Donnie Davidson’s family has been producing bottled milk in Holden, Mo., since the 1930s. But the 63-year-old farmer decided to sell his herd of 50 milking cows in November after the roof on one of his barns collapsed from last winter’s snow.
Rebuilding the barn would have cost about $20,000. Then there were the costs of renovating a silo and paying for hired help since Davidson’s children won’t be taking over the business. It made financial sense to close the dairy, and grow crops and build a herd of beef cattle instead.
Illinois, like many states, suffered financially during the recession. But an economist says Illinois was in a weaker position to deal with the challenge.
David Merriman is with the University of Illinois' Institute of Government and Public Affairs. The Institute has developed what's called the Illinois Budget Policy Toolbox. Merriman says it will provide information on the state's finances and analysis of proposals that come up during an election year.
It is July 31st. I am standing in an airport far away from here. I turn around for the last time and see my parents and three sisters waving goodbye with tears running down their faces. I have not cried a single tear today. I think the tears are all gone. I cried enough yesterday. I am way too excited to cry anyway. Today it is finally going to happen. I have been waiting for this moment for almost two years. I believe that this year is going to be worth it.
Illinois Gov. Pat Quinn is ramping up his re-election campaign.
Quinn's campaign announced over the weekend the Chicago Democrat has hired Illinois native Bill Hyers to serve as chief strategist.
Hyers most recently managed Bill de Blasio's successful campaign for mayor of New York. In 2012 he managed President Barack Obama's Pennsylvania campaign operation. He was Midwest director for Obama in 2008.
Quinn is seeking his second full term. He faces a lesser-known opponent, anti-violence activist Tio Hardiman of Hillside, in the March 18 primary.
Illinois lawmakers are considering whether to crack down on universities giving a certain type of interest-free loan to faculty. Except it doesn’t seem to be happening in Illinois.
State Rep. Jack Franks, a Democrat from Marnego, says the legislation is meant to prevent universities from abusing their tax-exempt status.
“What we found was that tax-exempt universities were giving interest-free … loans, and also forgiving loans, for second homes for professors, at a time when students are taking on excessive debt," Franks says.
The days of record high corn prices are gone, at least for now, and they’re only going to continue their decline, according to projections released this week by the U.S. Department of Agriculture. (PDF)
You can pin part of the blame on the 2012 drought, when corn hit an all-time high of $8.31 per bushel. The dry conditions made corn a limited commodity.
Documents obtained by The Associated Press show Illinois Treasurer Dan Rutherford spent nearly $27,000 in taxpayer money on an investigation into allegations of political coercion and sexual harassment against him.
The Republican candidate for governor revealed the cost of the report under the Freedom of Information Act. But his lawyers have refused to disclose results of the investigation into the former employee's charges.
Edmund Michalowski claimed in a federal lawsuit Feb. 10 that Rutherford
City officials in Decatur say they are releasing large quantities of water out of Lake Decatur that could lead to flooding and other problems along the Sangamon River.
The city said in a news release Friday that water flowing down the river and snowmelt have led to high water in the lake. Lake Decatur sits on the eastern edge of the central Illinois town. The lake is fed by the Sangamon River. The river then flows out of the lake and eventually winds its way west toward Springfield.