Day: April 10, 2024

Column: March another good revenue month for Illinois – Champaign News-Gazette

Jim Dey: “The (Commission on Government Forecasting and Accountability) reported, however, that the increase in personal-income-tax revenue is not as good as it sounds, nor is the decline in corporate-income-tax revenue as bad as it sounds. That’s because of accounting changes called ‘true-up’ adjustments affecting both categories that will continue until June.”

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CTA Says Red Line Extension a ‘Top Priority’ for Biden Administration, on Track to Begin Construction Next Year – WTTW (Chicago)

A southbound CTA Red Line train is pictured in a file photo. (WTTW News)With ridership still down from pre-pandemic levels, the CTA has been relying on federal COVID-19 relief funds to make up for the drop in passenger revenue; so far, the CTA has used about 55 percent of that relief cash. Officials previously estimated a budget gap of as much as $700 million if passenger revenue doesn’t bounce back before the relief money runs out.

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Pritzker defends IL’s tax credits while MO looks to slash corporate rate – Center Square

While Illinois looks at tax credits for gifting endowments, student loans, hiring journalists and music companies, Missouri is looking at phasing out not just tax credits but also their corporate income tax. Not among the slew of tax credits the Illinois Senate is reviewing is the Invest in Kids school choice scholarship tax credit, which expired at the end of 2023.

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Krishnamoorthi: ‘We need an immediate, sustained cease-fire’ – Daily Herald*

U.S. Rep. Raja Krishnamoorthi said the road to a cease-fire includes American pressure on Israel, which the representative said is already happening through the enforcement of arms transfer conditions that require credible assurances the arms would be used in accordance with international law, and that humanitarian assistance be allowed to flow in greater quantities.

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The Inside Story on a Billion-Dollar Chemical Company’s Fight to Keep its Secrets From the Public – Illinois Answers Project

The responses underscore the lack of visible and clear public access to the Koppers meetings with elected officials and employees of the Village of Stickney, and is a clear departure from the spirit of the Illinois Freedom of Information Act and the Open Meetings Act, whose purpose is to promote “free and open communication between government and citizens,” experts say.

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NPR defends its journalism after senior editor says it has lost the public’s trust – WBEZ (Chicago)

Under former CEO John Lansing, NPR made increasing diversity, both of its staff and its audience, its “North Star” mission. Senior Editor Uri Berliner says in the essay that NPR failed to consider broader diversity of viewpoint, noting, “In D.C., where NPR is headquartered and many of us live, I found 87 registered Democrats working in editorial positions and zero Republicans.”

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Opinion: We need to give people a reason to linger in the Loop – Crain’s*

Michael Edwards, president and CEO of Chicago Loop Alliance: “Major events, theater and cultural institutions currently drive the Loop economy. However, imagine the vitality of the district if we had a more innovative retail mix, dynamic on-street experiences and a vibrant neighborhood of goods and services. Your turn: How will you bet big on the Loop?”

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