The Crystal Lake Park District could have asked voters for permission to borrow $3.5 million to pay for these purposes: 2 playground replacements 1 dump truck 1 pickup truck with plow Lippold synthetic turf replacement Lippold flood relief projects Several … Continue reading
Category Archives: Borrow
$6 billion debt will be issued for unpaid bills, according to Senate Bill 2218. Unpaid bills are now about $14 million. To entice lenders, part of the individual income tax collections will be deposited in a fund to pay back … Continue reading
I’m not aware of any intention of the McHenry County Conservation District to borrow any more money if it doesn’t get new permission to issue non-referendum debt through state legislation. Certainly, such an attempt was made this year, but, after … Continue reading
“This plan is nothing more than paying a credit card with another credit card,” observes State Sen. Dan Duffy in a criticism today in Springfield of Pat Quinn’s proposal to borrow over $8 billion. “The governor is addicted to borrowing, … Continue reading