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In week in which two rating agencies lowered Illinois' bond rating during a state budget impasse, Moody's Investors Services says it will review the credit worthiness of seven state schools, including the University of Illinois, Eastern Illinois University, and Illinois State University.
Plans for building the Cronus Chemicals fertlizer plant in Tuscola have been put off until 2017. A spokesperson says the company is trying to finalize deals with contractors, and cost for setting up the facility on land once considered for the FutureGen project is now listed at $1.9 billion.
The Illinois Department of Transportation plans to spend about $2 billion on roads projects for the next fiscal year that starts July 1, if there's a budget. But, the lack of a deal could kill the construction season.
On The 21st: We spoke with writer Garrard Conley about his memoir, 'Boy Erased.' We also spoke about a soil testing startup that aims to fine-tune the way farmers apply fertilizers.
Thursday marked the last meeting of the Champaign Unit 4 Tier 2 Facilities Committee, which unanimously agreed that Central High School should remain on site and expand, rather than be torn down and rebuilt. The panel didn't endorse a specific financial package for a fall bond issue that would also include additions at Centennial High School, and work on as many as four other school district buildings.
