Illinois Quick Hits: Judge rules Cook County misspent $243M
(The Center Square) – A circuit court judge has ruled that Cook County spent $243 million in violation of the Illinois constitution.
According to Criminal Watch, Judge Alison Conlon ruled that the county’s use of transportation-related tax revenues during the 2023 fiscal year violated the state’s Safe Roads Amendment.
The court found that Cook County’s diversion of $243 million did not meet the amendment’s requirement that revenue from fuel taxes, vehicle registration fees and other transportation taxes be used exclusively for transportation infrastructure and related operations.
DRUG CHARGES
A federal drug investigation has resulted in criminal charges against a Chicago couple and seven other individuals for allegedly trafficking cocaine in the Chicago area.
Joel Andrade, 34, and Maria Brenda Mora-Hernandez, 32, are charged with drug conspiracy, drug distribution and firearm offenses.
The other defendants also face federal drug charges.
BANK TAKEOVER
The Illinois Department of Financial and Professional Regulation Division of Banking, in cooperation with the Federal Deposit Insurance Corporation, took possession and control of Metropolitan Capital Bank & Trust in Chicago on Friday.
Susana Soriano, Acting Director of IDFPR’s Division of Banking, said Metropolitan was closed due to unsafe and unsound conditions and an impaired capital position.
First Independence Bank of Detroit, Michigan agreed to buy the bank. Soriano said the action would not cause depositors to lose any money.
Slight Chance Rain Showers then Slight Chance Showers And Thunderstorms
Latest News Stories
Trump says court’s tariff decision could lead to ‘catastrophic’ collapse
Trump: Zelenskyy could end Russia-Ukraine war ‘if he wants to’
$750 million facility to protect Texas cattle, wildlife from screwworm threat
Chicago posts fewest homicides since 2016, arrests rate also declines
Three years later, Inflation Reduction Act blamed for higher Medicare costs
Illinois quick hits: Prosecutors charge two more in Tren de Aragua case; Senate Energy and Public Utilities Committee meets today; Illinois Little League team loses in World Series
Report: Human Rights Campaign pressures transgender procedures on minors
Everyday Economics: Housing market and Fed policy in focus in the week ahead
Executive Committee Considers $12,000 Strategic Planning Initiative with University of St. Francis
Businesses brace for new tax challenges amid global tariff focus
WATCH: IL state reps challenge IEMA-OHS responses to local agencies
Illinois takes over health insurance marketplace in 2026 amid skepticism
Judge expands restraining order against ‘Beto’ O’Rourke, adds ActBlue
