Archive for February, 2015

What Could Illinois Do with $20B a Year?

Tuesday, February 24th, 2015

Earlier this month, I had the pleasure of serving on a panel with Congressman Bill Foster and Mayor Tom Weisner, among others, to raise awareness of Illinois being a “Payer State” within our country.

In a typical year, $20 billion leaves Illinois; we pay $1.36 in federal taxes for every dollar of federal spending returned to the state. In fact, according to figures compiled by the Pew Charitable Trust, Illinois receives the third smallest amount of federal spending per capita in the country.

While the entire country is governed by the same federal tax code, individual and corporate tax burdens vary substantially between states. Many states get much more back in federal spending than others. This transfer of wealth from the “Payer States” to the “Taker States” inevitably shows up as higher state taxes, higher government debt and underinvestment in education, infrastructure and health care in the “Payer States.”

While much has been said in recent years to malign Illinois employers, they have done their best through the economic downturn to support their employees, communities, state and even their country.

According to the Tax Foundation, Illinois businesses are among the most generous in the nation. Only businesses in four other states had a higher tax rate than Illinois’ 9.5 percent last year.

It’s no wonder business men and women from throughout the state are frustrated with the opportunities before them.

With respect to our neighbors, Wisconsin had the next closest corporate income tax rate at 7.9 percent. And yet for every dollar generated from taxes, Wisconsin saw a return of $1.68.

Indiana, at 7.5 percent, realized more than $2 in the exchange. Nearly every state around Illinois saw a positive return…but not Illinois.

According to WalletHub.com, Illinois was the second least dependent on federal return on taxpayer investment. During the 1990s and 2000s, Illinois contributed $2 trillion in Federal taxes. Unfortunately, during that same 20-year period, we received less than $1.3 trillion in Federal spending — a mere 65 percent of what was contributed.

How would look if there was more equity in the distribution of Federal spending? Illinois could focus investment in new technologies and equipment, stimulate the expansion of existing businesses, address stagnant wages and revitalize infrastructure and education services. With refocused investment, Illinois would be poised to attract new business ventures and top talent. These changes would reinforce Illinois’ role as a business leader and net contributor to our nation’s prosperity.

Congressman Foster recently introduced The Payer State Transparency Act of 2015. The Act would require the Office of Management and Budget, in conjunction with the Council of Economic Advisors and the Treasury Department, to produce annual assessments of net economic effect on individual states of all federal spending programs. A comparison of these figures against a model of state tax burdens developed by the Bureau of Economic Analysis would be reported.

We appreciate Congressman Foster’s commitment to the people of Illinois. We look forward to better transparency – and more discussion – when it comes to this topic.

 

 

Your Weekly News from the Aurora Chamber

Monday, February 23rd, 2015
Here is this week’s newsletter to members of the Aurora Regional Chamber of Commerce. If you have Member News to include,
please send it to us by Wednesday the week prior to publication. For more information, contact the Chamber at (630) 256-3180.
Header
February 23, 2015
In This Issue

 

Quick Links

Follow Us!
Facebook Twitter Blog

Elite Members

For more information contact the chamber.

95.9 The River
Accurate Personnel
Alarm Detection Systems, Inc.
Aurora University
Bad Monkey Circus Agency: Websites-Video
Baird & Warner – Holli Thurston
Basils Greek Dining
BKD, LLP
BMO Harris
Cadence Fitness & Health Center
Cadence Health Convenient Care & Medical Offices
Caterpillar, Inc.
Central DuPage Hospital
Chicago Premium Outlets
ComEd
Continental Acura of Naperville
Continental Audi of Naperville
Continental Mazda of Naperville
Delnor Glen Senior Living
Delnor Hospital
DiGiovine Hnilo Jordan + Johnson Ltd.
Global Data Sciences
Green Buddha Life Books dba E3HRA, LLC
Ice Miller LLP
ieple, LLC.
Junior Achievement of Chicago – Western Division
K-Rise Systems, Inc.
Kluber Architects & Engineers
Konen Insurance Agency
Leave Me Bee Pest Control, Inc.
LivingWell Cancer Resource Center
Magnetrol International, Incorporated
Martin Whalen Office Solutions
McKesson
Mind and Body Chiropractic
Mitutoyo America Corporation
Mooney & Thomas P.C.
Old Second National Bank
Painters District Council 30
Paramount Arts Centre
Pipe Fitters Local 597
Plum Landing Retirement Community
Presence Mercy Medical Center
R.C. Wegman Construction Company
Rasmussen College
Rich Harvest Farms
Rush-Copley Medical Center
Ryland Homes – Ingham Park
S&S Metal Recyclers II
Safeguard Construction Company, Inc.
Sign*A*Rama – Aurora
Sleepy’s – Farnsworth
Sleepy’s – North Aurora
Sleepy’s – Rt. 59
SmithAmundsen, LLC
St. Charles Bank & Trust
State Farm Insurance Companies
Stumm Insurance, LLC
The UPS Store – Kirk & Butterfield
The Voice
Two Brothers Roundhouse
Valley Fastener Group, LLC
Waubonsee Community College
Weldstar Company
WSPY
Zippy Shell Fox Valley

