Illinois quick hits: Chicago debt deal pushes payments down road
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.
Latest News Stories
Commission Overrides Staff Recommendation, Approves Manhattan Township Barn Expansion
Chicago could owe $100M+ in refunds for excessive city tickets
Illinois quick hits: Indiana House approves Bears stadium bill; Business, labor groups file petition to stop natural gas phaseout; Chicago woman gets 2 years for PPP fraud
Community violence intervention advocates tout crime reduction, taxpayer funding
Pritzker’s social media fee plan faces cost, legality questions
Chicago tourism rises; visitors ignore Trump’s condemnation
Illinois quick hits: Chicago man faces charges in road-rage shooting; migrant accused of murdering church volunteer; Illinois Liquor Control Commission launches new system
Executive Committee Advances “Project Northwinds”: 2,475 Jobs and $346 Million Investment Proposed for Former Caterpillar, Lion Electric Sites
Land Use Committee Advances Mokena Scrap Yard and Homer Glen Landscape Business Over Local Objections
Foxx to face questions about murder conviction review ‘investigations’
Planning Commission Backs 5-MW Peotone Solar Farm; Developer Pledges Pollinator Habitat and Community Funds
207U Committee Reviews Budget Adjustments, Facility Planning and Operations Issues
Joliet Junior College Board Approves $2 Tuition Increase Amidst Heated Debate Over Enrollment and Spending