Jack Franks reads his notes.
Where is Ronald Reagan when you need him?
When I heard Jack Franks say,
“I’ve got a long history of doing what I say I’m going to do,” to the Northwest Herald’s Editorial Board, I thought of the line that may have won Reagan the Presidency:
“There you go again.”
Let’s review two of Jack Franks biggest falsehoods.
1 – The promise to serve only three terms.
On September 28, 1998, the Northwest Herald reported that Jack Franks
The day after his first election in 1998, this is what Jack Franks told the Northwest Herald.
2 – His promise not to run for County Board Chairman.
The Northwest Herald headline from early June of 2014 about Jack Franks’ promise not to run for McHenry County Board Chairman. The NWH has never mentioned this broken promise.
If he says it often enough, even he believes his bull$h!t.
Vote for the other guy, WALKUP. He hasn’t even been on the board 4 yrs yet has saved the county $3 million.
Jacko can’t even say that even after 18 yrs in springfield!
To understand how Jack Franks results in hiked taxes, read the following documents.
1. Turnaround Agenda from the Governor Bruce Rauner Administration, 38 pages.
2. Illinois Municipal League’s Report to the Local Government Consolidation and Unfunded Mandates Task Force, March 4, 2015, 27 pages.
Jack Franks was on the Lieutenant Governor’s Local Government Consolidation and Unfunded Mandates Task Force.
Yet have you heard Jack Franks rail against unfunded state mandate laws which state and local governments must follow?
Jack Franks has had 18 years to educate voters about unfunded mandates passed by State Representatives and Senators and signed into law by Governors.
Get the latest news on Lying Jack Franks:
http://www.lyingjackfranks.com/
So The legend in his own mind believes h e does what he says he will do.
Then Jackie boy, explain the following
1. Your campaign promise to only serve 3 terms when you actually served 9
2. Your statement you would not run for County Board Chair, and no you are
3. Your cam pain message th a try you are a tax fighter, yet you can’t show a penny of tax savings
Just answer those questions and we will have more for you to respond to
Jack Franks says, I never voted for a tax hike.
But Jack Franks did vote for unfunded mandates.
Which hike local property taxes.
Here is an example.
Jack Franks voted to hike Downstate Fire pensions, which hikes property taxes.
Here is how that happened.
On May 26, 1999, Jack Franks voted yes on SB 856.
So did every other State Representative, including Cal Skinner, with the exception of Democrat Ralph Capparelli, who had an excused absence.
Senate Bill 856 (SB 856) passed the Illinois General Assembly on June 15, 1999 in the 91st General Assembly (1999 – 2000).
SB 856 was signed into law as Public Act 91-0466 on August 6, 1999 by Republican Governor George Ryan.
One of the benefit hikes in PA 91-0466 was to hike the accrual rate from 2% to 2.5% for the 21st – 30th year of service.
The accrual rate is multiplied by the number of years work, the result of which is multiplied by the final average salary calculation, to determine starting pension.
So hiking the accrual rate, hikes the pension.
++++
1999 during the first of Jack Franks’ nine terms.
Each term is two years.
Jack Franks said while running for office in 1998 that he he would only hold off as a State Representative for a maximum of three terms, which would be 6 years.
He is now in his 18th year as a State Representative.
+++++
A note about Ralph Capparelli, as told by Cal Skinner on Illinois Review.
The Ralph Capparelli PAC transferred $418,582 to Ralph Capparelli when he retired after he was defeated by Republican Michael McAuliffe in 2004.
Michael McAuliffe is the only Republican State Representative from Chicago.
+++++++
Similarly, the Jack Franks PAC could transfer $400,000 or $500,000 or whatever to Jack Franks when he retires.
Jack Franks has loaned his PAC $200,000 in four contributions from 19998 – 2009.
2009 was a big year for the Jack Franks PAC.
In addition to loaning the PAC $150,000 in 2009, his wife contributed $200,000 to the PAC (she apparently is payed well as a housewife), his dad contributed $250,000, and his mom contributed $450,000, all in 2009.
