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Quick Hits: Illinois News In Brief For Feb. 26, 2021

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Despite his budget proposal touting a $120 million expected surplus, Gov. J.B. Pritzker said that Illinois still needs billions of dollars in COVID-19 relief from federal taxpayers. (Shutterstock)
IFA to provide loans for natural gas costs
The Illinois Finance Authority approved low-interest loans for municipalities hit with high gas prices during recent frigid weather.
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In an emergency meeting Thursday, the IFA heard village leaders from around central Illinois saying their natural gas bills jumped exponentially.
The loans will have an interest rate of one percent.
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S&P calls Pritzker s budget small step forward
Credit rating agency S&P Global Ratings says Illinois Gov. J.B. Pritzker s proposed budget could be a small step toward toward better finances. ....

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Quick hits: Illinois news in brief for Friday, Feb. 26, 2021

IFA to provide loans for natural gas costs
The Illinois Finance Authority approved low-interest loans for municipalities hit with high gas prices during recent frigid weather.
In an emergency meeting Thursday, the IFA heard village leaders from around central Illinois saying their natural gas bills jumped exponentially.
The loans will have an interest rate of one percent.
S&P calls Pritzker s budget small step forward
Credit rating agency S&P Global Ratings says Illinois Gov. J.B. Pritzker’s proposed budget could be a “small step toward” toward better finances.
But, the agency said the proposal does not structurally balance the budget “due to the treatment of pension obligations.” ....

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Illinois Republicans Name Don Tracy As New Chairman

Photo submitted by Illinois Republican Party
The Illinois Republican Party Central Committee has named Springfield attorney Don Tracy as its new chairman, replacing Tim Schneider, who had held the post for more than six years.
Tracy, a partner in the law firm Brown Hay and Stephens, also served as chairman of the Illinois Gaming Board during former Gov. Bruce Rauner’s administration.
“I ran for this position because I love Illinois it’s my home and I believe the ILGOP can be a tremendous catalyst for change in this state,” Tracy said in a statement after the election. “The upcoming election cycle can be monumental if we seize on the tremendous opportunities before us.” ....

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