City of Champaign News

Broeren Russo Construction, Inc. has scheduled a lane closure on Green Street for construction of the 112 E. Green Apartments. A portion of the westbound lane of Green Street between Second Street and First Street (adjacent to the property) will be closed from Monday, June 24, 2013 through Friday, November 1, 2013. The closure will…
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In order to complete a gas service connection, Ameren Illinois will close one westbound lane of Kirby Avenue between Rosewood Drive and Crescent Drive on Wednesday, June 19, 2013 between 7 a.m. and 6 p.m. Westbound traffic will be reduced to one lane in the area.  

On Sunday, June 16, 2013 the Fire Department responded to a residence in Southwest Champaign for a burn victim. The situation found should be a note of caution for everyone. A female resident was popping some popcorn in her microwave oven. She had placed the popcorn in a ceramic bowl along with a small amount…
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The Government Accounting Standards Board has issued new standards on pension finances. These standards must be followed for financial reports that use “generally accepted accounting principles” including the City’s year-end Comprehensive Annual Financial report, or CAFR. The standards affect both pension funds and “plan sponsors”, such as the City, who fund the pension costs. The…
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As communicated to Council in late February, the Federal budget sequester was expected to impact the City’s revenues. The Budget Control Act of 2011 required the Federal administration to sequester FY13 discretionary funds. This included making across-the-board cuts of $1.2 trillion in savings over a ten year period beginning in 2013.  The City anticipated a…
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The City of Champaign received a slight decrease in FY 2013/14 funding ($266,521) from the anticipated budget estimate of $273,901. The final and the estimate were reductions compared to the FY 2012/13 allocation of $298,367. The following information from HUD provides an explanation of the funding allocation. Champaign receives the HOME funds from the Urbana…
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