Local

The Mahomet Daily provides government, school, fire protection and library news for Mahomet-Seymour readers.

Local

S&P upgrades Illinois bond rating

By PETER HANCOCKCapitol News Illinoisphancock@capitolnewsillinois.com SPRINGFIELD – The credit rating agency S&P Global Ratings upgraded Illinois’ bond rating on Thursday, citing the state’s improved financial condition.  It’s the second upgrade from a major credit rating agency to move the state away from the brink of “junk” status. “The upgrade reflects […]

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Unprecedented unemployment deficit threatens to ‘cripple’ businesses, claimants

By JERRY NOWICKICapitol News Illinoisjnowicki@capitolnewsillinois.com SPRINGFIELD – Since economic shutdowns began and COVID-19 death counts started to rise in March 2020, national unemployment rates have hovered at historically high numbers, stressing state unemployment systems left dealing with an unprecedented number of claims. In Illinois, that’s led to a deficit in […]

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State revenues surged in previous fiscal year

By PETER HANCOCKCapitol News Illinoisphancock@capitolnewsillinois.com SPRINGFIELD – Revenues flowing into state coffers surged in the fiscal year that ended June 30, spurred largely by an influx of federal funds, the delayed deadline for filing income tax returns last year and an economic recovery that boosted income and sales tax collections […]

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Commentary: Happy America Day

By Zainab Susi Happy America Day!  The 4th of July is America’s Independence Day. A special day to celebrate where we see lots of flags hanging, shopping malls full of red white and blue clothing, and fireworks being set off at all hours of the day. Since it’s a national […]