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Illinois Towns Spending 33% of Property Taxes on Pensions
Chicago Daily Herald 
Jan. 27, 2020 "[T]he amount of money 42 suburbs contributed to pension obligations in 2018 was equal to more than a third of what those towns received in property taxes. ... Many suburbs in the analysis pay into three pension programs ... Collectively, the 74 suburbs in the analysis received more than $910 million in property taxes in 2018, according to state financial records. Those suburbs spent almost $309 million on pensions." MORE >> |
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