The Franks Gerkin and McKenna law firm in which Jack and Herb Franks practice has contributed $26,879 to Jack Franks PACs.
+++++
Yet Jack Franks says he never voted for a tax hike.
Even though he voted to hike Fire pensions, which eventually hikes property taxes, at a time when fire pensions were already underfunded.
Underfunded fire pensions are one of the biggest financial problems of most cities, villages, and fire protection districts in McHenry County which have a Downstate fire pension.
Note, fire personnel in smaller fire protection districts are in the IMRF pension system, not the Downstate Fire pension system.
And, fire personnel in really small fire protection districts are not in the IMRF pension system for Downstate Fire pension system.
Finally, the pooling of investments differs in Downstate Fire and IMRF.
In Downstate Fire, each city, village, and fire protection district invests its own funds only.
In IMRF, each city’s, village’s, and fire protection district’s investments are sent to IMRF who invests the funds.
Typo.
Jack Franks said while running for office in 1998 that he would only hold office as a State Representative for a maximum of three terms, which would be 6 years.
another typo.
Jack Franks has loaned his PAC $200,000 in four contributions from 1998 – 2009.
another typo.
And, fire personnel in really small fire protection districts are not in the IMRF pension system or Downstate Fire pension system.
So Jack Franks says he never voted for a tax hike.
Yet, he voted for legislation which hiked property taxes.
That is the bottom line.
I wonder how many people voted to have the County Board Chair elected at large of the people that read and write on this blog.
The unintentional consequences of trying to vote for everything.
The county gets what it deserves for letting the voters decide instead of the County Board!
That’s an example of an unfunded mandate.
More specifically, an unfunded mandate from state to local government.
++++++
The Illinois Municipal League has documented this unfunded mandate and its effect.
Illinois Municipal League (IML)
Report to the Local Government Consolidation and Unfunded Mandates Task Force
Jack Franks was a member of the Local Government Consolidation and Unfunded Mandates Task Force.
The Chair of the task force was Illinois Lieutenant Governor Evelyn Sanguinetti
The date of the Report from the IML to the Task Force was March 4, 2015.
91-466 is listed on pdf pages 10 and 15 of the report along with “Increased costs associated with benefits” and “Downstate police pensions” and “Downstate fire pensions”.
So apparently PA 91-0466 hiked costs for police pensions as well.
++++++
Not is the accrual rate hike an an unfunded mandate.
It’s the worst type of unfunded mandate.
That is because one sentence added to the Illinois State Constitution says that membership in a retirement system of a local unit of government is contractual and the benefits cannot be diminished or impaired.
The state constitution binds taxpayers to fund that unfunded mandate benefit hike to pensions that were already underfunded.
That is remarkable.
That is government dysfunction at its highest level.
More typos.
I need a break.
Not only is the accrual rate hike an unfunded mandate.
“Go Figure” is right on the money.
Chairman-At-Large was a bad idea from the start!
It’s simply phase 1 of the purchase of MC government.
And the next mistaken phase will be the “all Aboard” for the “reduce the size of the county board express”.
Once these two phases are complete the board will be owned by outside influence inside two terms.
For Hillary and Franks.
https://www.youtube.com/watch?v=DDEdFxUZ01s
So Jack Franks voted to increase costs when he voted for SB 856 in the 91st General Assembly (GA) on May 26, 1999.
That is because the legislation included a hiked accrual rate for Downstate fire pensions.
An accrual rate hike means hiked employer costs to fund the pension.
And an accrual rate hike means a hiked pension payout.
So if employer cots go up, the result is often a tax hike.
In this case, there is no question taxes will eventually increase to pay for the hiked pension costs.
It is not reasonable that the cities, villages, and fire protection districts can cut other costs to compensate for the hiked pension costs, when pensions were already underfunded.
What else has happened?
Looking at the Downstate Fire pensions in McHenry County, most of the pensions have become more underfunded over the last decade.
So the pensions were underfunded, the benefits were hiked, the taxes were hiked, and the pensions became more underfunded.
What a fiasco.
The pensions becoming more underfunded is documented in the following report.
