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

Poll: 41% of parents worried about school safety before Minneapolis shooting

Poll: 41% of parents worried about school safety before Minneapolis shooting

By Morgan SweeneyThe Center Square Four in 10 parents of K-12 students are worried for their children’s safety at school, according to a new Gallup poll. The poll was collected...
Report: Offshore wind critics played role in Revolution Wind work stoppage

Report: Offshore wind critics played role in Revolution Wind work stoppage

By Tom JoyceThe Center Square Offshore wind opponents in the fishing industry helped shape the Trump administration’s decision to halt work on the Revolution Wind project, a $4 billion development...
Nevada governor addresses statewide cyberattack

Nevada governor addresses statewide cyberattack

By Liam HibbertThe Center Square Nevada Gov. Joe Lombardo spoke publicly for the first time on a cyberattack that shut down government websites and kept state employees at home, four...
Illinois quick hits: Mine manager pleads guilty; Johnson issues food executive order

Illinois quick hits: Mine manager pleads guilty; Johnson issues food executive order

By Jim Talamonti | The Center SquareThe Center Square Mine manager pleads guilty A former Franklin County mine manager has pleaded guilty to conspiring to defraud the U.S. Mine Safety...
Op-Ed: Chicago-area transit needs an intervention, not another fix

Op-Ed: Chicago-area transit needs an intervention, not another fix

By Brad Weisenstein | The Center Square contributorThe Center Square If Illinois were a family, it would have 1,313 siblings – its cities, towns and villages. One of them is...
WATCH: ‘Partisans’ who want to should ‘get up and move’ from Illinois, Pritzker says

WATCH: ‘Partisans’ who want to should ‘get up and move’ from Illinois, Pritzker says

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – If you’re not willing to stick around and help make the state better, Illinois Gov. J.B. Pritzker...
Green-Garden-Township-Graphic.1

Green Garden Township Debates New Land Use Plan during Workshop, Pushes Potential Vote to October

Article Summary: The Green Garden Township Board reviewed a new draft Land Use Plan designed to protect the area's rural character while defining commercial and industrial corridors for the first...
Victims identified in Minneapolis Catholic school shooting

Victims identified in Minneapolis Catholic school shooting

By Jon StyfThe Center Square “As a family, we are shattered, and words cannot capture the depth of our pain.” Those are the words of the parents of 10-year-old Harper...
Pentagon to build new task force to counter drone threats

Pentagon to build new task force to counter drone threats

By Brett RowlandThe Center Square The Pentagon is creating a new task force to counter drone threats and keep U.S. airspace safe. Defense Secretary Pete Hegseth said the Department of...
'Horrendous' religious freedom violation leads to payout by Chicago Public Schools

‘Horrendous’ religious freedom violation leads to payout by Chicago Public Schools

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A court-approved settlement of over $2.6 million is being paid to 207 former Chicago Public School students...
Extended Secret Service protection canceled for Kamala Harris

Extended Secret Service protection canceled for Kamala Harris

By Sarah Roderick-FitchThe Center Square More than seven months after leaving office, President Donald Trump is revoking the taxpayer-funded Secret Service protection detail of former Vice President Kamala Harris. Former...
Du Quoin State Fair gets $50M as senator defends two state fairs in Illinois

Du Quoin State Fair gets $50M as senator defends two state fairs in Illinois

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The Du Quoin State Fairgrounds have received over $50 million in upgrades, part of Gov. J.B....
WATCH: Pritzker alleges Trump election interference; tells disgruntled residents to move

WATCH: Pritzker alleges Trump election interference; tells disgruntled residents to move

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares where there...
Illinois quick hits: Foreign national indicted for fraud; Chicago Public Schools budget approved

Illinois quick hits: Foreign national indicted for fraud; Chicago Public Schools budget approved

By Jim Talamonti | The Center SquareThe Center Square Foreign national indicted for fraud A foreign national has been indicted in U.S. District Court in Chicago for allegedly defrauding numerous...
CA Supreme Court rejects GOP bid to stop redistricting

CA Supreme Court rejects GOP bid to stop redistricting

By Dave MasonThe Center Square The California Supreme Court rejected an emergency Republican petition to take congressional redistricting off the Nov. 4 ballot. "The petition for writ of mandate and...