By a 6-0 vote the DeKalb City Council gave their constituents a formal debt policy that included a $2.5 million line of credit. Neither existed before the meeting took place. Both policies were strongly recommended by the EPI report. There seemed to be consensus agreement among members of the city council and finance advisory committee meeting.
I support using a line of credit versus using Bond Anticipation Note financing for operations. The primary reason the EPI report made such recommendations was to stop the City’s propensity to rob Peter to pay Paul. Any Home Rule community member in their right mind [...]

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Observations and comments about state government by State Representative Robert W. Pritchard.
District Office 815-748-3494 or E-Mail to bob@pritchardstaterep.com
February 8, 2010
I hope you had a super weekend and a chance to think about something other than the election.  The news has been focused on the Governor and Lt. Governor elections for so long you may have missed a lot of news which also has an effect on local citizens and on our state.  A few of those topics follow.
The House of Representatives met last week but we might as well have stayed home and taken down campaign signs.  Little was accomplished [...]

A lot can change from one year to the next. Let’s take Six Month Financial Reports for example:
DeKalb City Council Meeting Minutes
January 26, 2009
Mr. Espiritu presented the second quarterly report to Council. Changes that have been made to reduce expenditures include not filling sixteen positions and reorganizing the Community Development and Public Works Departments.
Mr. Espiritu discussed revenues including those from the gas tax and sales tax. He advised staff projects a $1 million surplus mainly due to the personnel vacancies. He added the third quarterly report will show sales taxes from November through January, and the City is in a [...]

Take a look at this High Speed Rail Test up to 570 km/hr. Be sure to get to the end when the train is actually going that fast. Sounds like an airplane!

Stinging from attack ads from the Hynes campaign Gov. Pat Quinn made a whirlwind tour throughout the state with checkbook in hand. The account on which the checks were written is overdrawn but what the heck this is Illinois government.
Days after officials found out their routes would not receive funding as part of $8 billion in passenger-rail grants through the federal stimulus package Gov. Quinn told an audience in Rockford that $60 million in state capital funds will be used on a new Amtrak route between Chicago and Dubuque, Iowa. He also told a packed room at Moline Centre Station [...]