Illinois Department of Insurance
Public Pension Division
2015 Biennial Report (2013 – 2014)
The report is issued every two years, and covers a two year period.
This report was released October 1, 2015.
Thus the next report is due about October 1, 2017.
The Downstate Police and Fire pensions in McHenry County are listed and some summary statistics provided in the comments under this post:
McHenry County Blog
Considering Consolidation of High School District 155 with Feeder Grade Schools
August 20, 2016
http://www.mchenrycountyblog.com/2016/08/20/considering-consolidation-of-high-school-district-155-with-feeder-grade-schools/#comment-445620
Here is the bottom line summary:
$123,665,530 is the unfunded liability (taxpayer IOU to the pension fund as of April 30, 2014) of the 21 Downstate Police and Fire pension funds in McHenry County, with a small portion of that attributed to Lake County (due to a municipality or fire protection district being present in both Lake and McHenry Counties).
Will be interesting to compare that number to 1999.
++++++
The justification to the voters for adding the pension sentence to the constitution was to protect the pensions of hard working public employees.
The voters approved the re-written state constitution on December 15, 1970, at a special election.
Then what happened?
The pension benefits were hiked by legislators even though pensions were already underfunded.
Does that seem to be what voters had in mind when approving the re-written constitution including the added pension sentence?
That’s the Illinois Pension Scam.
Legislative benefit hikes to underfunded pensions by legislators including Jack Franks, who says he never voted for a tax hike.
Jack Franks and the Illinois Pension Scam.
Jack Franks’s election pitch includes cutting property taxes 10% in every single property taxing district in McHenry County.
How is that going to happen if pensions in 21 Downstate Police and Fire pensions funds in McHenry County are underfunded $123,665,530?
How does one cut property taxes 10% and come up with a realistic plan to fund pensions, when the pension unfunded liability has been increasing, not decreasing?
In 2015, the State portion of the TRS unfunded pension liability attributed to Woodstock CUSD 200 was $211,213,921.
In 2015, the School District portion of the TRS unfunded pension liability attributed to Woodstock CUSD 200 was $5,413,718.
In 2015, the IMRF unfunded pension liability for Woodstock CUSD 200 was $6,073,459.
That is a total of $222,701,098 unfunded pension liability attributed to Woodstock CUSD 200 only.
Wait till we tabulate the state unfunded pension liability attributed to every school district in McHenry County.
The school district unfunded pension liability is mostly a state responsibility, as indicated above, but every dollar the state contributes to pension underfunding is a dollar not being sent to a local school district to educate a child through General State Aid or the categorical grants (transportation, special education, etc).
The TRS unfunded pension liability attributed to school districts in McHenry County far exceeds the unfunded pension liability of cities, villages, and fire protection districts in McHenry County for Downstate Police and Fire pensions.
+++++
Jack Franks does not have a realistic plan to cut property taxes 10% in a sustainable fashion in every property taxing district in McHenry County and fully fund the IMRF, Downstate Police, Downstate Fire, and TRS pensions of the taxing districts in McHenry County.
Oh, but he didn’t say that.
Jack Franks has not said anything about pension underfunding when discussing his campaign pitch of cutting property taxes 10% in every property taxing district in McHenry County.
Listen carefully to what Jack Franks says.
Then think about what Jack Franks says.
Of course one needs knowledge about pensions and where to locate the information, and knowledge about the taxing district annual financial reports and budgets, to figure out if his campaign pitch about cutting property taxes 10% in every property taxing district in the county has a chance of succeeding.
Time to fact check.
Got a call last night from who I assume was working for Jack Franks campaign. Ask me the usual questions like if I was registered voter and planned to vote in November. Then she asked if I intended to vote for Franks or Walkup and when I said Walkup she hung up on me. Nice people he has working for him, lol.
Jgkm6? It’s not that they are not nice people. It is that they are STUPID people. Who elese would support someone so devastating to the county where they live? Just watch the comments from anyone that supports Dems, Unions, or new library scams. They are drooling morons and couldn’t survive on their own if someone else didn’t tell them how to live their life. Please, don’t accuse them of not being nice.