The Chicago Public Schools said on Friday it will return $18 million in funding cuts to certain schools in a move that will increase the cash-strapped district’s lingering budget deficit to $129 million. High-poverty schools will receive $15 million of the previously cut money and $3 million will be returned to charter schools, according to the district.
Category: Illinois
Greater Decatur Chamber of Commerce Attributes Stores Closing to Increase in E-Commerce
WAND News reported early this week that MC Sports is filing for bankruptcy and will begin liquidating stores, including the store at Hickory Point Mall. According to the Greater Decatur Area Chamber of Commerce’s President, Mirinda Rothrock, more people are shopping on websites like Amazon instead of physically shopping.
Illinois lawmakers propose biotech tax credits
The legislation, introduced by Republican state Sen. Chapin Rose of Mahomet and Democratic state Sen. Andy Manar of Bunker Hill, would provide incentives to produce and sell new renewable products made from biomass and other renewable sources, the Herald & Review reported. “We have leading biotechnology companies, large and small, that are leading research and development efforts on these innovative products, and we have critical mass in infrastructure to produce and transport these renewables around the world,” Manar said.