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Archive for the ‘Fools and their money’ Category

The Hyatt Hotels heir and Illinois governor once removed five toilets from his mansion to save hundreds of thousands of dollars in taxes | L: James Talarico (Alberto Silva Fernandez/Getty Images), R: J.B. Pritzker (Scott Olson/Getty Images)

By Zach Kessel | The Washington Free Beacon

Left-wing Texas Senate candidate James Talarico, who says “billionaires” are “destroying this country,” held a big-ticket Chicago fundraiser with billionaire Hyatt Hotels heir and Illinois governor J.B. Pritzker (D.), where attendees were encouraged to contribute as much as $13,500 to attend.

The invitation for the Wednesday evening fundraiser, which was first reported by the New York Times‘s Teddy Schleifer, lists prominent liberal donors Robert Kohl and Clark Pellett as part of a host committee and touts Pritzker as the “special guest.” An online RSVP page shows that a ticket cost at least $500, while “hosts” contributed $5,000 and “champions” contributed $13,500. Contributions above the federal limit to an individual candidate of $3,500 went to the Texas Democratic Party and Democratic Senatorial Campaign Committee, according to the invitation.

While Talarico for years advertised his support for “trans kids” and “bold, progressive ideas” as a state lawmaker in a deep-blue Austin district, he has pivoted to attacking billionaires while running for Senate in a state that backed President Donald Trump by double digits. Shortly before launching his campaign, in July 2025, Talarico said in a stump speech, “The only minority destroying this country is the billionaires. … Undocumented people aren’t defunding our schools.” Talarico’s campaign site, meanwhile, says that the “biggest divide in this country is not left vs. right” but “top vs. bottom” and that billionaire “corruption” is hurting “working people.”

Pritzker might be a target of Talarico’s ire, were he not a Democratic official driving deep-pocketed donors to Talarico’s campaign.

Article continues here.

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A picture of the corner of Cook and Station streets shows a tree that was recently taken down as part of the Barrington streetscape improvements. | Courtesy of Bill Hartman

By Steve Zalusky | Daily Herald

The owner and manager of a downtown Barrington building are upset that a mature tree was cut down during the village’s streetscape improvements around Cook Street Plaza.

Holly McClintock, who owns the plaza near Cook and Station streets, and Kristin Beecher, who manages it and lives above Cook Street Coffee, which is part of the development, confronted the village board Monday, as did another concerned resident, Bill Hartman.

Beecher and McClintock said the village the tree, located on the east side of Cook Street Coffee at Cook and Station streets, could stay.

“We were told the tree would stay,” Beecher said. “Twenty years to grow and 20 minutes to cut down.”

Beecher said she was told May 15 the tree needed to come down, but she scheduled a meeting with village officials the next business day to discuss it. Before the meeting could be held, she said, a crew cut it down. She said a street superintend

The corner of Cook and Station streets, the former location of a tree recently removed as part of ongoing streetscape improvements. | Steve Zalusky/szalusky@dailyherald.com

In its place the village is building a seat wall where downtown visitors can sit. Beecher is concerned new trees will struggle to grow within the four-foot-deep fixture.

Article continues here.

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Gov. JB Pritzker and Lt. Gov. Juliana Stratton

By Mark Glennon* | Wirepoints

Both Gov. JB Pritzker and Lt. Governor Juliana Stratton cite their fiscal accomplishments in Illinois in their campaigns for higher office. Among many reasons to reject those claims is the unsustainability of what’s been put onto taxpayers’ backs during their administration.  That total, which very roughly is $162 billion, has provided some degree of stability to state finances and garnered bond upgrades.

However, the consequence is unaffordable government and a cannibalized tax base that is fleeing.

Three buckets go into that $162 billion estimate. Some of it is imprecise, for the reasons indicated, but the big picture is clear.

First, 57 separate state tax and fee increases a raised $77 billion in total since Pritzker took office in January 2019, That number is quite precise and is detailed in a recent report by the Illinois Policy Institute.

Total tax and fee increases:  $77 billion

Second, Illinois governments received some $40 to $54 billion (depending on who is counting) of federal Covid pandemic relief.

That figure includes assistance to local governments that did not all go directly into the state budget. However, that local relief helped take the burden off the state for many of the myriad obligations shared by the state and localities. Moreover, the state also got a huge boost in income tax revenue thanks to the surge in private sector Covid relief. According to Pew Research, Illinois was among the biggest beneficiaries. It was one of 17 states where above-trend revenue accounted for more than half of their total growth during that period. A separate study by University of Illinois researchers also documented the surge as well. We will ignore that surge and just go with the lower number for direct Covid payments to government, which is $40 billion.’

