Illinois quick hits: Report shows rate of businesses leaving state

Illinois quick hits: Report shows rate of businesses leaving state

Spread the love

Report shows rate of businesses leaving state

Illinois businesses are moving to other states at triple the rate they did before the pandemic, according to new research from the Illinois Policy Institute.

In 2023, 218 businesses left Illinois, more than any state in the country after New York and California.

Despite having the most business applications filed in the Midwest, only 5.6% of applicants in Illinois actually opened a business and became operational within 12 months.

Former mayor sentenced for corruption

A federal judge has sentenced former McCook Mayor and Cook County Commissioner Jeff Tobolski to four years in prison for public corruption.

Tobolski pleaded guilty to extortion conspiracy and tax charges in 2020. Tobolski admitted that he abused his elected positions to benefit individuals who paid him more than $250,000 in bribes.

Towns make crowd-free boating list

Three Illinois towns made the list of Best Small Towns for Crowd-Free Boating.

BoatBooker’s 2025 study reviewed online reviews of small boating towns nationwide and found Port Barrington, Illinois came in at No. 6, Morris at No. 10 and Warrenville at No. 18.

Leave a Comment





Latest News Stories

Will County P&Z Logo Planning Zoning

Green Garden Solar Farm Approved in Split Vote; Battery Storage Component Rejected

Will County Planning and Zoning Commission Meeting | May 5, 2026 Article Summary: The Will County Planning and Zoning Commission recommended approval for a new 4.98-megawatt solar facility in Green...
Chicago mayor to push for local funding, keeping Bears

Chicago mayor to push for local funding, keeping Bears

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – As he travels to Springfield to lobby for state funding of local governments, Chicago Mayor Brandon Johnson...
Senate Republicans unveil $72 billion budget package to fund ICE, CBP

Senate Republicans unveil $72 billion budget package to fund ICE, CBP

By Thérèse BoudreauxThe Center Square Republicans are forging ahead with legislation to fund Immigration and Customs Enforcement and Customs and U.S. Border Patrol along party lines. The two Senate committees...
Illinois AI regulations have mild industry support, could draw federal ire

Illinois AI regulations have mild industry support, could draw federal ire

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Experts in artificial intelligence spoke to state lawmakers recently, providing guidance on four bills introduced in the...
DOJ files complaint to block Minnesota climate lawsuit

DOJ files complaint to block Minnesota climate lawsuit

By Elyse ApelThe Center Square The U.S. Department of Justice has filed a complaint against Minnesota, seeking to block the state from continuing to pursue a lawsuit against energy companies...
Hegseth: Ceasefire holds despite Iranian aggression

Hegseth: Ceasefire holds despite Iranian aggression

By Morgan SweeneyThe Center Square Despite Iranian forces opening fire on American warships in the Strait of Hormuz Monday, War Secretary Pete Hegseth said the ceasefire still holds and the...
Illinois Quick Hits: Mayors to visit capitol urge protection of local funding

Illinois Quick Hits: Mayors to visit capitol urge protection of local funding

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Metropolitan Mayors Caucus is urging Gov. J.B. Pritzker to reverse his proposed budget cut to local...
Despite tax revolt, Lower Merion keeps administrator pay high

Despite tax revolt, Lower Merion keeps administrator pay high

By Mark StricherzThe Center Square Despite a $27 million settlement with taxpayers in 2022, Lower Merion School District continues to pay top-tier salaries to administrators.Assistant high school principals in the...
Supreme Court allows Louisiana to immediately move on drawing new map

Supreme Court allows Louisiana to immediately move on drawing new map

By Nolan MckendryThe Center Square Louisiana lawmakers can immediately begin drawing a new congressional map after the U.S. Supreme Court on Monday night put into effect its ruling striking down...
After Fifth Circuit ruling on TX border security law, ACLU sues to stop it from going into effect

After Fifth Circuit ruling on TX border security law, ACLU sues to stop it from going into effect

By Bethany BlankleyThe Center Square Roughly one week after the Fifth Circuit U.S. Court of Appeals handed Texas a win on its border security law, SB 4, the law is...
Colorado legislators back psychedelic drug research

Colorado legislators back psychedelic drug research

By Liam HibbertThe Center Square Psychedelic drugs are experiencing an unprecedented wave of support across the U.S. for their potential therapeutic benefits. President Donald Trump’s recent executive order to research...
Trump tells small business owners tariffs 'aren't high enough'

Trump tells small business owners tariffs ‘aren’t high enough’

By Brett RowlandThe Center Square President Donald Trump told a group of small business owners Monday that tariffs should be higher, even as polling is mixed on the issue. "You...
Pennsylvania has the most Democrats in ‘Red to Blue’ campaign

Pennsylvania has the most Democrats in ‘Red to Blue’ campaign

By John ColeThe Center Square As Democrats ramp up their efforts to flip the U.S. House in November, four candidates from the Keystone State have been named to a program...
Trump hosts small business owners at White House, touting business-friendly policies

Trump hosts small business owners at White House, touting business-friendly policies

By Morgan SweeneyThe Center Square President Donald Trump enumerated a number of policies he said have created a favorable environment for small business growth while speaking to small business owners...
DeSantis signs new congressional map into law

DeSantis signs new congressional map into law

By Alan WootenThe Center Square Second-term Republican Gov. Ron DeSantis on Monday signed his redrawn congressional map into law. The Legislature gave passage last week. “Signed, sealed and delivered,” DeSantis...