patching...
Welcome back, Patch Blogger!

Teacher Pensions

Tuesday, July 31, 2012

District 202 Anticipating $8.1 Million Upcoming Deficit

School board members want to see what kind of non-personnel cuts can be made and what impact those cuts will have on students.

Plainfield School District 202 board members have big budgetary decisions to make in the coming months. On the one hand, the district is expected to see a roughly $7.8 million surplus from the 2011-12 budget thanks to more efficient transportation routes, decreased utility bills and other cost-control measures. An audit, which will determine the exact surplus, is scheduled to begin next month, but district officials said the revenues should exceed expenses by between $7 million and $8 million. On the other hand, the district is anticipating an $8.1 million deficit in the upcoming 2012-13 budget. Superintendent. John Harper said at a special school board meeting on Monday that the school board needs to decide if it is willing to adopt a …

John Roberts

7:39 am on Tuesday, August 7, 2012

Ron Paul get big government out of the school system....Joliet central got all of that money to build an addition to the school.that same year my kids came to me and said that the school is about out of paper to print on and ink for printers cause the school is BROKE. All while receiving that money expecting the children to have higher grades and when they did not the government blamed the …   more ›

Tuesday, June 26, 2012

Letter: Pension Mess Blame Goes to Madigan, Walsh

Will County executive candidate Cory Singer says opponent Walsh's and the House speaker need to defend shifting pension debt to local school districts.

Dear Editor: As a Will County Board member and a candidate for Will County executive, I am calling on Will County Executive Larry Walsh to invite Illinois House Speaker Michael Madigan for a free lunch in Will County. The lunch should be a forum for Walsh and Madigan to explain why Will County school districts and taxpayers should be punished with a huge tax increase when the state has so poorly managed its finances. Speaker Madigan is pushing a plan to transfer $40 billion of state teacher pension liabilities onto local school districts and communities. Recently, the speaker said suburban and downstate taxpayers are getting a “free lunch” when it comes to paying for those pension liabilities.  The speaker and his friends have led Illinois…

Mike Fitzpatrick

1:28 pm on Monday, September 10, 2012

Pay for your own pensions like IMRF does.   more ›

Friday, June 1, 2012

Madigan Puts Brakes on Pension Plan: School Board Members React

A plan to shift the teacher pension burden onto local school districts is dead in the water — at least for now.

Relief was tempered with caution Thursday as District 202 board members reacted to the news that Illinois House Speaker Michael Madigan (D-Chicago) was scrapping a plan to pass the cost of teachers’ pensions on to local school districts. The plan, part of Senate Bill 1673, was aimed at addressing the state’s $83 billion unfunded pension liability. More than half — $44 billion — of that is from the Teachers Retirement System (TRS). “It does give me hope,” said board member Mike Kelly, who has traveled to Springfield numerous times to lobby for school funding reform. According to Kelly, if Madigan’s plan had become a reality, it would have cost District 202 between $10 million and $15 million per year. That would have meant more job cuts in …

Face in the Crowd

5:04 pm on Sunday, June 3, 2012

If you didn't already know, Downtown Plainfield is a TIF district which means that the tax revenue generated within the district does not go to fund public services, but rather is put back into the pockets of business and developers. The state of IL did not collect over a billion dollars last year due to TIF districts and other tax loopholes that favor (big) business.   more ›

Monday, April 30, 2012

Letter: Schools Victimized Under Quinn Budget Plan

District 202 board member Mike Kelly says the end result of the governor's proposal will be more teacher layoffs and higher local property taxes.

The governor of the state of Illinois seems to think he can balance the state’s checkbook on the backs of Illinois students. In moving more transportation costs to local school districts, it means ILLINOIS jobs will be lost. Plainfield School District 202 has already cut nearly 400 jobs over the last four years. There are lots of people in Illinois who think we need pension reform. I agree that we need to work with a pension plan that we can afford. However, in my 15 years as a volunteer school board member, not one parent has come to me and asked for the cheapest education. Each parent has asked me for the best education and the greatest opportunity for their children in their local schools. In each of the almost 400 jobs we cut over the …

Comment_arrow

Tim

10:47 pm on Monday, May 14, 2012

The point, Dianna, is that the private sector contributes significantly more to its pension plan, a.k.a Social Security than the public sector, contradictory to what was claimed/posted here from union pamphlets. Whether it is the person, or the employer paying on behalf of the person, that amount is still being deposited into the fund, and it is still larger per employee than the public sector. …   more ›

Got a Hot Tip?