Illinois Governor Proposes Ambitious Pension Reform Amid Financial Crisis Concerns Mount Over Rising Pension Costs and Last-Minute Changes in Illinois Strategy According to the center square, Illinois Governor Pritzker wants to make big changes to how the state handles pensions. He aims to increase the funding goal to 100% by 2048. Right now Illinois has … Read more
Financial Strain from SAFE-T Act Implementation Concerns Arise Over Police Recruitment Challenges According to Center Square, the SAFE-T Act in Illinois is causing money problems for the state. The ILETSB wants $23 million from taxpayers to make police training better and pay instructors. With rules like needing police to use body cameras more money is needed … Read more
$1500 Tax Credit for Preschool Families Tax Relief Plan Targets Financial Support for Parents of Preschoolers According to Wand TV, Illinois Senate Republicans are working on plans to help families with young kids manage their money better. They want to give families with children aged 3 to 5 who go to preschool a $1500 tax … Read more