Wednesday, Oct 1, 2014
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qfingers - Mayor Moore discusses Newcomb proposal - Quincy, IL News - QuincyJournal.com
It's not tax abatement...it's a tax refund which is a financing tool. And there's lots more than what is listed on your link It's a rather long section of 65 ILCS 5/11-74 http://www.ilga.gov/legislation/ilcs/ilcs4.asp?Ac...
Givemeliberty - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
The pill Hobart is wanting the city to take would be easier to swallow, if they were bringing American Family, AT&T, Motorola, or something like it to fill up this building with 300-400 Jobs. Sadly though projects like the one I just described or the Newcome Lofts will only come to this area with help from the City or County (not saying the city should give in to all of Hobarts demands) because the…
UrKidsWillPay - Mayor Moore discusses Newcomb proposal - Quincy, IL News - QuincyJournal.com
The TIF district does not include a Property Tax abatement. Those are features of the Enterprise Zone which this site is not a part of. Would like to know how we are going to force that one through against our rules.....not that I doubt they will do it. Take a look at the eligible TIF expenses and tell me where they are going to lie to us to classify 1.8 million of a 4 million project as TIF eligible.…
UrKidsWillPay - Quincy Police Blotter for September 30, 2014 - Quincy, IL News - QuincyJournal.com
Could be or it could be for a burnout. which could be defined as unsafe because you lack complete traction. Or it could be for accelerating too fast but not buring the tires and without going over the speed limit. or she could have exited a private drive like the bowling alley without properly yielding.
qfingers - Mayor Moore discusses Newcomb proposal - Quincy, IL News - QuincyJournal.com
Just remember that getting taxable property there doesn't bring in any extra $$ for the city. What it does is lower property taxes for the rest of us. Obviously more $$ back for more expensive properties (i.e. same % saved across the board). By the same token the TIF district raises our taxes until such time as the TIF expires. That's because some of the tax $$ are diverted to a special…

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ISU president getting nearly $500K parachute

ISU president getting nearly $500K parachute

6 months, 1 week ago by Ben Yount, Illinois Watchdog

The now former president of Illinois State University is getting paid to walk away from a job he may have been close to losing

 

NORMAL, Ill. — The now former president of Illinois State University is getting almost a half million dollars to walk away from a job he may have been close to losing.

Tim Flanagan abruptly resigned Saturday, pocketing a $480,000 payout and three months of rent-free living at ISU’s presidential mansion.

“You don’t want to get into an argument about the terms of resignation,” ISU trustee Michael McCuskey said.

McCusky wouldn’t say how close the university was to firing Flanagan for his role in an alleged assault on a university groundskeeper.

Flanagan has been under investigation since December when a groundskeeper at the school in Bloomington-Normal said the president started yelling, and bumped and spit on him because of dissatisfaction with yard work.

Illinois State University Police just ended its investigation into the matter, and has sent the case to local prosecutors. No decisions have been made.

ISU trustees were to meet Saturday to discuss “personnel matters,” but Flanagan resigned before any action was taken.

“I have decided it would be best that I pursue other opportunities,” Flanagan said in a statement the university released over the weekend.

McCuskey said ISU is now moving forward.

“The past is over,” McCusky said as he ducked specific questions about the circumstances of Flanagan’s resignation.

But it may not be over.

Illinois State University has been asking for years for more money, either from lawmakers or students, but that might be a tough request when lawmakers see a $480,000 payout to get someone to quit.

“The optics of this, both inside and outside of the statehouse, are going to be poor,” state Sen. Jason Barickman told Illinois Watchdog.

Barickman, whose district includes ISU, said all schools in the state are being told to tighten their belts and expect less money from the Capitol.

“I don’t think they’re going to get a rosy picture from Springfield,” Barickman added. “It’s going to be dire. It is just a question of how dire it is going to be.”

ISU has a budget that tops $400 million. Flanagan was supposed to appear before lawmakers last week to discuss the future of that budget, but he missed that chance to lobby lawmakers.

Barickman said he hopes for some “stability” from the school’s new president, Larry Dietz.


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