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John Heiderschedit, Criminal Defense Attorney; Subscription Lawyer; Chicago Lawyer

finance

Frerichs Urges Families to Give the Gift of Education This Holiday Season

The Treasurer’s Office highlighted the ReadySave529 mobile app, which allows Bright Start account holders to solicit and receive gift contributions with just a few clicks. #education #savings

Elections board drops campaign finance fines against IL Senate President

Harmon’s committee had argued the notice of self-funding should be based on the office's election cycle, not the day of the next general election cycle as some Senate terms can be four and six years. Harmon is up for reelection in 2026. #fines #election

IL lawmakers could address energy prices, transit, taxes during veto session

This year, legislators have proposed a number of different taxes to fund public transportation. #vetosession

Illinois Launches Statewide Campaign to Help Students Apply for College and Financial Aid

The program connects students with resources to navigate the often-daunting application process for college admissions and financial aid, including the Free Application for Federal Student Aid (FAFSA®). #college

Illinois Consumers Reclaim Nearly $20 Million in Unclaimed Life Insurance Policies

The announcement comes during Life Insurance Awareness Month, which highlights the importance of financial planning and consumer resources. #insurance

Bailey Accuses Pritzker of Deflecting on Illinois Budget Woes

“To blame President Trump for Illinois’ budget problems is like blaming the White Sox’s losing record on the fans. It is absurd,” #budget

Aldermen call for transparency as Chicago wrestles with deficit over $1 billion

Alderman Samantha Nugent asked to see a $3 million budget analysis prepared for the city by Ernst & Young. Alderman Brendan Reilly repeated Nugent’s question to Chicago Budget Director Annette Guzman. #deficit

James M. Vasselli, Esq. Recognized Among Top Lawyers for Dedication to Legal Excellence

Since founding Vasselli Law in Oak Brook, Illinois, in 2024, Vasselli has been pivotal in advising mayors and elected officials on risk management and diversifying revenue streams. #legal

Analyst: Chicago, St. Louis inflation problems reflect Illinois struggles

According to the report, two of the five major metropolitan areas with the biggest inflation problems have a large footprint in Illinois. #inflation

Chicago pension debt climbs to $36B, up 13% in five years

The 2024 Annual Comprehensive Financial Report for the city of Chicago now pegs the city’s unfunded liabilities at almost $36 billion, even after overall debt has dipped by $1.3 billion over the last year. #pension

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