News

Special Sales Tax Paying Off

Special Sales Tax Paying Off

Photo: Newsradio WTAX

A special sales tax to pay off bonds for development on South MacArthur Boulevard seems to be paying off.

Springfield Economic Development Director Mike Farmer says interest from other retailers is helping to spur growth in the Legacy Pointe development.

“We are seeing an uptick in retail sales. We are a destination for people beyond our traditional borders. The best economy is a diverse economy so we strive to bring the fullest menu we can in terms of an economic base,” says Farmer

The money from the 1-percent tax is being used to pay off bonds that were issued for roads and sewers in the area. It’s reached $1 million in revenue since being established in 2011. Farmer says he still expects an outlet mall to announce its plans later this summer.

Recent Headlines

4 hours ago in Local

Another Day, Another Leaders’ Meeting

Illinois Gov. Bruce Rauner delivers his inauguration address Monday, Jan. 12, 2015, in Springfield, Ill., after being sworn in as Illinois' 42nd governor.

The four legislative leaders are now meeting daily with Gov. Bruce Rauner in his office.

5 hours ago in Local

House Re-Votes on Budget; Passes Again

Under the Capitol Dome

The mood was a little more tempered, but the votes remained the same.

7 hours ago in Local

U of I Goes Inside for “Branding”

illinois logo

A public relations firm hired to develop a branding plan for the University of Illinois' flagship campus has been replaced by a school committee.

7 hours ago in Local

CPS Chief Leads Capitol Rally

Chicago Public Schools

The head of Chicago Public Schools says the district has "reached the point of no return" and faces severe cuts without "equal" funding from the state.

8 hours ago in Local

Rauner Not Paying Much Attention to Wednesday’s Budget Vote

10-16-15 Rauner Langfelder 10th St Corridor

Outwardly, Gov. Bruce Rauner seems to be taking the state's most important matters in stride, a day after the Speaker of the House dissed his “working groups” and then engineered a budget vote controversial in many ways.