Tuesday, September 24, 2013

Mulch Fire: Hearing set for October 3, 2013

Will the county receive any compensation or reimbursement of costs?

You also can follow the case by clicking on the link:  http://www.judici.com/courts/cases/case_history.jsp?court=IL004015J&ocl=IL004015J,2012CH319,IL004015JL2012CH319D1

The hearing date has been changed numerous times.

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Boone County’s Video Gaming Income for August

The county will receive $5,782.64

The following is taken from:  http://www.igb.illinois.gov/revreportsVG/VGStat201308.pdf

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10 Cities That May Not Make It Back From the Crash - Yahoo Finance—Rockford is 2nd worst

By Ilyce Glink | CBS MoneyWatch

You can sum up the U.S. real estate market this year in one word: recovery.
Across the nation as a whole, prices have grown by more than 10 percent, and double or even triple that rate in some regions. Some of the hardest-hit states -- California, Florida, Nevada -- are also growing the fastest. Even cities like Modesto, Calif., were real estate prices went off a cliff during the housing crisis are coming back. Although home prices in Modesto are down 49 percent from their pre-crash peak, they have grown 30 percent from this time last year.
But not every town and city is on the comeback trail. At the other end of the spectrum, there are places like Farmington, N.M. Home prices there plunged 20 percent from their peak during the meltdown and are up only 0.03 percent this year. At that rate, it would take centuries for the city's housing market to recover. The reality is that homeowners in the city may never recoup their losses.

And Farmington is in better shape than the communities around the country on this list, which have yet to show any signs of rebounding from the meltdown. Using data compiled for CBSNews.com by real estate analytics provider, we looked not only at cities where home prices have the farthest to go to climb back to their pre-bubble peak, but also where prices are still declining

1. Kankakee, Ill.
Growth needed to match peak: 39.2 percent
Growth this year: -3.5 percent

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Kankakee faces a similar problem as Rockford, Ill. The population is stagnant and its unemployment rate hasn't been below 10 percent since mid-2008. Even selling the city's many foreclosed properties is unlikely to boost home prices much. Unless the city sees a serious economic turnaround, it will be nearly impossible to recover that 39 percent drop in home values.

2. Rockford, Ill.
Growth needed to match peak: 31.5 percent
Growth this year: -3 percent

Residents of two cities in Illinois have the bleakest prospects of seeing home prices rebound. The state's high unemployment rate is the biggest factor restraining prices. At the peak of the recession, Rockford's jobless rate shot up to a whopping 20 percent unemployment rate, and it remains high at around 10 percent.

Read about the rest, click on following:: 10 Cities That May Not Make It Back From the Crash - Yahoo Finance

County to explore constructing new animal control building | Belvidere Daily Republican

Written by Bob Balgemann

The Boone County Board has voted unanimously to have its health and human services committee investigate construction of a new animal control building.

Board members agreed Wednesday night (Sept. 18) to direct the committee to come up with a plan, a location, cost estimate and funding source that likely will include public and private partners throughout the county.

This will be the second time since 2002 that the county has considered new quarters for the department.

Terrinoni said he thought increasing dog registration fees would be the best option for bringing in more revenue. He also suggested that the county and others “join together as a community to build this facility.”

District 1 board member Bill Pysson pressed for a decision, pointing out tens of thousands of dollars had been spent in the past to study the issue and nothing had been done. “If Mr. Walberg and his voting block don’t want a new building, that’s fine,” he said.

Read the entire article by clicking on the following:  County to explore constructing new animal control building | Belvidere Daily Republican

Kelm questions county board support for veterans group | Belvidere Daily Republican

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Written by Bob Balgemann

county initially provided the VAC with $25,000 in start-up funds and approved an additional $25,000 on Aug. 21. That money, and any other advances, must be repaid when property tax revenue becomes available next spring.

Kelm appeared before the county finance, taxation and salaries committee on Aug. 13 and presented a detailed report on how money had been spent so far. “(Committee member) Karl Johnson turned it (report) over without even looking at it and said, ‘I am not interested in the first $25,000 but I am interested in the second,’” the commission president said.

Read the entire article by clicking on the following:  Kelm questions county board support for veterans group | Belvidere Daily Republican