Welcome New Members

Stericycle
John Katchka
3557 Butterfield Rd., Suite 151
Aurora 60502
(630) 692-0524
Distribution

Roosevelt Aurora American Legion Post 84
1919 LaSalle St., Suite 204
Aurora 60505
(630) 474-5084
Family, Community & Civic Organizations

Aspen Financial Services
Matthew Kewenig
201 N. Constitution Dr.
Aurora 60506
(630) 897-7575
Financial Services

Dr. Gadget – Phone and Tablet Repair
Mohommed Haq
Faiz Hag
4430 E. New York St.
Aurora 60504
(630) 340-5569
Phone and Tablet Repair

 

Contact Us


Mail: 43 W. Galena Blvd.
Aurora, Illinois 60506
Phone: (630) 256-3180
Fax: (630) 256-3189
www.aurorachamber.com

 

 

Public Policy Update
Local Government Consolidation
Lt. Gov. Evelyn Sanguinetti has been picked to lead a consolidation, unfunded mandates commission. With the goal of reducing property taxes paid by Illinois property owners and homeowners, Gov. Rauner on Friday asked Sanguinetti to head a new task force that will look at opportunities for savings from the consolidation of taxing bodies.

For full post, visit the Chamber’s blog.

Governor Names New DCEO Director
Gov. Bruce Rauner announced last week the selection of Jim Schultz, 55, as director of the Illinois Department of Commerce and Economic Opportunity. According to the announcement, Schultz’s experience in agribusiness and as a banking entrepreneur gives him the breadth of knowledge to develop and support businesses across the State of Illinois.

For full post, visit the Chamber’s blog.

Mark Your Calendars; Save the Dates
Business Leads Group 1
Tuesday, February 24, at 7:30 a.m.
Chamber offices

Business Leads Group 2
Wednesday, February 25, at 8:00 a.m.
Chamber offices

Fox Valley Networking Professionals
Thursday, February 26, at 8:00 a.m.
Pomegranate Restaurant, 55 S. Commons Dr., Aurora
Register

Ribbon Cutting: Stericycle
Tuesday, March 3, at 10:00 a.m.
3557 Butterfield Rd., Suite 151, Aurora

Ribbon Cutting: Dr. Gadget
Friday, March 6, at 3:30 p.m.
4430 E. New York St., Aurora

Premier Members
Premier Members
Member News
For more news and program information from your fellow Chamber members, visit the Aurora Chamber blog.
Aurora Regional Chamber of Commerce | 43 W. Galena Blvd. Aurora, Illinois 60506
Phone: (630) 256-3180 Fax: (630) 256-3189 | www.aurorachamber.com
This email was sent by Email Patron on behalf of Aurora Regional Chamber of Commerce.

Governor Names New DCEO Director

Saturday, February 21st, 2015

Gov. Bruce Rauner announced recently the selection of Jim Schultz as director of the Illinois Department of Commerce and Economic Opportunity. According to the announcement, Schultz’s experience in agribusiness and as a banking entrepreneur gives him the breadth of knowledge to develop and support businesses across the State of Illinois. He will bring 30 years of experience to the position.

Schultz is currently the chairman of Open Prairie Ventures, Inc., a company he founded in 1997. Open Prairie provides private equity services and manages more than $135 million in fund commitments.

