Government

Government
9:37 am
Fri June 1, 2012

Dixon mayor says comptroller used pension funds to pay city bills

Rita A. Crundwell

  Two interim comptrollers hired by the City of Dixon have discovered that fired Comptroller Rita Crundwell transferred money out of the police and fire pension funds to pay city bills Dixon Mayor Jim Burke told sauk valley.com about $100,000 was transferred out of the pension fund, which is not supposed to be touched, and into the general fund from which bills are paid.

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Government
5:36 am
Fri June 1, 2012

Pension bill stalls, gambling expansion passes as session ends

Illinois lawmakers have wrapped up their spring session. But they left some work on the table. 

The General Assembly did send the governor a budget. But Sen. Matt Murphy, R-Palatine, says it contains "gimmicks" meant to disguise bad policies.

"Pushing bills off. Moving them around," he said. "Trying to deceive the people into believing that fiscal responsibility has finally been visited upon their Capitol when clearly it has not."

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Government
11:57 am
Thu May 31, 2012

Around Illinois – May 31

  • Strip club tax for anti-violence funds sent to governor
  • Senate is considering union status of state employees
  • Federal judge approves sale of some Crundwell assets
  • Synthetic drugs legislation goes to governor’s desk
  • Legislature approves phone bill “cramming” ban
  • Senate weighs satellite TV fee

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Government
6:07 am
Thu May 31, 2012

Revised pension plan moves to House floor

Michael Madigan (D) Chicago

A revised plan  to overhaul state pensions has cleared its first hurdle and is headed to the Illinois House.

Just yesterday, partisan differences had threatened to kill prospects for a pension overhaul when Republicans refused to go along with House Speaker Michael Madigan's plan to cut pension costs. Madigan transferred sponsor ship to House Republican Leader Tom Cross.

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Government
11:21 am
Wed May 30, 2012

Around Illinois – May 30

  • ICC quadruples ComEd delivery rate reduction
  • Lawsuits challenge same-sex marriage ban
  • Democrat quits 12th District Congressional race
  • Dixon is advertising for a Finance Director
    … and federal officers want to sell assets

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Government
10:01 am
Wed May 30, 2012

Tensions mount in Illinois House over pensions

The Illinois House is divided over a measure that would bring major changes to the state's pension system. The plan was approved by a committee on Tuesday. But it ignited a tense debate on the House floor. 

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Government
7:08 am
Wed May 30, 2012

Cigarette tax hike goes to governor

Illinois smokers should prepare to spend more money on cigarettes. The proposed dollar-a-pack increase cleared its final legislative hurdle Tuesday. Governor Pat Quinn says he will sign the measure.

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Government
12:24 pm
Tue May 29, 2012

Sweeping pension changes go to the House floor

State and university employees and public school teachers will have to accept lower cost-of-living adjustments in retirement or see future pay increases not count toward pensions under  sweeping changes to the state pension system approved this morning by an Illinois House committee

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Government
9:53 am
Tue May 29, 2012

Around Illinois – May 29

  • House committee considers university cuts
  • Detention center opponents continue struggle
  • Kirk’s ex-wife files election funding complaint

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Government
7:29 am
Tue May 29, 2012

Dire Predictions Amid Another Looming Fiscal Battle

There are growing warnings on Capitol Hill that the nation could be rolling toward an end-of-the-year fiscal train wreck.

"The looming tax hike will be absolutely devastating," Senate Minority Leader Mitch McConnell, R-Ky., said.

"You can call this a fiscal cliff. You can call it 'Taxmageddon' as others have done. Whatever you call it, it will be a disaster for the middle class," Sen. Orrin Hatch, R-Utah, added.

And Sen. Ben Nelson, D-Neb., said: "It's a tsunami; there's no question about it, and it's coming."

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