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News

Illinois Policy
illinoispolicy.org > illinois-top-50-state-pensioners-averaged-437000-each-last-year

Illinois’ top 50 state pensioners averaged $437,000 each last year

3+ day, 18+ hour ago   (478+ words) 184 pensioners in Illinois’ five state-run systems received enough in 2025 to put them in the top 5% of U.S. income earners. Illinois’ top 50 public pensioners took in an average of $437,000 each last year. That’s roughly seven times the average annual salary in…...

capitolfax.com
capitolfax.com > 09/02/2026 > its-taken-illinois-14-years-to-regain-an-a-rating-from-sp-and-were-still-at-the-bottom-of-the-pack

It’s taken Illinois 14 years to regain an ‘A’ rating from S&P, and we’re still at the bottom of the pack

1+ week, 4+ day ago   (473+ words) Wednesday, Sep 2, 2026 - Posted by Isabel Miller Standard & Poor’s downgraded the credit of the state of Illinois on Wednesday because of its weak funding levels for pensions, a move that could make it more expensive for the state to borrow money....

The Center Square
thecentersquare.com > illinois > article_9d187536-5f8c-4a13-b6c5-87e599ad0c39.html

Illinois Quick Hits: S&P Global joins Fitch by raising Illinois bond rating

1+ week, 3+ day ago   (216+ words) (The Cente Square) – Illinois has earned its second credit rating upgrade in less than a week, as S&P Global Ratings raised the state’s general obligation bond rating on Tuesday to an A. Illinois still has the lowest credit rating…...

Block Club Chicago
blockclubchicago.org > 08/26/2026 > chicagos-tif-program-helped-downtown-but-not-poorer-neighborhoods-new-study-shows

Chicago's TIF Program Helped Downtown — But Not Poorer Neighborhoods, New Study Shows

2+ week, 3+ day ago   (852+ words) The money can be used for the construction of parks, schools and infrastructure, as well as incentives for private commercial and residential development. As the theory goes, projects funded by TIF cause the value of the surrounding properties to rise,…...