Prior to founding Open Prairie Ventures, Schultz was the chairman and CEO of Telemind Capital Corporation. The company provides merger and acquisition guidance and financial consulting services to businesses. Schultz assisted clients in a number of industries, including software development, banking, manufacturing, retail, healthcare, and entertainment.

Schultz earned his bachelor’s degree in business administration from Southern Methodist University in 1980. He holds a law degree from DePaul University and an MBA from Northwestern University.

Gov. Rauner Picks Sanguinetti to Lead Local Government Consolidation

Saturday, February 21st, 2015

Lt. Gov. Evelyn Sanguinetti has been picked to lead a consolidation, unfunded mandates commission. With the goal of reducing property taxes paid by Illinois property owners and homeowners, Gov. Rauner asked Sanguinetti to head a new task force that will look at opportunities for savings from the consolidation of taxing bodies.

Illinois currently has 6,963 units of local government. It is #1 in this metric; none of the other 50 states top 6,000.

Bodies with the power to extend property taxes include:

  • school and community college districts, of which Illinois has 905 (#3 nationwide)
  • 1,431 township governments (#3 nationwide)
  • 3,227 special district governments, such as drainage districts and mosquito abatement districts (#1 nationwide), and
  • 1,298 municipal governments (#1 nationwide).

Sanguinetti’s task force will look into both unfunded mandates and the possible existence of redundant units of local government. The members will conduct a comprehensive review of State laws that impose burdens on local schools and governments, and their taxpayers. They are asked to report their findings to the Governor and the General Assembly no later than Dec. 31.

This Week’s News from Our Members

Saturday, February 21st, 2015

Thank you to Orchard Valley Golf Course for sponsoring a successful Business After Hours event last week.

Gigi’s Playhouse Family Fun Night needs volunteer families to host the activities for February 27, March 27, April 24, May 22, June 26, July 24, August 28, September 25, October 23, November 20, and December 18 from 6:00 to 8:00 p.m. Pick a date and send your name, phone number, and email to foxvalley@gigisplayhouse.org.

School’s Out Day Camps at Naper Settlement on February 27 from 9:00 a.m. to 3:00 p.m. Children grades one through five are $45. Reservations are required.

Waubonsee Community College Adult Literacy Project volunteer tutor training is March 14 and March 21 from 9:00 a.m. to 3:00 p.m. Contact emills@waubonsee.edu for more information.

BKD, LLP has been selected as the principal partner for accounting by The Construction Financial Management Association (CFMA). BKD’s dedicated professionals offer a variety of services in accounting, audit and assurance, tax, risk management, technology, corporate finance, forensic and valuation services, and wealth management.

The Growing Place kicks off their 79th year on Saturday, March 28, with a day packed full of activities to inspire and engage gardeners for another year of success in gardening. Call to register for their free Opening Day classes.

Rich Harvest Farms is excited to play host to the 2015 Palmer Cup! To make the event run smoothly, they are looking for volunteers to assist Friday, June 12, through Sunday, June 14. Opportunities include live scoring, shuttle driving, hospitality, and marshalling. Click here to sign up, as spots are filling up quickly. For more information on the tournament, please visit www.palmercup.org.

Engineering Enterprises, Inc. announces the promotions of Kurtis T. Muth, PE, LEED AP, and Timothy V. Weidner, PE, to project managers. They also have two new staff members, Nadia L. Simek, EI, and Michael R. Brouch, PE.

The Ash Center for Democratic Governance and Innovation at Harvard University’s John F. Kennedy School of Government has recognized The City of Aurora’s Broadcast Real-time Inspection Transparency Emails (BRITE).

Join Green Buddha Life Eco-Art Gallery for the grand opening of internationally renowned spiritual artist Joanne Koenig-Macko’s solo exhibition on Friday, March 6, from 6:30 to 9:00 p.m. Her artwork will remain displayed during the month of March.

The City of Aurora’s African –American Heritage Advisory Board’s 11th Annual Heritage Dinner will honor Sherman Jenkins at 7:00 p.m. on Friday, February 27. Tickets can be purchased online at www.aurora-il.org or by calling (630) 256-3402.

