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

Wetzel

Peotone Man Charged With Disorderly Conduct, Criminal Damage at New Lenox Target

A 45-year-old Peotone man has been charged with disorderly conduct and criminal damage to property following an incident at a New Lenox Target store, according to police. New Lenox police...
U.S. Supreme Court to hear anti-oil cases with energy costs on the line

U.S. Supreme Court to hear anti-oil cases with energy costs on the line

By Andrew RiceThe Center Square Energy advocates have been warning against green energy demands driving up prices across the country. As anti-oil and gas activists seek legal pathways to straddle...
Constitutional concerns raised over Illinois' first civil hate crime case

Constitutional concerns raised over Illinois’ first civil hate crime case

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A former Illinois attorney general candidate says the state’s first civil hate crime lawsuit, while based...
Will County Board Graphic.04

Executive Committee: Update to Land Resource Management Plan; Solar Farms and Rural Zoning Dominate Discussion

Will County Board Executive Committee Meeting | January 8, 2026 Article Summary: The Will County Executive Committee initiated the first major update to the county’s Land Resource Management Plan since...
Will County Logo Graphic

Will County Committee Adds Path to Citizenship Support to Federal Agenda

Will County Board Legislative Committee Meeting | January 6, 2026 Article Summary: The Will County Board Legislative Committee voted on Tuesday, January 6, 2026, to amend its federal legislative agenda...
Will County Board Graphic.03

Health Department Outlines Major Reduction in Consensus Vaccine Schedule

Will County Board Public Health & Safety Committee Meeting | January 7, 2026 Article Summary: Will County Health Department Executive Director Elizabeth Bilotta clarified changes to the childhood immunization schedule,...
Blue Devil Graphic Logo.2

Peotone Staves Off Herscher Comeback for 28-25 Victory

PEOTONE — In a gritty, defensive battle on January 8, the Peotone Blue Devils relied on a fast start and tenacious rebounding to hold off the Herscher Tigers, securing a narrow...
Will County Board Graphic.04

Public Works Committee Forwards Condemnation Proceedings for Francis and Marley Road Improvements

Will County Public Works & Transportation Committee Meeting | January 6, 2026 Article Summary: The committee authorized the Will County State’s Attorney’s Office to proceed with condemnation cases to acquire...
Will County Finance Logo

Finance Committee: Scholarship Tax Credit Discussion Halts

Will County Board Finance Committee Meeting | January 6, 2026 Article Summary: A heated procedural debate erupted at the Will County Board Finance Committee meeting when a member attempted to...
Newsom predicts smaller budget shortfall than state agency

Newsom predicts smaller budget shortfall than state agency

By Madeline ShannonThe Center Square In his proposed budget, California Gov. Gavin Newsom is predicting a shortfall of $2.9 billion. That's much less than the $18 billion shortfall projected by...
Colorado ordered to pay $5.4M after abortion law blocked

Colorado ordered to pay $5.4M after abortion law blocked

By Elyse ApelThe Center Square Colorado must pay back legal fees after it was sued for a law banning abortion pill reversals, a federal court ruled this week. The state...
norovirus

Will County Health Department Reports Rise in Respiratory Illnesses, Updates on Facility Issues

Will County Board Public Health & Safety Committee Meeting | January 7, 2026 Article Summary: At the January 7, 2026, meeting, Executive Director Elizabeth Bilotta reported a spike in respiratory...
Will County Board Graphic.01

Public Works Committee Delays Vote on State Police License Plate Cameras Amid Privacy Concerns

Will County Public Works & Transportation Committee Meeting | January 6, 2026 Article Summary: The Will County Board Public Works & Transportation Committee voted to postpone a decision on an...
Four Republicans certified for primary to take on Pritzker

Four Republicans certified for primary to take on Pritzker

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The Republican primary election for who will take on Gov. J.B. Pritzker in November is set. Democrats...
Illinois quick hits: State sues over frozen funds; Nicor Gas seeks rate hike

Illinois quick hits: State sues over frozen funds; Nicor Gas seeks rate hike

By Jim Talamonti | The Center SquareThe Center Square State sues over frozen funds Illinois is one of five states suing the Trump administration over a freeze of more than...