FeaturedAlgonquin Township Property Tax Appeal Deadline 12/23

Deadline Friday December 23rd, 2016

Algonquin Township area property tax assessments were recently published in the newspaper as required by law. There is only a 30 day window every year to appeal your property assessment. Once this deadline is passed, the next opportunity will not be until next year. The deadline to appeal your 2017 assessment is December 23rd, 2016.

Why Defined Benefits Can’t Work

by Ted Dabrowski | Illinois Policy Institute

Flaws of the defined benefit system are really at the core of the state’s pension problems.

Introduction

Jim Edgar's Pension Ramp has forced billions of debt on every man, woman, and child in Illinois.

Jim Edgar’s Pension Ramp has forced billions of debt on every man, woman, and child in Illinois.

One of the most common narratives regarding the pension crisis in Illinois is that the state’s five pension systems are underfunded because politicians “skipped” pension payments. This narrative has prompted legislators to add to pension reform proposals a “funding guarantee” they say will prevent the pension crisis from repeating itself in the future.

Grafton Township Property Tax Appeal Deadline 11/7

Grafton area property tax assessments were recently published in the newspaper as required by law. There is only a 30 day window every year to appeal your property assessment. Once this deadline is passed, the next opportunity will not be until next year. The deadline to appeal your 2017 assessment is November 7th, 2016.

Policy Group Proposes State Pension Go To 401k

By Benjamin Yount, Illinois Watchdog

Illinois’ $90B pension debt can either be paid by reforming the system or long-term tax increases.

As Illinois lawmakers struggle to find a way to manage a nearly $8 billion pension payment, $9 billion in unpaid bills and a $130 billion pension debt, one policy group this week said it had some simple solutions. The biggest change in The Illinois Policy Institute’s proposed budget would immediately switch Illinois’ five pension systems from defined benefit plans to a 401(k) style retirement system, where the employee manages his own money.

“Everything (public employees) have earned up until today they would keep,” said state Rep. Tom Morrison, R-Palatine, who wrote the pension proposal at the heart of the institute’s budget. “This makes so much sense to people back home. It is a simple plan; it doesn’t need to be a 300-page piece of legislation,” Morrison said Thursday.

Illinois has been trying to contain the skyrocketing costs of its pension plans, but lawmakers can’t agree on a single plan. There is also the question of which plan would survive a court challenge. Illinois has a constitutional guarantee that pension benefits will not be reduced.

Illinois Policy Institute CEO John Tillman said anything that passes the Legislature will end up in court, anyway, so he’s not worried about the Institute’s plan.

Chicago Tribune endorses Allen Skillicorn for State Representative

I’m honored to receive the endorsement of the Chicago Tribune. Proves that the people of Illinois have the will to reform our state! #IL66

“66th District: Republican Allen Skillicorn has an important characteristic that makes him Springfield-ready: He led a movement to freeze the tax levy in East Dundee, where he is a trustee. He understands the urgency to enact policy changes that make Illinois friendlier for businesses and residents. He faces Nancy Zettler, D-Algonquin, an attorney who says she’s running to represent the middle class and end “corporate welfare.” Maybe she doesn’t realize most of the corporate giveaways during the last decade in this state were handed out by Democrats, not by Gov. Bruce Rauner. Skillicorn is endorsed.”

Daily Herald: Skillicorn is endorsed!

“Allen Skillicorn, in his second term on the East Dundee village board, has been a strong voice for fiscal conservatism in town, pushing for a property tax freeze and lobbying against special financing districts.

Skillicorn is endorsed largely for his experience pushing tax relief in his village.”