Report continues here.

*Mark Glennon is founder of Wirepoints.

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“Illinois received zero points for balance sheet transparency”

By Jim Talamonti | The Center Square

A new report ranks Illinois 46 out of 50 states for financial transparency, partly due to the state’s slow fiscal reporting.

Truth in Accounting’s Financial Transparency Score 2026 report evaluates how effectively each state discloses its true financial condition through audited reports.

Truth in Accounting founder & CEO Sheila Weinberg said Illinois taxpayers are not given information on a timely basis.

“The voters and the elected officials are making budget decisions and other financial decisions without the most recent data,” Weinberg told The Center Square.

Illinois’ 2026 financial transparency score of 51 ranked 46th in the country on a report that evaluates audit quality, timeliness, pension reporting and accounting practices.

Weinberg said Illinois improved from a disclaimer opinion to a qualified opinion.

“They still can’t get their act together on their unemployment trust funds, so that’s why they received a qualified opinion,” Weinberg said.

Read on here.

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Spring foliage covers the grounds of the former Arlington International Racecourse, April 21, 2026, in Arlington Heights. The vacant land is the possible future site of a new stadium for the Chicago Bears. (John J. Kim/Chicago Tribune)

By Jeremy Gorner | Chicago Tribune

The Democratic-run Illinois House on Wednesday passed the latest proposal to help the Chicago Bears build a new stadium in Arlington Heights as lawmakers now look to the Senate to gather enough support to keep the team from relocating to Indiana.

The bill spearheaded by state Rep. Kam Buckner of Chicago, who has led House Democrats’ stadium negotiations, passed 78-32. Only a few Democrats opposed the measure, while some Republicans voted for the plan.

“My friends on the other side of the aisle and the governor certainly cannot afford for the Bears to leave the state of Illinois, and more time will cause greater expense,” Republican state Rep. Martin McLaughlin of Barrington Hills, who voted in favor of the bill, said late Wednesday during the House debate. “Let’s face it, guys, it’s going to happen, and the longer we wait, I can’t watch billions of dollars more in incentives be thrown away.”

The latest bill altered Buckner’s earlier proposal for how special property taxes on the Bears and other developers of so-called megaprojects would be divvied up, a move aimed at sweetening a bill viewed as a favor to the Bears by promoting property tax relief for Illinoisans.

Scott Hagel, a spokesperson for the Bears, issued a statement after the bill’s passage Wednesday night that the team welcomes “the progress made on the House’s version of the (megaproject) bill; however, additional amendments are necessary to make the Arlington Heights site feasible for our stadium project.”

“We support Illinois leaders as they determine the path forward to making the essential changes to the (megaproject) bill and aligning on infrastructure funding,” the statement said.

Article continues here.

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More than two months ago we posted, “Pritzker to propose statewide zoning laws to spur homebuilding, limit local control.” Shortly thereafter, local community leaders almost universally voiced their opposition to Pritzker’s plan to diminish local control and property values via his “BUILD,” plans.

Needless to say, we were dumbfounded when an email was forwarded to us with the subject line, “Call For Action: Support the BUILD Plan to Increase Inventory.” That message was sent by, “North Shore-Barrington Association of Realtors (NSBAR).” Since most recognize the reputation (many) realtors have, suffice it to say consider the source as we continue…

The NSBAR message begins with, “Please contact your legislator and tell them to support the BUILD Plan to increase housing inventory and ease housing costs for Illinois families.” State Rep. Martin McLaughlin has not been shy in voicing his opposition to Pritzker’s land grab plans stating, “It’s just a bad idea.”

The NSBAR pitch states the BUILD plan will, “Eliminate local housing bans.” One does not need to read further, but those wishing to can do so here.

All we can advise is when buying or selling a home, choose your representative and attorney wisely.

Related:Village of Barrington President shares perspectives on Pritzker’s BUILD plans,” “(Ignoring public opinion) Pritzker says of BUILD Plan for homes would not cost taxpayers,” “Gov. JB Pritzker’s ambitious housing plan for Illinois: More four-flats, looser rules,” “Pritzker to propose statewide zoning laws to spur homebuilding, limit local control,” “McLaughlin’s press conference video recording regarding Pritzker’s proposed municipal zoning powers grab posted,” “It’s just a bad idea’: Suburban officials oppose Pritzker’s plan to reduce local control over residential It’s just zoning

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Scott Stantis / For the Chicago Tribune

By Glenn Minnis | The Center Square contributor

Commonwealth Foundation Labor and Policy Senior Director David Osborne says Chicago’s growing reputation as the place where public sector unions flex plenty of political muscle is more than well deserved.

