger toll hike in Illinois history at its Aug. 19 meeting. The plan would increase fees by 57% for passengers, costing a commuter who passes through two tolls a day for 50 weeks $225 more in 2027.

Commercial vehicles would pay 30% more, which could increase the price of consumer goods transported through Northern Illinois.

Starting in 2029, automatic inflation-linked increases would be imposed every two years without additional board votes.

Report continues here.

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Tall electrical towers follow a north-south pathway through Barrington Hills in 2023. | Stacey Wescott/Chicago Tribune

By The Editorial Board | Chicago Tribune

Electric bills are a sore spot with consumers and for good reason.

They would be set to go quite a bit higher in the next few years but for an artificial cap the regional power-grid manager serving Commonwealth Edison’s territory and all or parts of 12 other states has imposed on the price paid to power generators for promising to deliver when most needed. That cost, reflected in the electric bills all of us pay, is established via an auction held ahead of time by PJM Interconnection, operator of this regional grid that includes northern Illinois.

PJM (one of several U.S. regional grid overseers that reports to the Federal Energy Regulatory Commission) ran its auction just last month for the delivery year beginning June 1, 2028, and ending May 31, 2029. And the results delivered a stark — but largely unnoticed — warning for the Chicago area.

The cost of “capacity” in the period was capped at $325 per megawatt-day, about the same as ratepayers are charged now. But, based on the bids PJM got from generators and other providers, if there had been no price cap, the capacity charge just in the ComEd territory would have been more than double at nearly $777 per megawatt-day, far higher than any such price ever recorded by PJM.

In every other part of the PJM footprint, which runs east from here to the mid-Atlantic, the cost would have been higher without a cap as well. But it “only” would have been about $555 per megawatt-day.

If that price in the ComEd territory had been allowed to stand, monthly electric bills for residents of single-family homes would be increasing $35 to $77 beginning in mid-2028 for that reason alone, according to ComEd. Those in apartments would be paying $17 to $38 more.

You may be wondering why you should care if regulators and politicians have worked to keep such disastrous outcomes from occurring. The reason, as we’ll explain further below, is that price controls of this sort reduce supply and risk future shortages. In other words, which is worse? Nosebleed electricity prices or rolling blackouts when temperatures soar?

That said, why is northern Illinois such an outlier? PJM didn’t say in their auction release. But Joseph Bowring, the independent market monitor for the PJM region (he serves as sort of a referee for the market, assessing bidder behavior and other things), wasn’t so reticent. He told RTO Insider, a trade publication, that the state’s clean-energy law, the 2021 Climate & Equitable Jobs Act, is responsible.

Editorial continues here.

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By Jim Talamonti | The Center Square

Consumers in six Illinois counties will be soon be paying higher sales taxes.

Transit funding legislation signed by Gov. J.B. Pritzker last December provided for the 0.25% increase to take effect on Aug. 1 in Cook, DuPage, Kane, Lake, McHenry and Will counties.

The tax hike is projected to generate $478 million a year as part of the $1.5 billion in annual transit funding provided in Senate Bill 2111.

State Rep. Steven Reick, R-Woodstock, said suburban taxpayers are bailing out the Chicago Transit Authority.

“We’re giving them a lifeline of money that we’re not getting anything in return for,” Reick said.

The Center Square asked Reick if higher taxes might drive people out of the area.

“Here in McHenry County, we’re obviously on the border with Wisconsin. I think people are going to make economic choices to drive up to Walworth, in my case, to buy gas and things like that,” Reick said.

SB 2111 also gave the Illinois Tollway Board the power to raise tolls.

Before the bill passed, state Rep. Dan Ugaste, R-Geneva, said he appreciated the desire for a state-of-the-art mass transit system.

“I don’t know how, though, we justify spending more money than we need after $2 billion of tax increases in the last few years,” Ugaste said.

Report continues here.

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Illinois drivers have only a short window to comment on a $26.5 billion capital plan that includes the largest passenger tollway hike in state history.

By Shaw Carlson | Illinois Policy Institute

Drivers face up to 15 years of additional construction and congestion on Illinois toll roads under the system’s proposed capital plan.

They’ll also pay toll hikes continuing long after that.

The Driving Connections plan, announced in June, would spur projects on the Illinois Tollway system until 2042. The $26.5 billion plan would be funded with proposed toll hikes that Gov. J.B. Pritzker signed off on six months before the plan was released.

Former Tollway board member and state Sen. Bill Morris told the Daily Herald that “it appears they decided to raise tolls, and then they threw this together quickly for justification.”

The Tollway proposes raising tolls starting Jan. 1 by about 45 cents per toll for passenger drivers and 30% for commercial drivers. It would be the largest passenger toll hike in state history.

You can tell the Tollway Board to reject the tax hike here.

The board is hosting public meetings until July 24 and taking public comments online until noon Aug. 3. The next regular board meeting at which the hike could be approved is Aug. 19.

Lawmakers driven by road needs or union politics?

The proposed toll hike is tied to politics around last year’s mass-transit bailout. Lawmakers redirected about $1 billion a year from the Road Fund toward Chicago-area public transportation, a move opposed by construction unions objecting to losing that road money. The toll hike became the price for labor union support.

House Speaker Chris Welch said unions wanted something to point to that would “help keep working people working and keep roads getting repaired.”

Pritzker appoints the tollway board, and two of its members hold leadership positions in construction unions.

The Driving Connections plan would fund road-widening, reconstruction, bridge work and congestion relief across interstates 355, 88, 294, 80, 94, 90 and the Route 390/I-490 O’Hare-area projects.

Many of those toll roads have recently seen extended periods of construction.

I-294 remains tied up in Central Tri-State work, I-90 was modernized during the previous capital plan and Route 390/I-490 work has been going on for years.

Illinois spent $90,400 per lane-mile in 2023 on state-owned roads — about $16,700 more than the Reason Foundation’s model calculated it should have cost.

Article continues here.

Once again, you can tell the Tollway Board to reject the tax hike here.

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