Perry Countyland swap could ease cash flow and create jobs
Perry County officials expect a land cash swap with the Illinois Department of Natural Resources Arch Minerals and Midwest Transit to yield 650000 in county cash plus 100000 for fixed assets and potentially 60 to 70 jobs. The plan hinges on Arch selling 16000 acres for Pyramid Park and involves a 10 year lease and shared profits from subleases with Midwest Railcar. The arrangement aims to improve finances amid debt limits and payroll pressures while boosting tax rolls for county districts.
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Unity Point OKs budget with slight surplus forecast
Unity Point Elementary School District 140 board approved a 5.9 million dollar budget predicting a 65 dollar surplus for next year. Superintendent James Ludwick said conservative budgeting aims for about 50 thousand dollars in surplus, and the board heard from curriculum director Mary Jo Diamond on strong Illinois Standards Achievement Test results. Diamond noted good scores and said state report cards will be released by November 1, with detailed scores to follow. She warned that high scores can reduce grant chances due to bonus points given to lower scoring districts.
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