Illinois can’t help them. Illinois is 100 billion in the hole. Yes, that’s with a “B”
CC
Thankfully Trenton NJ ran out of money a few years back to maintian the socialist charade in our cities; our property tax increases are capped, so some stark truths became clear: Newark NJ cannot afford police protection - so they laid off 160+ cops in the midst of a record-setting period of homocides. Maybe now the gibsmedats will take some ownership for their state of affairs...
That’s pretty conservative, Celtic.
Last year it was $115B with about 30% of funds on hand. This year it is projected to go to $130B.
They were also projecting an 8% growth rate in their existing funds. LOL! If I could guarantee that kind of growth, I would be a billionaire hedge fund manager.
-ex life long Chicagoan