Naper Settlement announces the headliners for the history of rock music during this summer’s Naper Nights Community Concert Series. They include American English, Elevation, Daryl Stuermer, Think Floyd, Mike and Joe, Deacon Blues, Simply Elton. More information and tickets are available online.

Several Events for Aurora Chamber Members on Calendar

Monday, February 9th, 2015
Here is this week’s newsletter to members of the Aurora Regional Chamber of Commerce. If you have Member News to include,
please send it to us by Wednesday the week prior to publication. For more information, contact the Chamber at (630) 256-3180.
Header
February 09, 2015
In This Issue

 

Quick Links

Follow Us!
Facebook Twitter Blog

Elite Members

For more information contact the chamber.

95.9 The River
Accurate Personnel
Alarm Detection Systems, Inc.
Aurora University
Bad Monkey Circus Agency: Websites-Video
Baird & Warner – Holli Thurston
Basils Greek Dining
BKD, LLP
BMO Harris
Cadence Fitness & Health Center
Cadence Health Convenient Care & Medical Offices
Caterpillar, Inc.
Central DuPage Hospital
Chicago Premium Outlets
ComEd
Continental Acura of Naperville
Continental Audi of Naperville
Continental Mazda of Naperville
Delnor Glen Senior Living
Delnor Hospital
DiGiovine Hnilo Jordan + Johnson Ltd.
Global Data Sciences
Green Buddha Life Books dba E3HRA, LLC
Ice Miller LLP
ieple, LLC.
Junior Achievement of Chicago – Western Division
K-Rise Systems, Inc.
Kluber Architects & Engineers
Konen Insurance Agency
Leave Me Bee Pest Control, Inc.
LivingWell Cancer Resource Center
Magnetrol International, Incorporated
Martin Whalen Office Solutions
McKesson
Mind and Body Chiropractic
Mitutoyo America Corporation
Mooney & Thomas P.C.
Old Second National Bank
Painters District Council 30
Paramount Arts Centre
Pipe Fitters Local 597
Plum Landing Retirement Community
Presence Mercy Medical Center
R.C. Wegman Construction Company
Rasmussen College
Rich Harvest Farms
Rush-Copley Medical Center
Ryland Homes – Ingham Park
S&S Metal Recyclers II
Safeguard Construction Company, Inc.
Sign*A*Rama – Aurora
Sleepy’s – Farnsworth
Sleepy’s – North Aurora
Sleepy’s – Rt. 59
SmithAmundsen, LLC
St. Charles Bank & Trust
State Farm Insurance Companies
Stumm Insurance, LLC
The UPS Store – Kirk & Butterfield
The Voice
Two Brothers Roundhouse
Valley Fastener Group, LLC
Waubonsee Community College
Weldstar Company
WSPY
Zippy Shell Fox Valley

Contact Us

Mail: 43 W. Galena Blvd.
Aurora, Illinois 60506
Phone: (630) 256-3180
Fax: (630) 256-3189
www.aurorachamber.com

 

 

Public Policy Update
Public Policy Update: House Announces Committees
Last week, the Illinois House posted the committees and members of the 99th General Assembly. Local representatives and their committee assignments may be found here.

Gov. Rauner Delivers State of the State Address

Gov. Bruce Rauner’s agenda, presented to the General Assembly in his State of the State address on Wednesday, February 4, called for comprehensive reforms to the “iron triangle.”

Rauner’s office has posted a video of his speech online and welcomes social-media discussion of the points made in it using the hashtag #ILTurnaround.

For more on the Governor’s address, visit the blog.

Ill. Senate Passes Minimum Wage Increase
Partisan Senate majority passes minimum wage increase; bill moves to House. SB 11 would increase the standard Illinois minimum wage, applicable to most employment positions, from $8.25 an hour (current rate) to $11.00 an hour over a five-year period. The Senate vote was 35-15-1. Full details can be found on the Chamber’s blog.

