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“Always bet on nothing”

Thursday, May 28, 2015

* WUIS

Since it opened a decade ago, the Lincoln museum has been under the control of the Illinois Historic Preservation Agency. The museum has its own advisory board, but House Majority Leader Barbara Flynn Currie says those advisors were frustrated. […]

Under Currie’s proposal, the two will operate independently.

Gov. Bruce Rauner had wanted Historic Preservation to adopt a tourism focus and be merged with the state’s economic development agency. But that idea was dropped over concerns Historic Preservation would lose its focus on, well, historic preservation.

* But unless both chambers pass it and can override a veto, this ain’t happening

“My understanding from our staff is (the Rauner administration is) copacetic with these changes in the structure of HPA on the one hand and ALPLM on the other,” Currie said.

She said details are still being worked out on the idea of creating a public-private partnership for some of DCEO’s economic development activities.

However, Rauner spokeswoman Catherine Kelly disputed Currie’s statement.

“We do not support this legislation,” Kelly said.

* And until the war dies down, this probably ain’t happening, either

ayor Rahm Emanuel is trying to solve his police and fire pension problem by paying less upfront, taking longer to pay off the debt and getting some of the money to cover what the city owes from a Chicago casino.

The approach is designed to soften a massive financial hit expected next year, when the city is required to increase its payments into the two pension funds by $549 million as required by a 2010 state law. That’s equal to nearly one-sixth of the city’s yearly operating budget and accounts for the bulk of a 2016 budget shortfall now pegged at nearly $1 billion.

Emanuel, however, wants to hit the reset button. Instead of paying the additional $549 million next year, the city would spend significantly less than that. Then the city would start to increase how much it puts into the police and fire pension systems over a number of years while also spreading out its payments over a longer period of time.

The mayor’s plan comes three years after he first traveled to Springfield to declare that the city’s financial day of reckoning was fast approaching. Emanuel is now trying to persuade lawmakers to act on a specific proposal, but he’s doing so as they remain embroiled in their own stalemate over state budget woes.

- Posted by Rich Miller        

11 Comments
  1. - nixit71 - Thursday, May 28, 15 @ 11:08 am:

    Chicago mayors have never met a can they wouldn’t kick.


  2. - walker - Thursday, May 28, 15 @ 11:10 am:

    Rquner viewed the Lincoln thing as a trade piece with Madigan, and Madigan didn’t trade. Veto.


  3. - VanillaMan - Thursday, May 28, 15 @ 11:11 am:

    Looks like it is time to enhance the Chicago Police and the Chicago Fire Departments by incorporating them into the County, spreading their costs outside the City.


  4. - Oswego Willy - Thursday, May 28, 15 @ 11:11 am:

    I was trying to come up with Legislative victories that directly were Rauner driven. Still trying.


  5. - Skeptic - Thursday, May 28, 15 @ 11:13 am:

    OW: It’s probably on the list with his business successes, where ever that is.


  6. - Oswego Willy - Thursday, May 28, 15 @ 11:15 am:

    - Skeptic -,

    That is Restraunt Quality. Well played.


  7. - Judgment Day (on the road) - Thursday, May 28, 15 @ 12:14 pm:

    IMO, Rahm is whistling past the graveyard. Except he’s not going past it - he’s walking into it.

    Here’s why:

    https://medium.com/@munilass/what-chicago-s-fiscal-emergency-says-about-the-quality-of-credit-analysis-in-the-municipal-bond-ba1a9727a503

    It’s all about the money.


  8. - Judgment Day (on the road) - Thursday, May 28, 15 @ 12:20 pm:

    “Looks like it is time to enhance the Chicago Police and the Chicago Fire Departments by incorporating them into the County, spreading their costs outside the City.”
    ———–

    I assume you had a ‘/snark’ tag on the end of the above post.

    I can just see Toni ‘outsourcing’ police and fire services for the unincorporated areas of Cook County to the City of Chicago. Yeah, that will work - NOT.

    The Sheriff’s office will be so thrilled.

    Fun times!


  9. - Anonymous - Thursday, May 28, 15 @ 1:22 pm:

    Finish the Chicago Casino tomorrow and better make it the size of Millenium Park.


  10. - Anonymous - Thursday, May 28, 15 @ 1:26 pm:

    Add slots and table games to the Lincoln museum to pay for the Agency.


  11. - zonz - Thursday, May 28, 15 @ 2:21 pm:

    @munilass for Chicago advisor


Sorry, comments for this post are now closed.


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