News

Four Sangamon and Logan County marijuana businesses received a total of nearly $2 million in direct forgivable loans last month from the Illinois Department of Commerce and Economic Opportunity as part of the Cannabis Social Equity Loan Program. Two craft grow businesses received $750,000 each in forgivable loans – Lincoln Labs and Rt. 66 Rec. […]

A proposed 1,730-acre solar development south of New Berlin is drawing growing opposition from residents, local officials and business owners who fear the project could permanently alter the rural character of western Sangamon County, even as developers argue the project could provide clean energy, stable tax revenue and economic diversification for farmers.  The project, which […]

The only revenue Springfield city government might forfeit to help pay for the proposed BOS Center expansion and new hotel next door would be the city’s share of hotel taxes on room rates at the site and part of the expected increase in city sales taxes. Those were guarantees that Sangamon County Board Chair Andy […]

The Illinois General Assembly continues to debate what to do about data centers as the artificial intelligence business keeps booming, and communities complain about their energy bills, noise and environmental impacts. Data centers are warehouse-like buildings that house computer servers and other infrastructure that power the internet, cloud storage and more, but massive data centers […]

Regardless of whether estimated new property taxes are accurate, Hut 8 Corp. would guarantee Logan County schools and local governments $65 million a year in annual payments if the company’s proposed data center becomes a reality. Gregory Irwin, senior vice president of energy origination and asset management for the Florida-based company, made that pledge April […]

Since the first term of Dwight D. Eisenhower’s presidency, one organization – the American Business Club of Springfield – has volunteered to serve beer and other concessions at the Illinois State Fair, with their share of money earned funding grants to dozens of local charities. For the first time since 1954, ABC will no longer […]

Logan County officials could take action in May to change local zoning requirements to both accommodate developers of large-scale data centers and protect the public. The Logan County Zoning Board of Appeals is scheduled to meet at 7:30 p.m. May 8 at Oasis Senior Center at 2810 Woodlawn Road in Lincoln to consider nonbinding recommendations […]

“Credit cards may not work for sales tax or tips starting July 1.” By now, you’ve heard that claim, but whether it’s true depends on who you ask. The ads — funded by the Electronic Payments Coalition of banks, credit unions and card companies — argue that Illinois lawmakers must repeal the state’s first-in-the-nation Interchange […]

Sangamon County Board members voted 17-10 to approve a $500 million data center project on April 7, just weeks after the board tabled the proposal following hours of constituents’ complaints. Once again, the meeting was moved to the BOS center with hundreds of residents turning out, many holding signs or speaking in opposition to the […]