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qfingers - New IL school superintendent says funding fix could take years - Quincy, IL News - QuincyJournal.com
They seem to be missing the rest of the answer to the last question.... "But teachers don't make nearly as much money as lawyers or football players so I went where the money was...administration".
UrKidsWillPay - QPD Blotter for April 25, 2015 - Quincy, IL News - QuincyJournal.com
Google Street view will show you Brian's home has an attached garage. https://maps.google.com/maps?bav=on.2,or.&bvm...
UrKidsWillPay - QPD Blotter for April 25, 2015 - Quincy, IL News - QuincyJournal.com
April Plan Commission Meeting 7:00 p.m., Tuesday, April 28, 2015 City Council Chambers First Floor City Hall, 730 Maine Street A G E N D A 5. Public hearing requested by Brian C. and Angela E. Terstegge for a Special Permit for a Planned Development to build a 2,450 sq. ft. addition onto an existing 2,800 sq. ft. garage used for personal storage at 6221 Church Hills Rd. Zoned: RU1 Per the agenda for…
UrKidsWillPay - QPD Blotter for April 25, 2015 - Quincy, IL News - QuincyJournal.com
January Zoning Board of Appeals Meeting Wednesday, January 21, 2015 6:30 p.m. City Council Chambers First Floor, City Hall 730 Maine Street A G E N D A 3. Brian C. Terstegge requesting variances to reduce the 50-ft. front yard setback and to exceed the 3,600 sq. ft. allowable area of accessory structures on property at 6221 Church Hills Rd. Zoned: RU1 Ward: 5. (Denied on 12-26-14; petitioner’s request…
ONCEMORE1 - QPD Blotter for April 25, 2015 - Quincy, IL News - QuincyJournal.com
For such a nice guy, Mr. Terstegge sure seems to have a lot of people interested in his life and scrutinizing his every move. Seems like people who have no involvement in this and little if any direct knowledge of the issue would be better served by minding their own business.

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Are Illinois’ $1.5 billion in tax giveaways working?

1 year, 2 months ago by Ben Yount, Illinois Watchdog

Illinois’ economic development office insists its numbers show tax incentives do indeed work and produce jobs

Illinois is two months into an ongoing investigation over whether $1.5 billion in tax breaks and tax incentives are working.

The answer is definitively indefinitive: We don’t know.

“I have not seen anything that, verifiably, show these things work,” said state Rep. Jack Franks, D-Woodstock, in charge of one of two statehouse committees investigating the incentives.

But Illinois’ economic development office insists its numbers show tax incentives do indeed work and produce jobs.

The numbers from the Illinois Department of Commerce and Economic Opportunity claim tax incentives helped create 4,671 jobs and bring in business investments worth nearly $3.7 billion in 2012.

Franks isn’t buying it.

“DCEO (argues) somehow there is a 4 /12-time return on investment,” Franks said. “But two weeks ago they argued it was an eight-time return on investment.”

Franks said it’s not just that numbers change, but even the state’s success stories aren’t all that successful.

“Even though DCEO has given 770 economic incentives contracts, less than 300 of them have ever been fulfilled,” Franks said. “And very few go to the vast majority of our businesses. Ninety seven percent of our businesses are 20 employees or less, and less than 10 percent of those companies have (gotten an incentive).”

Categories of tax breaks vary, from manufacturers who buy new machines to retail stores that collect sales taxes to big companies that want special treatment to move to Chicago. If they don’t work for most businesses in Illinois, then who do they work for?

Ted Dabrowksi, vice president of policy for the Illinois Policy Institute, said the select few companies with enough clout to get a sweetheart deal are beneficiaries.

“If a company is receiving hundreds of millions of dollars in benefits, sure it’s working for them,” Dabrowski said. “But we have to ask he question: ‘Who is paying for that?’.”

The Illinois Legislature’s Commission on Government Forecasting and Accountability said taxpayers ultimately foot the bill.

“With over $1.15 billion in business-related tax expenditures currently offered, the cost of these job-enticing dollars are significant,” a COGFA report on tax incentivesstates. “The difficult question becomes, are these tax incentives really worth the cost?”

Franks has doubts.

“The only reason we should be having these incentives for businesses is to create jobs,” Franks said.

Illinois Gov. Pat Quinn’s administration insists the state is creating jobs.

“We are a net importer of jobs,” DCEO director Adam Pollet told lawmakers Wednesday. “We gained 1,400 jobs from business relocation in 2012.”

But Illinois’ unemployment rate, at 8.2 percent, is nearly two points higher than our neighbors and the rest of the nation.


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