Despite Illinois having among the highest property taxes in the country, Illinois legislators are advancing measures that would allow for more property tax increases.

Illinoisans already pay the second highest property taxes in the country, behind New Jersey, according to MoneyGeek.

When Erica Wax teaches financial literacy to high school students, often “The questions just fly … about credit cards, about paying back student loans,” she said.

Wax, a former bankruptcy lawyer and business litigator for more than 30 years, is chairwoman of Credit Abuse Resistance Education Chicago, or CARE Chicago. The not-for-profit group that’s a local chapter of a national organization offers financial literacy instruction to Chicago area high school students. Last year, it taught about 4,000 kids.

Gov. J.B. Pritzker on Monday announced the appointment of a northwest suburban lawmaker to head the state’s Department of Insurance.

State Sen. Ann Gillespie of Arlington Heights will step down from her legislative post to lead the agency as acting director. Her appointment requires confirmation by the state senate. She replaces Dana Popish Severinghaus, who assumed the department’s top post in 2021 and will be leaving the position next week.

Mayor Brandon Johnson missed the deadline to nominate seven people to serve on a permanent board of Chicagoans that will oversee the Chicago Police Department as part of a new era of oversight for the beleaguered law enforcement agency.

It is not clear when Johnson will make his pick from among 15 people nominated by members of Chicago’s police district councils and send those seven names to the City Council for confirmation to serve four-year terms.

President Joe Biden said Monday that college graduates would see “life-changing” relief from his new plan to ease debt burdens for more than 30 million borrowers, the latest attempt by the Democratic president to make good on a campaign promise that could buoy his standing with young voters.

Biden detailed the initiative, which has been in the works for months, during a trip to Wisconsin, one of a handful of battleground states that could decide the outcome of Biden’s likely rematch with Donald Trump, the presumptive Republican nominee.

Mundelein’s newly approved $73.7 million annual budget includes a record sum for road improvements, as well as money for public safety staffing increases and other expenditures, officials said Monday.

The village board unanimously approved the spending plan Monday night. The 2025 fiscal year begins May 1.