an independent Tea Party group in DuPage County, IL
Senator Mark Kirk and Representative-elect Randy Hultgren held a town hall meeting on 12/11/2010. A video of the meeting is available at: click here
Federal stimulus cash provides bonuses at Grayslake D46 click here
Illinois Police and Fire Pension Reform passes the senate click here
On December 2, 2010 the Ill Senate passed SB3538 (if passed by house and signed by the governor it will take affect 1/1/2011) SB 3538 will create a two-tiered system for new hires, among other modifications to the pension system, including the following changes:
• Increase the normal retirement age to 55 from 50
• Set a pensionable salary cap at $106,800
• Calculate pensions using an average final salary based upon the highest 8 consecutive years out of the last 10 years.
This is similar to the Teacher Retirement System changes that Governor Quinn signed into law on 4/14/2010. Neither does anything to correct the problem of unfunded pensions for existing employees and retirees.
Wheaton - HUBBLE Redevelopment
Posted on 11/4/2010 on click here
“The value of the old Hubble site to any developer with the old school on it is $0… Mr.
Prendiville stated that the value of the land with a clean green space is
anywhere between $2-4 million dollars but that the demolition of the site would
take millions of dollars… Just to remind
you, your school board, in an effort to sell the Hubble referendum, stated the
value of the land in 2007 was $21.5 million and possibly as much as $30 million…”