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The following information was provided by the Commission on Government Forecasting and Accountability: … Continue reading
Category Archives: Pension Fund
From the Illinois News Network: As costs grow, cities push to consolidate hundreds of local public safety pension funds By Brett Rowland | Illinois News Network City leaders want to consolidate hundreds of local pension funds for police officers and … Continue reading
A Friend of McHenry County Blog tallied the following pension information for firefighters from the Illinois State Comptroller’s web site: In 2007 there were 3,753 retired firefighters and 9,039 active firefighters. In 2016 there were 5,069 retired firefighters and 9,160 … Continue reading
48.37% Average Increase in Road & Bridge Funds Today McHenry County Blog is revealing numbers for Township Road Districts. In summary from 2002 to 2016: The Consumer Price Index (CPI) has increased by 33.8%. County Population increased by 10.55%. County … Continue reading
Townships Average 37.20% Increase in Tax Levy Today McHenry County Blog is revealing numbers for Townships. In summary from 2002 to 2016: The Consumer Price Index (CPI) has increased by 33.8%. County Population increased by 10.55%. County Assessments have increased … Continue reading
63.98% Average Increase for School Districts Today McHenry County Blog is revealing numbers for School Districts In summary from 2002 to 2016: The Consumer Price Index (CPI) has increased by 33.8%. County Population increased by 10.55%. County Assessments have increased … Continue reading
Fire District Property Taxes Increased Over 96% A friend of McHenry County Blog compiled the information explaining McHenry County Taxes in correlation to the Consumer Price Index. Today McHenry County Blog is revealing numbers for Fire Districts Part 1 on … Continue reading
Worst of the Worst Funded at Less than 1/2% Prairie State Wire has ranked the 100 worst funded pensions in Illinois in an article that can be found here. Taxing districts in Cook County awarded 42 of 100 spots on … Continue reading
Annual Investment Return Estimates Not Included in Reporting The Prairie State Wire published an article on the Rankings of the 100 best funded pension systems. McHenry Township Firefighters should have no worries about fund solvency with funding at 515% of … Continue reading
State Retirees, Retired Teachers and Others Receiving Pensions Likely To Benefit from Trump Tax Reform The General Assembly Retirement System sent McHenry County Blog an email that said the amount deposited in accounts each month will probably be larger next … Continue reading
Commenter Mark has laid out all of the municipal police and fire pension fund money owed by McHenry County taxpayers. Let’s review police and fire pension funding status in McHenry County. Remember, Jack Franks says he has a plan to … Continue reading
Commenter Mark does a lot of research, which he shares under various stories. Today, inspired by Mayor Aaron Shepley’s endorsement of Democrat Jack Franks, he looks at Crystal Lake city finances. Does endorsing Franks mean the Crystal Lake City Council … Continue reading
A press release from the U.S. Attorney’s Office reveals a village police pension fund treasurer has looted it: Sauk Village Treasurer Charged with Stealing More Than $21,000 from Police Pension Fund CHICAGO — The treasurer of south suburban Sauk Village … Continue reading