SPRINGFIELD – Rockford Mayor Larry Morrissey said Wednesday that Illinois towns and cities would be in a better position to face their public safety pension obligations if they had the ability to file for bankruptcy. The statement came during a downstate and suburban mayors’ news conference held in Illinois’ state capitol. “If the state doesn’t give authorization […]
How to Save Illinois From Bankruptcy
October 29, 2013 by 1 Comment
Is there any expenditure that we could cut and not miss very much? What Government service costs us the most and serves us the least? I’ll tell you what – the K-12 Education System. Here are a few facts: About 60% or more of our real estate tax goes for education; mainly K-12 At the […]