Community Corner

Patch Flash: State Seeks Owners of $1.5 Billion in Unclaimed Cash

Chicagoland news to talk about: Will County cuts polling places to save $200,000; Cook County deals with $315 million budget shortfall.

Sunday, according to the Algonquin Patch.

Fabian J. Torres, 24, has been charged with aggravated arson after allegedly throwing a bomb made out of a bottle filled with flammable liquid in the Algonquin Caputo's on Sunday afternoon, leaving one man injured. Torres told a shopper he threw the bomb because he was Native American and people ruined his land

Looking for some lost money? The The Unclaimed Property Division currently has $1.5 billion in cash, plus the contents from Illinois bank safety deposit boxes that have been abandoned for at least five years. In addition, a new state law now requires employers to turn over unclaimed paychecks to the treasurer’s office after the paychecks have been abandoned for one year. The law previously required paychecks to the treasurer’s office after five years.

Find out what's happening in Algonquin-Lake In The Hillswith free, real-time updates from Patch.

Will County has found a way to do deal with less revenue. and is hoping to  save $200,000. Having fewer election judges, field technicians and voting machines could save up to $200,000, Will County Clerk Nancy Schultz Voots said.

Meanwhile, , according to Winnetka-Glencoe Patch. Commissioner Gregg Goslin (R-Glenview)  sees the shortfall as an opportunity for growth by the board as an institution. He is not willing to make any department safe from the effects of the scalpel. “With two thirds of the budget going to the jail and the health care system, I expect the bulk of the cuts to come from there. We will look at everything,”  Goslin said.

Find out what's happening in Algonquin-Lake In The Hillswith free, real-time updates from Patch.

Area pastors are getting ready to remember 9/11. He is calling on people of all faiths to make time for a prayer for renewal and awakening this coming Sept. 11. "9/11 was a wakeup call," Guice said. "It's amazing to me that the two sites (the World Trade Center and the Pentagon) that were attacked were symbols of American pride, military and money. It reminds me that God is calling us to trust Him, not to be arrogant."  


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