BizWeek: Illinois to pay down unemployment debt; developer plans to save historic building

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BizWeek: Illinois to pay down unemployment debt; developer plans to save historic building
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The Biz Week That Was: Illinois leaders announced a plan to pay down unemployment debt. A developer has plans to save a historic building in St. Charles.

State to use budget surplus on debt In an effort to save businesses nearly a billion dollars in unemployment taxes, lawmakers on Tuesday announced a bipartisan plan to use the state's budget surplus to pay down the remaining $1.4 billion in unemployment debt taken on during the COVID-19 pandemic.

New entertainment venue planned Moonlight Theatre, at 7 S. 2nd Ave. in downtown St. Charles, plans to open in the coming weeks. The venue plans to offer theatrical productions, music and comedy acts at an affordable price. New restaurant scheduled to open The chef behind three celebrated suburban restaurants has revealed his next eatery should open in February: Chicago Ramen Wheeling, at 743 N. Milwaukee Ave.

St. Charles schools' tax levy rising Inflation and rising labor costs are two factors that are having an impact on St. Charles Unit District 303's proposed tax levy.

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