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State News
4:23 pm
Tue August 20, 2013

State teacher pension system sees returns

Illinois' largest public pension system saw greater than expected returns, according to an early analysis of the last fiscal year's investments. IPR’s Amanda Vinicky reports: 


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Education
4:02 pm
Tue August 20, 2013

Bradley University freshman class grows six-percent from last year

Bradley University’s incoming freshman class is the largest the school has seen in the last two classes. It’s more than 60 students than last year’s freshman class. 

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State News
1:34 pm
Tue August 20, 2013

Potential impact of increased speed limit on rural interstates

Now that Illinois’s top speed limit is going up, questions remain on the potential impact. Governor Pat Quinn said the change would curb speeding and promote traffic safety when he signed the bill Monday raising the rural interstate speed limit to 70 miles per hour. But an official with the Illinois-based National Safety Council is not so sure. Illinois Public Radio’s Jim Meadows talked with Safety Council Vice President John Ulczycky.

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Peoria Public Radio News
12:50 pm
Tue August 20, 2013

Discussion on improving the regional economy

Peoria area representatives of education, big and small businesses, healthcare, and manufacturing came together to discuss how to improve the regional economy. 17th District Congresswoman Cheri Bustos is holding three such meetings across her district. She says the goal is to form a vision for economic success and come up with issues important for economic development.

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State News
7:27 am
Tue August 20, 2013

Conversation on pension reform

A panel of ten Illinois lawmakers has been working this summer to find a solution to Illinois' pension problem. With an unfunded liability of about 100-billion dollars, payments to the public pension systems are taking up a larger chunk of overall state government spending. Illinois Public Radio's Sean Crawford spoke with Representative Elaine Nekritz, a Northbrook Democrat and one of the leaders in the push to change how retirement systems are funded. Recent meetings of the committee have occurred in private, making it difficult to determine progress. But Nekritz says she's hopeful:

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State News
7:22 am
Tue August 20, 2013

Senate panel studying state education funding

Illinois ranks 50th among the states in the share of education funding that comes from state government. The formula used to distribute that money dates back to the '90s. But on Monday afternoon, a group of state senators began working on an update. IPR'S Brian Mackey has more.

State education officials spent nearly 30 minutes detailing the formulas Illinois uses to decide how much money the state will pay each school district. It's based on poverty rates, property values, student attendance, and a host of other factors.

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State News
7:13 am
Tue August 20, 2013

Value of farmland on the rise

Even though farm income saw a marginal increase between the second quarters of 2012 and 2013, there continued to be a rapid rise in the value of farmland, according to a new report from the Federal Reserve Bank of St. Louis which surveyed agricultural banks in parts of seven Midwestern states, including Missouri and Illinois. 

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State News
7:07 am
Tue August 20, 2013

Iowa study on raising the state's speed limit

Critics of the new speed limit say it will increase the level of accidents and fatalities on Illinois roads. One man who studied the impact of Iowa’s switch to a 70 mile-per-hour speed limit says that seems to be the case, but there are other factors involved.

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Peoria Public Radio News
8:44 pm
Mon August 19, 2013

Deciding on the future of Taft Homes

Credit Tanya Koonce / WCBU

The Peoria Housing Authority will consider the potential ways and means for the redevelopment of Taft Homes next month. 

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Business
7:55 pm
Mon August 19, 2013

Israeli Chamber of Commerce president visits Peoria

Israel wants to buy more products from the United States and fewer products from Europe.  That’s the message from members of the Israeli Chamber of Commerce during a stop at the Peoria chamber for a roundtable with local businesses.  Dan Carmely is with the Israeli Chamber.  He says Europe‘s gloomy economic outlook isn’t reliable enough:

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