Connect with us

Illinois

Bears stadium deal should not include lawmaker perks or raise property taxes

Published

on

Bears stadium deal should not include lawmaker perks or raise property taxes



Publicly funded stadium deals can involve questionable incentives for politicians. The megaprojects bill in Illinois would drive up neighbors’ property taxes.

Any deal between Illinois and the Chicago Bears for a new stadium must avoid giveaways to lawmakers and property tax increases for others.

The Bears own the former Arlington Park Racecourse in Arlington Heights and have said they’re also considering Northwest Indiana for a stadium development. A bill in the Illinois General Assembly would offer property tax breaks to such “megaprojects.”

Agreements for publicly funded stadiums in other cities often have included luxury suites and free tickets for lawmakers. Local officials in Kansas City have been criticized for getting access to tickets and suites during ongoing stadium negotiations. Officials in Arizona have repeatedly used free access to publicly funded stadiums to host guests.

Advertisement

A bill in Ohio would prohibit state lawmakers from knowingly accepting free or discounted tickets to pro sports events. The proposal comes amid negotiations with the Cleveland Browns over public funding for a new stadium.

Offering free admission and luxury suites to lawmakers who make decisions about publicly funding stadiums creates a clear conflict of interest.

From a taxpayer perspective, such perks can divert public resources if lawmakers have an incentive to offer a team or other megaproject a tax break when that revenue could go toward broadly shared public benefits. From a free-market standpoint, these arrangements distort competition by subsidizing select teams and projects rather than encouraging municipalities to make themselves attractive for private investment.

Illinois legislators should ensure that any stadium agreement with the Bears does not include free tickets or luxury accommodations for lawmakers.

Perks for politicians are only half the story. The proposed incentive package in Springfield, HB 910 House Amendment 1, would be devastating for taxpayers.

Advertisement

Much of the current discussion revolves around the massive property tax reductions the bill would provide for so-called megaprojects as an attempt to spur economic development.

While negotiating targeted tax incentives is bad policy to begin with, the legislation would make Illinois’ property tax crisis even worse for other taxpayers. Although approved megaprojects would pay steeply discounted property taxes, a clause in the bill allows a taxing body to count the cash value of the megaproject in its total assessed value.

In other words, taxing bodies can still increase taxes as if the project were paying normal tax rates, generating increased revenue, but the project would not pay those higher taxes. Neighboring businesses, homeowners and renters would pay more to make up for the team’s discount.

Here is some of what’s in the bill, which has passed out of committee and could be called for a full House vote any time:

  • To qualify, a project must have at least $500 million in eligible costs, which can include the property purchase and can be retroactive up to five years before the megaproject certificate is issued. The project must be completed within seven to 10 years, but that can be extended by five years. The site must be operated for at least 20 years; the tax incentive would last at least 23 years and up to 40 years.
  • The megaproject’s assessment would be frozen so that its property tax bill is calculated on the “base year” of the project, meaning the value of the property before any improvements, such as a stadium.
  • However, for purposes of issuing bonds and property tax extension limitation calculations, the taxing body could use the current fair cash value of the property. In other words, new development, which is generally exempt from Property Tax Extension Limitation Laws, would allow for the levy to grow beyond the limited rate, which other taxpayers will have to cover.

The bill’s “incentive agreement” allows for separate payments from the megaproject entity, such as the Bears, or an alternative source, to affected taxing bodies in addition to property taxes bill. The payment amount would be negotiated with taxing bodies.

Illinoisans already pay the highest property taxes in the nation. Homeowners in Arlington Heights pay average annual property taxes of more than $8,000. HB910 would make it even worse. One simple solution is to strike this language from the bill:

Advertisement

Projects to be valued at fair cash value for purposes of bonded indebtedness and limitations on property tax extensions. Projects to which an assessment freeze applies pursuant to this Division shall be valued at their fair cash value for purposes of calculating a municipality’s general obligation bond limits and a taxing district’s limitation on tax extensions.

Removing that language would ensure that businesses, homeowners and renters in the megaproject area would not face higher property taxes because of an incentive agreement.





Source link

Advertisement

Illinois

Has Trump’s approval dropped in Illinois amid Pope Leo feud? See polls

Published

on

Has Trump’s approval dropped in Illinois amid Pope Leo feud? See polls


play

Recent polls show President Donald Trump’s approval ratings continue to dip as the war in Iran endures and national gas prices float above $4.

One such poll conducted by CNN/SSRS illustrates widespread upset among Americans with regards to Trump’s handling of the economy and inflation. Here’s how Trump’s approval ratings look nationally and within Illinois, as of April 20.

Advertisement

Donald Trump approval rating: CNN

Only 31% of Americans approve of how Trump is handling the economy, compared to 39% in January 2026, according to the poll.

The decline in approval on the issue is even higher among Republicans, especially Republicans under 45 years old, according to CNN. 

In the poll, President Donald Trump received his worst approval rating yet in either of his two terms on the economy.

CNN findings show about two-thirds of Americans say Trump’s policies have worsened economic conditions, and 27% say they approve of Trump’s handling of inflation. 

Advertisement

CNN also reported 63% of Americans say the prices at the pump have caused financial hardship in their household, including 15% calling it “severe.”

