MetroSource News 03/12/2013
Senate Hearing On Unpaid Bills Today
(Springfield, IL) -- The senate is taking a look at the state's nine billion dollars worth of unpaid bills today. A committee is scheduled to hear from several groups about just how bad the problem is. Schools, hospitals, and even businesses across the state have been forced to operate without payment from the state. The 2011 income tax hike was supposed to pay the debt off but Comptroller Judy Baar Topinka says not a dime of the additional cash has gone toward the bills.
SEC Cites State For Misleading Investors
(Springfield, IL) -- The Securities and Exchange Commission says the state of Illinois violated federal securities law by misrepresenting the true financial health of the state's pension funds. The SEC says the state misled potential bond buyers between 2005 and 2009. The finding of fraud doesn't mean the state will have to pay any fines or penalties, but it does provide a warning to potential investors about the state's past practices. The SEC has also found that the state made improvements in its disclosures after 2009.
Schools Facing Sanctions After Intense Basketball Game
(Peoria, IL) -- Two Illinois schools are facing sanctions after a championship basketball game on Saturday. IHSA Director Marty Hickman says players and coaches at Harrisburg High and Seton Academy were out of control during the game. He says he threatened to cut the game short because the fouls and emotions were so intense. Harrisburg ended up winning the game. Seton Academy's coach walked off the court without shaking hands and he refused to accept the second place trophy.
Student Death Ruled Homicide
(Carlinville, IL) -- The death of a senior at Blackburn College in January is being called a homicide. The Macoupin County Coroner's Office says 24-year-old Josh Ramza had opium in his system when he died. The Romeoville native was found dead in his room back on January 19th. Police are still investigating the death and ask anyone with information to call local authorities.
Officials Warn Of Burglaries Targeting Elders
(Mount Vernon, IL) -- Thieves in Mount Vernon are going after senior citizens. Police say the thieves appear to be targeting older people who live alone. The thieves reportedly try to get information from the seniors by calling and posing as alarm salesmen. Then, they take that information and try to gain unforced access into the home. Police urge seniors not to give out their personal information and to keep their doors locked.
Video Gaming Prompts Boost In Liquor License Applications
(Rockford, IL) -- The city of Rockford has seen a jump in businesses seeking to sell drinks in order to qualify for video gaming machines. The city says places like packaged liquor stores and small storefronts are seeking licenses to sell drinks so they can cash in on the growing interest in video gaming. Rockford video machines took in five-point-four-million-dollars in January, earning 400-thousand-dollars that's divided among the vendors, the businesses, the city and the state.
Illinois Man Wins On Millionaire Show
(Machesney Park, IL) -- He may not be a millionaire but one Machesney Park man is 12-thousand 500 dollars richer. Tim Gomez appeared on the popular TV show, "Who Wants to be a Millionaire" yesterday. He answered six questions right before getting stumped on the official name of Christopher Columbus' ship called the Nina Gomez chose to walk away with half his cash as opposed to risking all but a grand.
Nicole Wilson/dlt IL) STL) MO) SCC)
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