TSPR Local

Credit Rating Lowered
6:05 pm
Fri January 11, 2013

Illinois Takes Another Financial Hit

Credit Rich Egger

All three major credit rating agencies have labeled Illinois' financial outlook as "negative."

Fitch Ratings is the latest to do so. The agency blames lawmakers for failing to  pass a pension overhaul before adjourning Tuesday.

Lower ratings could force Illinois to pay higher interest when it takes out credit for stuff such as infrastructure projects.

House Republican Leader Tom Cross said that's money Illinois doesn't have.  He  called the downgrade "embarrassing." 

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Vote Only to Show Intent
10:41 pm
Thu January 10, 2013

FM School District Accepting Bids

The former Fort Madison Middle School is on the market for $99,500.

The head of the Fort Madison School District says the sale of the district’s former middle school is not the done deal some believe it to be.

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Dry Soil Contributing
10:17 pm
Thu January 10, 2013

Cities Experiencing Water Main Breaks

Cities throughout the Tri-State region are seeing an increase in broken water lines.

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Makes Initial Offer to College
11:20 pm
Wed January 9, 2013

SCC Faculty Seeking Raises

The faculty at Southeastern Community College is seeking a pay increase and several language changes in its next contract.

The initial offer from the SCC Higher Education Association for the 2013/2014 school year calls for a 6.85% increase in salaries and benefits.

The increase would be calculated after state money set aside for improving teacher salaries is added to current salaries and benefits.

The HEA also wants education levels to be considered during lay-off recalls and the option to carry over unused leave time or be reimbursed for it.

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Bond Issue Revised
6:14 pm
Wed January 9, 2013

Illini West to Try Referendum Again

Superintendent Kim Schilson
Credit Jason Parrott

The Illini West High School District is not giving up on the idea of building a new high school.

The Board of Education agreed to put an $8 million bond issue on the April ballot. Voters rejected a $9 million issue in November 2012, so Superintendent Kim Schilson said the board decided to pare back the request.

“One of the things we were trying to look at was trying to reduce the cost, lower the tax rate on the bond, and hopefully that will help with getting the vote through,” Schilson said.

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