There is a saying in Alabama, “Thank God for Mississippi, or we’d be last in everything.” Actually Illinois is last in the bad stuff and, unfortunately third in the bad stuff.
George Mason University in Fairfax, Va., released a study ranking all 50 states for financial health. Illinois is ranked dead last and never tops 45th in all categories of pension funding, a balanced budget and overall financial management. The St. Louis Post Dispatch published another study that ranked Illinois with third-highest in property tax levies and the highest in the nation with “local taxing authorities” which number over 8,800. The article states that we have too many units of government that tax property owners to bypass the 1970 Illinois Constitution which is the primary reason for our high property taxes.
The recent “no” vote in St. Louis for a bond issue and another “no” vote in St. Charles County’s Francis Howell School District asking for more levies should send a clear signal to our County Board and our dominant Democrat representatives — James Clayborne and Jay Hoffman — who support more spending and higher taxes with their cronies — House Speaker Michael Madigan and Senate Leader John Cullerton — that they are wrong.
The well is dry folks, there is nothing left. We need a balanced budget and Gov. Raune’s five-point plan to re-grow our state. Can we at least beat Alabama in this category?
By the way, Alaska ranks first in financial health.