Illinois quick hits: Chicago debt deal pushes payments down road

Illinois quick hits: Chicago debt deal pushes payments down road

Spread the love

Chicago debt deal pushes payments down road

Chicago Mayor Brandon Johnson is reportedly structuring the city’s debt with a deal that makes no payments for the next three-plus years. The Chicago Tribune Editorial Board found that the city is preparing to solicit bond investors for more than $500 million to cover back pay owed to firefighters and anticipated costs to settle lawsuits.

The report says the cost of the debt is likely to rise as investors demand higher yields in response to Chicago’s precarious financial condition.

Man sentence to 15 years for producing child porn

A district judge has sentenced a Richland County man to 28 years in federal prison plus 15 years of supervised release after he admitted to producing child pornography.

According to court documents, a mother discovered cell phone video of her 13-year-old engaging in sexual acts with Joseph Jared St. Pierre, 37, of Olney in July 2024.

State Reparations Commission issues report

The Illinois African Descent-Citizens Reparations Commission has released a 294-page document examining how slavery and its vestiges produce historical harms and continue to generate inequities for Black Illinoisans.

The commission said the report will help inform debate over how to repair and redress the damage. The report authors said it was beyond the scope of the document to determine what the remedies should be.

Leave a Comment





Latest News Stories

Will County P&Z Logo Planning Zoning.2

Zinc Leaching and Flooding Concerns Dominate Testimony at Will County Solar Hearing

Will County Board Special Planning and Zoning Commission Meeting | May 12, 2026 Article Summary: Expert and resident testimonies during Tuesday's Planning and Zoning Commission meeting highlighted severe concerns over groundwater...
Will County P&Z Logo Planning Zoning

Meeting Summary and Briefs: Will County Board Special Planning and Zoning Commission for May 12, 2026

Will County Board Special Planning and Zoning Commission Meeting | May 12, 2026 The Will County Board Planning and Zoning Commission convened for a special, court-ordered meeting on Tuesday to...
Will County Board Graphic.04

Access Will County Dial-A-Ride Reports Massive Growth After Consolidating Paratransit Services

Will County Board Public Works & Transportation Committee Meeting | May 5, 2026 Article SummaryThe Access Will County Dial-a-Ride program has seen explosive growth in ridership following a major consolidation...
Will County P&Z Logo Planning Zoning

Will County Planning and Zoning Commission Recommends Denial of 6,099-Acre Earthrise Solar Project After Court-Ordered Hearing

Will County Board Special Planning and Zoning Commission Meeting | May 12, 2026 Article Summary: Following a court-mandated cross-examination hearing, the Will County Planning and Zoning Commission voted 1-4 to recommend...
Judge sets up high stakes baby formula NEC trial vs Mead Johnson

Judge sets up high stakes baby formula NEC trial vs Mead Johnson

By Jonathan Bilyk | Legal NewslineThe Center Square A federal judge has potentially cleared the way for another trial against pharmaceutical and nutritional supplement maker Mead Johnson & Co. over...
Illinois Quick Hits: Home insurance regulations approved by Illinois Senate

Illinois Quick Hits: Home insurance regulations approved by Illinois Senate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A bill to regulate homeowners insurance rates will be up for consideration in the Illinois House after...
Illinois Senate passes bill to regulate auto insurance rates

Illinois Senate passes bill to regulate auto insurance rates

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Senate has approved legislation to regulate auto insurance rates, but a former Illinois Department of...
Op-Ed: The FAA's O'Hare decision is a win for travelers – and for competition

Op-Ed: The FAA’s O’Hare decision is a win for travelers – and for competition

By Mario H. Lopez | Hispanic Leadership FundThe Center Square At Chicago's O'Hare International Airport, one of the nation's most critical travel hubs and a gateway for millions of passengers...
Bill to prevent fraud on elderly, disabled opposed by financial institutions

Bill to prevent fraud on elderly, disabled opposed by financial institutions

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Based on the multiple billions of dollars lost to scams and exploitation of elderly and disabled adults...
Will County Board Graphic.01

Legislative Committee Advances Resolution Opposing Kidney Disease Treatment Delegation Act

Will County Board Legislative Committee Meeting | May 5, 2026 Article SummaryThe Will County Legislative Committee unanimously approved a resolution formally opposing Senate Bill 3445 and House Bill 4402, citing...

Illinois Quick Hits: Gas tops $5 a gallon

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – AAA says the average price for a gallon of regular unleaded gasoline is now $5.03 in Illinois,...
Will County P&Z Logo Planning Zoning.2

Commission Approves Massive Lake Michigan Water Infrastructure Project for Troy Township

Will County Planning and Zoning Commission Meeting | May 5, 2026 Article Summary: The Will County Planning and Zoning Commission on May 5, 2026, unanimously approved two major public utility...
Will County Board Graphic.02

Committee: Capital Improvements Committee Weighs $300 Million Options for Downtown Joliet Campus

Will County Board Capital Improvements & IT Committee Meeting | May 5, 2026 Article SummaryThe Will County Capital Improvements & IT Committee is evaluating four multi-million-dollar proposals to replace aging...
Will County Board Graphic.04

State Legislative Update: Housing Mandates, Mega Projects, and Data Centers Prompt Local Control Concerns

Will County Board Legislative Committee Meeting | May 5, 2026 Article SummaryState lobbyists from Mac Strategies briefed the Will County Board Legislative Committee on the final push of the spring...
Will County Finance Logo

Meeting Summary and Briefs: Will County Board Finance Committee for May 5, 2026

Will County Board Finance Committee Meeting | May 5, 2026 The Will County Board Finance Committee dedicated nearly its entire May 5, 2026, meeting to a series of rapid-fire, preliminary...