The poll, conducted March 26-30 among 1,201 U.S. adults, found 35% approve of Trump’s job performance overall. The poll’s margin of error is plus or minus 3.2 percentage points. 

One poll respondent told CNN and the pollster about the most important issue facing the country: “Prices! Everything is so expensive. Makes it very difficult to do anything other than work and go home. Trips to the grocery store are ridiculous! Between gas and grocery prices, we are poor!”

Trump addressed the concerns about gas prices in his address to the nation on April 1, saying the Strait of Hormuz would reopen when the conflict was over and the prices would fall again.

Trump reaffirmed his promise about the strait on April 18, saying his administration had “very good conversations going on” with Iran after the country said the strait would not be reopened.

Advertisement

Donald Trump approval rating in Illinois: Civiqs

Trump’s job approval rating in Illinois, as of April 18, according to data from online survey platform Civiqs, is as follows:

  • Approve — 32%.
  • Disapprove — 65%.
  • Neither — 4%.

Donald Trump national approval rating: Civiqs

Trump’s national approval rating as of April 13, according to data from Civiqs, is as follows:

  • Approve — 39%.
  • Disapprove — 57%.
  • Neither — 4%.

Donald Trump approval rating in Illinois: The Economist

Trump has a -36% net approval rating in Illinois as of April 20, according to data from The Economist.

Donald Trump national approval rating: The Economist

Trump’s national approval rating as of April 20, according to data from The Economist, is as follows:

  • Approve — 38%.
  • Disapprove — 56%.
  • Don’t know — 7%.

Trump, Iran War approval rating: Pew Research Center

A Pew Research study conducted in mid-March found that about six-in-ten Americans (61%) approve of Trump’s handling of the conflict in Iran, with 39% approving.

A report released in early April found that the largest concern for most Americans as a result of the conflict is higher gas prices, with 69% saying they are “extremely” or “very” concerned about the issue.

Other Trump approval rating polls as of April 20

Here is a look at some other polling aggregators to understand how CNN/SSRS’s poll compares to the average Trump approval numbers as of April 20: 

Advertisement

RealClearPolitics Poll Average: 41.2% approve, 56.6% disapprove.

The New York Times: 40% approve, 56% disapprove.

Silver Bulletin: 39.7% approve, 56.4% disapprove.

Which president has the lowest approval rating ever?

Although Trump has dropped to a historic low in approval rating polls this term so far, he hit a 34% low in the first term and other recent presidents such as Joe Biden hit a 36% low, Barack Obama hit a 40% low, George W. Bush hit a 25% low and Bill Clinton hit a 37% low, according to the Gallup polls, whose recorded lowest rating was Harry Truman with 22%.

Advertisement

As for the highest presidential approval ratings, George W. Bush holds the highest approval rating ever recorded at 90%, while his father, George H. Bush holds the second highest at 89%.

Trump is the only president that has not reached a 50% or higher approval to date in the Gallup polls’ history.



Source link

Continue Reading

Illinois

Multiple people shot in Centralia, Illinois: REPORT

Published

on

Multiple people shot in Centralia, Illinois: REPORT


CENTRALIA, Ill. – An investigation is underway after multiple people were shot Sunday in Centralia, Illinois, according to a report from WFCN News in southern Illinois.

FOX 2 has confirmed the Illinois State Police is investigating a shooting and taking over the investigation, but ISP could not confirm many further details as of 9 p.m. Sunday.

“The investigation is in its infancy and to protect the integrity of the investigation, no additional details will be released at this time,” ISP said in a statement to FOX 2.

According to WFCN News, the shooting happened around 5 p.m. near the 900 block of East Kell Street in Centralia. Multiple law enforcement agencies have since responded to scene and multiple victims are hospitalized, according to the report.

Advertisement

It’s unclear how many people may have been injured and what led up to the shooting.

Centralia, Illinois is about 70 miles, or just over an hour, east of St. Louis.

This is a developing story. FOX 2 will update as more information becomes available.



Source link

Advertisement
Continue Reading

Illinois

Weather service assessing damage across Iowa, Illinois and Missouri

Published

on

Weather service assessing damage across Iowa, Illinois and Missouri


The National Weather Service has teams of storm surveryors in the field April 18 investigating several reports of severe storms and tornado touch downs across eastern Iowa, northwest Illinois and northeast Missouri.

According to the weather service’s website, windgusts of up to 60 to 70 mph along with teacup-sized hail and several tornadoes were reported April 17.

Many homes and outbuildings were damaged, trees were uprooted and power lines were downed in Lena, Illinois, where the most significant damage occurred, the site pointed out.

Advertisement

Very strong winds also were reported near Washington, Iowa, and Colmar, Illinois, where several outbuildings and grain bins were destroyed.

The weather service received reports of confirmed and possible tornadoes in the areas of Lena, Pecatonica, Shirland, Rockton, Roscoe and Capron.

The teams will be assessing damage this weekend into next week along with county emergency management teams to determine what types of storms occurred and their paths.

Dozens of power outages were reported, as well.

Advertisement

As of the afternoon of April 18, ComEd was reporting 85 active power outages across northern Illinois, down from 241 on April 17, and 6,751 customers affected, down from more than 18,000.

The bulk of those outages and the most customers impacted are concentrated in Jo Daviess and Stephenson counties.



Source link

Continue Reading
Advertisement

Trending