Osborne points to a new Commonwealth Foundation report highlighting how public sector unions across Illinois spent nearly $30 million on state races over the 2023-24 election cycle, or far more than what union officials in any other state dedicated to such causes.

At $5.5 million, Chicago Mayor Brandon Johnson tops the State Government Union Pac Money List of those most benefiting from government employment unions support. In addition to Johnson, at least six other state lawmakers land on the list’s Top 20, lead by House Speaker Emanuel “Chris” Welch, D-Hillside, at No. 2 and Illinois Senate President Don Harmon, D-Oak Park, at No. 4.

“In the state of Illinois, political spending is bigger than in any other state,” Osborne told The Center Square. “Unions seem very focused on who gets elected to be the mayor of Chicago and governor of the state. What you’ve got really is a downward spiral in Illinois where the kinds of unions that have gotten so powerful have really done it at the expense of taxpayers and then they’re pouring more money into getting the right kind of people elected for them.”

With researchers adding that almost 96% of all donations for Illinois-level candidates went to Democrats, Osborne said it’s past time someone address the imbalance.

“Public sector unions, they’re not often talked about as the cause of problems,” he said. “We often look to high taxes, bigger government, economic policies, but really what’s driving states and cities to enact policies that are harmful to individuals, that raise taxes, that grow the size of government beyond its purpose are public sector unions.

Read more here.

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The Barrington Hills Park District Board/Riding Club of Barrington Hills will hold their monthly meeting this evening in person and via Zoom at 6:00 PM. Some topics on their agenda include:

  • Treasurer’s Report Review & Approval of the November 2025 Park District Financials
  • Riding Center Advisory Committee Report
  • In-District & Out-of-District Rental Agreements & Rates
  • Review of Cooperative Agreements
  • Facility Rentals (Carriage Club Rental)

A copy of their agenda can be viewed here. Instructions for accessing the meeting remotely can be found here.

Note: “Requests for a qualified interpreter require at least five working days advance notice.”

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I attended the Barrington 220 Board of Education meeting (Tuesday), arriving shortly after six o’clock. I expected what most engaged residents expect: the chance to be heard. Instead, I watched a familiar story unfold, one that extends far beyond the night’s agenda item and deep into the culture that now defines our district.

Residents spoke passionately about their neighborhoods, some living there for three decades or more, describing the consequences the proposed Hager Ave. parking expansion would bring to safety, congestion, character, and precedent. They offered facts, first-hand observations, alternative solutions, and historical context.

And yet, rather than engaging with the substance, district leadership defaulted to performance: head-nods, polished reassurances, carefully crafted anecdotes including the now-infamous story of a parent who bought a second home in 1999 to secure a parking spot for their child. It was more than tone-deaf; it was revealing.

As community members spoke from lived experience, Superintendent Winkelman responded with scripted confidence, as if the concerns in front of him were theoretical or uninformed. It was an extraordinary display of disconnect, one that didn’t seem to register, even as residents grew visibly upset at being spoken at instead of spoken with.

But here’s the truth:

The parking lot is not the real issue.
The levy is not the real issue.
The real issue is leadership culture.

And this culture is showing itself everywhere.

A Pattern of Selective Listening and Selective Accountability

This past year alone, I and many other residents have tried to raise concerns- not political, not personal, but about professionalism, ethics, safety, and financial responsibility.

✔ When a teacher made dismissive comments about parents in front of students
The administration reframed it as a “Back-to-School Night misunderstanding,” defended the teacher, and never addressed the core issue:
students heard an adult ridicule parent concerns.
No acknowledgment. No ownership.

✔ When a Board member launched a partisan legislative campaign while still serving on the Board
Policies 2:80-E and 2:105 were bent to their narrowest possible interpretation.
The district even used taxpayer-funded legal counsel to review campaign-related conflicts — despite policies prohibiting such use of public resources.
Again, no accountability. Only justification.

✔ When a police incident caused confusion and fear before school
Parents were left in the dark. Staff did not know whether classes were even proceeding.
My written request for communication improvements and safety prioritization received no response at all.
Across situations big and small, the message has been the same:
the district hears what’s convenient and ignores what isn’t. 

Meanwhile, the Financial Picture Raises Even More Concerns

A comprehensive review of FOIA-obtained documents — leases, contracts, amendments, utility agreements, activity fund reports — shows systemic problems in stewardship:

✔ Millions in lease-financing at 5–8% interest
Even while the district held over $100 million in reserves.
Apple leases alone contain more than $340,000 in hidden interest.
Canon, HP, Toshiba, and bus leases add far more.

