property taxes

State News
1:46 pm
Tue August 19, 2014

Working to change the way schools are funded

As students across Illinois begin the new school year, their schools are using funds that rely heavily on property tax wealth.  IPR's Hannah Meisel reports on a plan to change that.

Illinois' school funding formula works like this: school districts collect property taxes from their residents, then depending on how property-wealthy or property-poor an area is, the state pitches in its share. That frequently means poorer districts stay poor because the state can't give enough, and wealthier districts remain wealthy.

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State News
7:01 am
Mon June 9, 2014

Gov. to act on legislation cutting retirement benefits for Chicago employees

Illinois Governor Pat Quinn is expected to take action Monday on a bill that cuts the retirement benefits of thousands of City of Chicago employees, and could lead to higher property taxes.

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Peoria Public Radio News
7:13 am
Mon May 5, 2014

Ardis on pension reform

Statewide community leaders say ballooning police and fire pensions are crippling their budgets. Mayors again lobbied for pension reform in Springfield last week.

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