Mark Your Calendars; Save the Dates
Business Leads Group 1
Tuesday, February 10, at 7:30 a.m.
Chamber offices

Business Leads Group 2
Wednesday, February 11, at 8:00 a.m.
Chamber offices

Ambassador’s Committee Meeting
Thursday, February 12 at 11:30 a.m.
Chamber offices

Multi-Chamber Business After Hours
Thursday, February 19 at 4:30 a.m.
Orchard Valley Golf Course
Register

Fox Valley Networking Professionals
Thursday, February 26 at 8:00 a.m.
Pomegranate Restaurant
Register

Premier Members
Premier Members
Member News
For more news and program information from your fellow Chamber members, visit the Aurora Chamber blog.
Board Nominations Sought
The Aurora Regional Chamber of Commerce is seeking nominations for members willing to be considered to serve on the Board of Directors. All eligible nominees will be considered by the Nominating Committee. Nominations may be found online. Forms should be returned by Friday, February 13, at 5:00 p.m.

A Board of Directors governs the business, property, and affairs of the Aurora Regional Chamber of Commerce. The Board is responsible for establishing policy, budgets, and the guidance of affairs. The Board is composed of up to 22 persons who shall be members in good standing of the Chamber. Directors are elected for a term of three years which are staggered so that approximately one-third of the directors are elected each year. Vacancies in the board shall be filled by a majority vote of the remaining directors.

To be considered to be a Director, nominees must be members in good standing.

ScaleUp Aurora to Launch Second Cohort in March
The Aurora Regional Chamber of Commerce has partnered with Women’s Business Development Center to support economic growth and job creation among small businesses. For information and details, visit our blog.
Register Now for GreenTown Aurora
The City of Aurora, in collaboration with other Fox River Valley communities, will be hosting Greentown Aurora-Fox River Valley on February 26 at Two Brothers Roundhouse. This event will bring together the public and private sectors to facilitate the sharing of ideas and promote the collaborative implementation of ongoing sustainability initiatives.

More information is available on the Chamber blog.

Aurora Regional Chamber of Commerce | 43 W. Galena Blvd. Aurora, Illinois 60506
Phone: (630) 256-3180 Fax: (630) 256-3189 | www.aurorachamber.com
This email was sent by Email Patron on behalf of Aurora Regional Chamber of Commerce.

Gov. Rauner Delivers State of the State Address

Sunday, February 8th, 2015

Prevailing wage law, project labor agreements, and unfunded mandates are elements of the “big picture” of Illinois public-sector spending. Gov. Bruce Rauner’s agenda, presented to the General Assembly in his State of the State address on Wednesday, February 4, called for comprehensive reforms to the “iron triangle.” The Chicago Tribune covered the story.

Governor Rauner looked repeatedly at Illinois tax and labor law as a factor in the Prairie State’s poor economic performance. States that neighbor Illinois, led by Indiana, Michigan, and Wisconsin, have enacted reforms to their states’ tax laws and labor laws. Rauner pointed out the comprehensively better economic performance enjoyed by these states, and presented an example of a typical firm – Modern Forge, formerly of Blue Island – that has joined many of its fellow small businesses in moving to Indiana.

“We must avoid slipping further behind,” he warned, calling for dramatic changes in the laws of Illinois to match its neighbors.”

The governor called for additional support for Illinois elementary, secondary, and higher education. He pledged to reform the education bureaucracy and to prioritize early education programs, elementary and secondary education in geographically challenged areas of the State, and to return Illinois support to historic levels for credential-oriented programs within community colleges. Rauner’s pledge included fighting to lift the current cap on Illinois charter schools.

Rauner called for major changes in the face of elected government in Springfield. He strongly requested approval by the General Assembly, for submission to the people of Illinois, of constitutional amendments to limit the terms of Illinois elected officials and merge the offices of Illinois comptroller and treasurer.

Rauner’s office has posted a video of his speech online and welcomes social-media discussion of the points made in it using the hashtag #ILTurnaround.

Ill. Senate Passes Minimum Wage Increase

Sunday, February 8th, 2015

Partisan Senate majority passes minimum wage increase; bill moves to House.  SB 11 would increase the standard Illinois minimum wage, applicable to most employment positions, from $8.25 an hour (current rate) to $11.00 an hour over a five-year period. The Senate vote was 35-15-1.

Local Senators voted along party lines with Democrats Bertino-Tarrant and Holmes voting in support while Republicans Connelly, McConnaughay, Oberweis, and Rezin voted against the measure. Sen. Syverson did not vote.