✔ Architectural & engineering spending exceeding contract caps by over $2 million
Build 220 fees now exceed 9% of construction value despite a contractual limit of 7.4%.
Much of the excess came from avoidable redesigns, duplicated work, and over-scoped civil engineering packages.

✔ Electricity & natural-gas procurement without competitive bidding
Dynegy and Symmetry contracts cost $500k–$900k more than market alternatives.
No evidence of competitive evaluation exists.

✔ Student Activity Fund red flags
Thirty months of reconciliations show:

  • identical manual adjustments,
  • unusually large journal entries (up to $72,800),
  • volatile disbursements,
  • zero variances for 30 straight months — mathematically improbable without plug entries.

These are not isolated incidents.
This is a systemic pattern of weak controls and limited oversight. 

Yet the district continues asking the community for more money.

When residents raise safety issues — silence.
When residents raise ethics issues — deflection.
When residents raise spending issues — no corrective action or acknowledgment.
When residents raise neighborhood concerns — they are told stories from 1999.
But when the district wants more taxes?
Suddenly conversation becomes urgent.
This dynamic speaks for itself. 

A Community Willing to Invest — But Only in Leadership That Invests in Us

Barrington residents value education.
We value our schools.
We value our teachers.
But investment requires trust — and trust must be earned through humility, responsiveness, transparency, and accountability.
Right now, the district is asking for more money while:

  • avoiding difficult conversations,
  • dismissing legitimate community concerns,
  • overlooking internal issues,
  • and falling short of its own values.

Barrington 220 speaks often about transparency, collaboration, and respect.
It’s time for those principles to move from slogans into practice. 

The Community Showed Up. Now It’s the District’s Turn.

The public comment at the recent meeting showed a community that is informed, engaged, and deeply invested in the future of its schools.
That level of passion deserves more than nods, reassurances, and pre-scripted narrative management.
It deserves reciprocal honesty.
It deserves accountability.
It deserves leadership that listens.

Before asking for another tax levy, Barrington 220 must commit to:

  • full financial transparency,
  • competitive and responsible procurement,
  • ethical consistency,
  • genuine respect for parent and student voices,
  • and authentic partnership.

A levy may or may not be necessary.
But trust is not optional — and right now, trust is what needs rebuilding most.

Sam Mehic
South Barrington

Related:Change.org Petition: ‘For the Resignation of Erin Chan Ding ~ D220 Resources are Not for Political Campaigns’,” “BOARD OF ED VOTES, MEMBER CHAN DING MADE FLAGRANT POLICY VIOLATIONS – Part 2,” “BOARD OF ED VOTES, MEMBER CHAN DING MADE FLAGRANT POLICY VIOLATIONS,” “Erin Chan Ding: The violations just keep piling up…,” “Erin Chan Ding starring in another episode of, ‘Rules For Thee But NOT For Me…’,”  “District 220’s Lack of Transparency (Updated),” “District 220’s Lack of Transparency,” “Ding Politicking on School District Property,” “Dual School Board and State Rep Positions Legally Incompatible,” “D220 Abuses Taxpayer Funds in favor of Partisan Campaign,” “Ding In Her Own Words – CONFLICTED!,” “Ding Doubles Down,” “Ding’s D220 Deception,” “Chan Ding running in Democratic primary in 52nd,” “Three (3) Democratic candidates queued to run for the IL 52nd District House seat in 2026

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“I. A public hearing to approve a proposed property tax levy increase  for Barrington Community Unit School District Number 220, Lake, Cook, Kane, and McHenry Counties, Illinois, for 2025 will be held on December 2, 2025, at 6:00 p.m. at Barrington CUSD 220’s Administrative enter, 515 West Main Street, Barrington, Illinois 60010.

Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Sarah Lager, Asst. Superintendent of Business Services/CSBO, 515 West Main Street, Barrington, IL 60010, (847) 381-6300.

II. The corporate and special purpose property taxes extended or abated for 2024 were $156,153,482.

The proposed corporate and special purpose property taxes to be levied for 2025 are $163,300,000.  This represents a 4.58 percent increase over the previous year.

III. The property taxes extended for debt service and public building commission leases for 2024 were $9,000,073.

The estimated property taxes to be levied for debt service and public building commission leases for 2025 are $13,948,798. This represents a 54.99 percent increase from the previous year.

IV. The total property taxes extended or abated for 2024 were $165,153,554. The estimated total property taxes to be levied for 2025 are $177,248,798. This represents a 7.32 percent increase over the previous year.”

Source

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