Data shows more Ill. residents live in poverty | Daily Chronicle

state’s poverty rate was 10.7 percent in 2000 and jumped to 12.2 percent last year….

That translates into about 1.5 million Illinois residents living below the poverty line, a set of federal measures that means a family of four would live on $21,200 or less.

About 240,000 more Illinoisans lived in poverty in 2008 compared with 2000

“In DeKalb County, we’ve seen an almost doubling of families living below the poverty line

The median household income in Illinois dropped from $60,203 in 2000 to $56,235 in 2008. The drops in income were particularly steep in several northern Illinois counties, DuPage, Kane and Winnebago. For instance, in DuPage County, the median income has declined $10,690 since 2000, from $87,723 to $77,033.

“This data really reflects only a small portion of the recession and we know that the economy got a lot worse since the data was collected,”

Data shows more Ill. residents live in poverty | Daily Chronicle

Kane Co. Clerk eviction threat extended :: Beacon News :: Local News

a letter sent to county officials, Rockward Associates restates that the county owes around $80,000 in unpaid and future rent.

"If the County of Kane has not vacated the premises by December 31, 2009, the owner will seek the assistance of the court," the letter states.

The county is in the process of taking the property through an eminent domain lawsuit that is ongoing in court

Kane Co. Clerk eviction threat extended :: Beacon News :: Local News

Fed’s deadline approaches for AMCORE - - BusinessRockford.com

 

Christopher McGratty, a banking analyst who covers AMCORE for Keefe, Bruyette & Woods of New York, said the fact that AMCORE has not been released from the order means it hasn’t been able to raise capital. He had estimated in June that AMCORE would need to raise $150 million to make regulators happy.

Fed’s deadline approaches for AMCORE - - BusinessRockford.com

Return ends Ill. Guard mission

Although the Illinois brigade lost 18 members, the unit it replaced – a New York brigade – lost eight in its nine-month deployment.

According to the guard, Illinois soldiers received 100 Purple Hearts and 130 Bronze Stars. Among other things, they helped build 15 schools and a dozen clinics and delivered 2.7 million pounds of humanitarian aid. They’re being replaced by a Georgia Guard unit.

Click on the following for more details:  Northwest Herald | Return ends Ill. Guard mission