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CHICAGO (AP) - Gov. Pat Quinn says income tax revenue for 2013 will top forecasts by $1.3 billion. He says he'll put the money toward the billions the state owes in unpaid bills.

The governor's office said Tuesday the money was a one-time windfall resulting from businesses and individuals selling assets or taking early dividends in anticipation of higher federal tax rates.

Quinn says the money is welcome but a one-time bump in revenue will not help fix the problem in the long run.

Illinois owes billions to businesses, charities and local governments performing some of the state's most essential services. The problem adds to the state's huge financial mess, which includes a soaring public pension crisis.

Quinn said Tuesday the focus must be on "restoring Illinois to full fiscal responsibility."

 

Tuesday, 07 May 2013 13:17
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Cloudy skies and heavy rain over the past few weeks have delayed the strawberry harvest at Eckert's Orchards. The annual strawberry festival at the local orchard has been pushed back this season. Starting May 18th, customers will be able to purchase strawberries from the orchard. Customers can pick their own strawberries starting May 25. Last year, drought had a negative impact on the strawberry crop. This season's cold and wet weather is having a similar negative impact. 

Tuesday, 07 May 2013 12:33
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 Newsweek Magazine and the Daily Beast.com have come out with their yearly list of the best two-thousand public high schools in America. 

In Missouri, the top seven are all in St. Louis. 

Ladue High School leads the list of Missouri public high schools as the most effective in turning out college ready grads. Nationwide--it came in at number 166 in the list of 2000.

The results are based on several components including graduation rate, college acceptance, standardized testing , ACT and SAT scores and percentage of students enrolled in at least one advanced course. 

Clayton follows at second highest in Missouri  and number 170 nationwide--followed by Metro Academic and Classical High in the city, Lindbergh, LaFayette, Kirwood and Francis Howell. 

http://www.thedailybeast.com/newsweek/features/2013/americas-best-high-schools.html

Tuesday, 07 May 2013 11:51
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JEFFERSON CITY, Mo. (AP) - Missouri public schools and universities will be getting a funding increase under an agreement by legislative budget negotiators.

A group of House and Senate members decided Tuesday to provide a $25 million funding increase to public colleges and universities based on whether they have met performance criteria such as student graduation rates. That's less than the $34 million increase sought by Gov. Jay Nixon but more than the House had approved earlier this year.

The budget also includes $10 million for the University of Missouri medical school to expand a residency program at the Cox Health system in Springfield.

Public school districts would get a $66 million increase to their $3 billion of core funding - the same amount Nixon recommended.

Tuesday, 07 May 2013 11:29
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