A separate Chicago minimum wage increase is held harmless by SB 11, which means enactment of this bill would complete the “decoupling” of the minimum wage in Chicago from the minimum wage in the suburbs and in Downstate Illinois. A temporary tax credit is created which supporters say could provide some relief for small businesses that are negatively affected by the enactment of this bill.

SB 11 did not contain workers’ compensation reform or any of the other labor-market reforms coupled to minimum-wage action by Gov. Bruce Rauner in his State of the State address as part of an overall Illinois economic-turnaround strategy.

This Week’s Member News

Sunday, February 8th, 2015

Comcast Business has launched a contest which give members an opportunity to win up to $30,000 to get a jumpstart for their business. For more information visit business.comcast.com/i4E

Aurora University presents “Persian Visions: Contemporary Photography from Iran”. Show opens Tuesday, February 10 at Phillips Library, 315 S. Gladstone Ave. and Dunham Hall, 1400 Marseillaise Place, Aurora.

Kiwanis Club of Aurora announces the 65th Annual Pancake Day & Blood Drive will be on Saturday, March 21 from 7:00 a.m. to 12:00 p.m. at Aurora Central Catholic High School. Donation is $6.00.

Advocate Dreyer Medical Center wants you to “Listen to your Heart!” Men and women of all ages are invited to a free educational evening presented by their Cardiology team on Monday, February 23 from 6:00 to 8:00 p.m. at the Hampton Inn & Suites, 2423 Bushwood Dr. Aurora.

The Label Printers sponsored Geneva High School’s F.I.R.S.T. Robotics Team on Tuesday, February 3, the F.I.R.S.T. Robotics Competition season began.

Bid Documents Available for Library Asphalt Paving, Curbs

Thursday, February 5th, 2015

R.C. Wegman Construction Company requests Bid Proposals on behalf of the Aurora Public Library for the construction of the New Main Library. Bid Proposals will be received at the Main Branch of the Aurora Public Library 1 East Benton Street, Aurora, IL. 60505 – Lower Level. Hand delivery or mail to the attention of the Aurora Public Library by 1:00 p.m. local time on Friday February 20, 2015 for Bid Packages BP3-01. At this time, the  Bid Package  Proposals  will  be publicly read aloud.  Any proposals received later than   1:00 p.m. Friday February 20, 2015 shall not be accepted. It is the responsibility of the Bidder to guarantee delivery either by mail or hand prior to the appropriate times and dates listed in this Advertisement for Bids.

Bid Proposals must be sealed in an opaque envelope with Bidder’s Name on the outside of the envelope and designated as follows:

Sealed Proposal
Aurora Public Library
Attention: Aurora Public Library
New Main Library – Bid Package No. 3
Bid Category: (insert Bid Package Number and Name)
Contractor Name, Address, Phone Number

 

Proposals shall be based on the requirements set forth in the Bidding Documents prepared by the Construction Manager and the Architect/Engineer for the following Bid Categories:

All Bidders will be required to furnish bid security in the form of a bid bond, bank cashier’s check or cash in the amount of (10%) of the base bid amount and shall be submitted with the Bid Proposal.

REJECTION OF BIDS: The Aurora Public Library reserves (i) the right to reject any or all bids, (ii) the right to waive irregularities or informalities in bidding procedure, and (iii) the right to award any portion or award on basis of total bid.  Any such decision shall be considered final.

All Bidders must comply with applicable Illinois Law regarding the payment of prevailing wages by all labors, workmen and mechanics working on public funded projects. If during the time period of work, these rates change, the Bidding Contractor shall be responsible for any associated additional costs without any change to the proposed contract amount.

The proposed contract is subject to the requirements of the Equal Employment Practices Commission and the Illinois Human Rights Act (HRA) Illinois Revised Statute, CH. 69, Par. 10102, etc.

Minority Business Enterprise Participation: Minority business firms are encouraged to submit bids for this project. The successful contract bidder(s) are encouraged to utilize minority businesses as subcontractors for supplies, equipment, services and construction.

BID DOCUMENTS: Bidding documents will be available after 1:00 p.m. on Thursday February 5, 2015. Please contact the Construction Managers R. C. Wegman Construction Company for information on obtaining Bid Documents. Phone: 630-844-3000 – Fax: 630-844-3003 – E-Mail:  LisaG@rcwegman.com