Chicago could land the new U.S. headquarters for Mars Wrigley Confectionery, but Newark, N.J. might have the sweeter offer after officials in that state approved more than $30 million in tax credits Tuesday. The candy company, a unit of privately held Mars, is considering both Illinois and New Jersey for its U.S. headquarters. Hundreds of jobs are at stake in the decision. If Mars Wrigley selects New Jersey, Chicago — already home to the company’s global headquarters and other operations — could lose some 200 jobs that would be shifted to Newark and another site in New Jersey, according to
Nucor Steel’s Bourbonnais site has been selected as the location for a $180 million expansion. In a release sent out by the Charlotte, N.C.-based company today, the expansion will take approximately two years to complete. The expansion will require an additional 75 workers once complete. Currently, the company employs 475.
IlliniCare, a private insurer that’s part of Gov. Bruce Rauner’s Medicaid managed care overhaul, is cutting reimbursement rates to medical suppliers by up to 50 percent.
The rate cut beginning on Jan. 1 impacts suppliers that provide durable medical equipment, such as wheelchairs, oxygen tanks and ventilators, to low-income residents on Medicaid.
A new study by the Volcker Alliance, a nonpartisan organization promoting education in public policy, attributes letter grades to five separate categories – “budget forecasting,” “legacy costs,” “budget maneuvers,” “reserve funds” and “transparency.” In each category, states received grades for fiscal years 2015, 2016 and 2017, as well as a three-year average grade.
Democratic U.S. Sen. Dick Durbin during a recent visit to McHenry County assailed the Republican-led tax reform proposals that are making their way through Congress. Durbin was in the right place with the wrong message.
McHenry County residents pay among the state’s highest property taxes. Fast-growing upscale subdivisions, school expansion projects, multiple layers of local government and slower commercial and industrial development sent tax levies soaring, starting about two decades ago.

Reform obviously needed, not higher taxes.

Buyers and sellers at the tip-top of the real estate market often do not make real estate decisions for the same practical reasons as people lower down the ladder. Nevertheless, Ames said, “what’s happening at that end is symptomatic of what’s happening across the board: hesitance about the real estate market because of the financial instability in the state.”
Chicago aldermen have been complaining for weeks about the dangerous precedent Mayor Rahm Emanuel is setting by assuming more financial responsibility for the CTA and Chicago Public Schools and giving those agencies a “blank check” without City Council control.
The Chicago Department of Planning and Development, or DPD, is evaluating a lucrative deal with Presence Health, Illinois’ largest Catholic health care network.
Local barber Bob Anderson has endured two attempts at intimidation since being elected to the McHenry Township Board on a platform of consolidation.

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