Senator Schimpf addresses Sparta water/sewer bond payments
City to see payments in FY 2019
SPRINGFIELD – Senator Paul Schimpf (R-Waterloo) voted yes on the budget that was signed into law on June 4. As part of his, “yes” vote, Senator Schimpf was voting in favor of one of his “8 for ‘18” agenda items—that payments be made to the City of Sparta for water and sewer bond payments. The Fiscal Year 2019 budget plan calls for making due on those payments.
“Sparta is a step closer to seeing water and sewer bond payments that have been owed dating back to 2017,” said Schimpf. “This is a good faith step forward by the state, to do what’s right and follow through on the commitments it’s made.”
Payments were missed last year for the first time in 11 years. This coming fiscal year, the city should see around $423,440 for payments owed in 2019. The payments started in 2007, and to date, the state has a remaining debt of roughly $3.6 million that will be re-appropriated every year for the remaining six-year term, so long as it is appropriated in the budget every year.
About Senate District 58
The 58th Senate District includes all or parts of Jackson, Jefferson, Perry, Randolph, Monroe, St. Clair, Washington, and Union Counties and represents more than 220,000 Illinois citizens. Discover more at senatorschimpf.com and find him on Facebook @senatorschimpf.