Monday, 10 March 2014 13:33
SPRINGFIELD, Ill. (AP) - A study contends that Illinois wears a "scarlet letter" when it borrows money - which has cost at least $80 million over a five-year period.
The review by the University of Illinois Institute of Government and Public Affairs estimated the state's "risk premium" in selling bonds to raise money. This cost is on top of additional interest charges paid because of Illinois' worst-in-the-nation credit rating.
The study found that on bonds sold from 2005 to 2010, bond-buyers demanded the premium based only on the state's fiscal reputation. It notes the Prairie State's credit rating has fallen further since 2010.
Authors of the study collected data on all state general obligation bonds sold during the period and calculated interest charges above the extra paid based on credit rating.
Friday, 07 March 2014 11:48
SPRINGFIELD, Ill. (AP) - A lawsuit challenging Illinois' caps on political donations is unlikely to be resolved before the 2014 elections.
That means limits put in place after Gov. Rod Blagojevich's impeachment will probably remain in place for the rest of this election season.
The Springfield bureau of Lee Enterprises newspapers reports that a federal judge this week dismissed most of the challenges brought by the Liberty Justice Center.
The judge kept one element of it alive for debate, but an attorney for the Chicago-based group says it will take months to play out.
As a result, attorney Jacob Huebert says it's unlikely it will be settled by November.
The group argues the donation limits in the 2009 law are unconstitutional because contributions from legislative leaders are not capped in general elections.
Thursday, 06 March 2014 15:23
SPRINGFIELD, Ill. (AP) - Illinois' public universities are warning of serious perils if the state's temporary income tax increase is allowed to expire as scheduled in January.
Southern Illinois University President Glenn Poshard says institutions of higher education are anticipating a 30 percent decrease in funding next year because of an expected $1.5 billion reduction in state revenues.
Poshard told a Senate appropriations committee Thursday that budget cuts would mean larger class sizes, having more classes taught by adjunct professors instead of tenured faculty and an increase in tuition.
Western Illinois University President Jack Thomas says the state's backlog of bills has already created budget headaches for his institution.
Both presidents say increasing the state's minimum wage as Gov. Pat Quinn wants could heighten budget problems, requiring millions more to pay their student workforces.
Thursday, 06 March 2014 12:55
SPRINGFIELD, Ill. (AP) - A new report shows fewer Illinois children are without health insurance, but the number of cases of child abuse is climbing.
The annual report released Thursday comes from a non-partisan organization advocating for policies concerning children called Voices For Illinois Children.
The report shows the percentage of children without health insurance fell from 6 percent to 3 percent since 2008. It also found Illinois has "significantly narrowed" racial and ethnic disparities in children's health insurance coverage.
But cases of child abuse and neglect have risen 13 percent since 2006. Some of the largest increases were in DuPage, Kane, Macon, Vermillion and Will counties.
Wednesday, 05 March 2014 14:22
CHICAGO (AP) - Some county clerks say they won't rush to issue marriage licenses to same-sex couples just because Illinois Attorney General Lisa Madigan told them they can.
The state's new gay marriage law takes effect June 1. But Madigan said this week that licenses can be issued now.
About a dozen clerks tell The Associated Press they are waiting. They say they don't want to open themselves up to lawsuits and want to protect the couples from legal challenges.
Macon County Clerk Stephen Bean says he hopes to start issuing licenses as early as Friday. But he says he will tell the couples they could face legal challenges to their marriages.
Clerks in Cook and Champaign counties have decided to go ahead after a court ruled Cook County could do so.
Tuesday, 04 March 2014 13:57
CHICAGO (AP) - Parts of Illinois reported a slow start to early voting, but Cook County's suburbs saw an uptick.
Cook County Clerk David Orr's office said Tuesday that 2,354 people cast ballots Monday, the start of early voting for March 18's primary. In 2010's primary, nearly 1,300 suburbanites cast first day ballots. In 2012, it was roughly 2,100.
Orr's office covers over 120 municipalities excluding Chicago. The region has previously reported a higher turnout than Illinois' average.
About 8 percent of Illinois voters cast early ballots in 2010 and 2012 primaries. In suburban Cook, 9.5 percent voted early in 2010. More than 11 percent did in 2012.
Orr's office says availability of suburban early voting sites might explain the turnout. There are 43. Chicago has 51.
Early voting ends March 15.
Tuesday, 04 March 2014 13:53
CHICAGO (AP) - Republican candidate for Illinois governor Kirk Dillard says he plans to "campaign like crazy" in the final weeks before the March 18 primary.
The state senator from Hinsdale spoke during a news conference Tuesday where he also discussed his plan to improve Illinois' economy.
The proposal includes capping state spending at this year's levels "for the foreseeable future," reducing the state's debt and repealing burdensome business regulations.
Dillard faces state Sen. Bill Brady, businessman Bruce Rauner (ROW'-nur) and state Treasurer Dan Rutherford for the GOP nomination.
Dillard says he plans to focus on his economic plan and improving Illinois schools during the campaign's final days. His campaign also launched statewide cable TV ads on Tuesday.
The candidates are scheduled to debate Tuesday and Wednesday in Chicago.
Tuesday, 04 March 2014 12:59
ST. LOUIS (AP) - Phil Allen and other Illinois gun enthusiasts eager for the right to publicly carry concealed handguns are celebrating as their long-awaited permits showing arrive in their mailboxes.
As a licensed concealed-carry instructor in Mascoutah east of St. Louis, Allen says receiving his permit Monday made him "ready to do a happy dance."
Allen's permit is among the first batch of roughly 5,000 that Illinois State Police are mailing under the state law passed last year. Illinois is the last state in the nation to allow the practice.
The agency says about 46,000 applications have been received so far.
While cheering the milestone of the mailings, Democratic State Rep. Brandon Phelps from Harrisburg says there's room for relaxing where concealed handguns may be carried.
Monday, 03 March 2014 07:16
CHICAGO (AP) - A new report says electricity deregulation has saved Illinois customers up to $37 billion over the past 16 years.
The report being released Monday by four business groups says the average household has paid $3,600 less overall than if the average annual electricity rates had stayed the same.
Deregulation kicked in in 1998, allowing Illinois utilities to compete for business on the open market rather than being regulated monopolies whose rates were set. The utilities before deregulation both supplied and delivered electricity to customers, who had no other choices.
The legislature also restructured the natural gas market.
The report was issued by the Illinois Manufacturers' Association, Illinois Retail Merchants Association, Illinois Chamber of Commerce and the Illinois Business Roundtable.
Electric rates have risen recently as utilities make "smart grid" improvements.
Monday, 03 March 2014 06:16
SPRINGFIELD, Ill. (AP) - Illinois officials say the state's backlog of unpaid bills is decreasing.
The Springfield State Journal-Register reports the backlog is expected to fall to $5.6 billion by June 30, which is the end of the current fiscal year. That's down from a high of $9.9 billion in 2010.
The figures came from a letter acting budget director Jerome Stermer wrote to legislative leaders, adding that the unpaid tab was $6.4 billion in December.
The newspaper's story is part of GateHouse newspapers' series on Illinois' backlog of unpaid bills.
Lawmakers from both parties say the state has made progress, but say there's still more work to be done.