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Northern Star

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Finance Director Cathy Haley presents changes made to the fiscal 2016 budget Monday at a City Council meeting. City Council approved the budget, which included a more than $500,000 surplus. 

City may increase property taxes

By Leah Nicolini | November 30, 2015

Property taxes may increase by almost $90 if City Council decides to approve a suggested annual property tax levy.The city uses the annual property tax levy to help finance the costs of providing certain pension benefits for all full-time city employees,...

NIU credit rating down

By Alexander Chettiath | October 29, 2015

NIU and three other Illinois universities saw a downgrade in their credit ratings on Monday because of their “high reliance on the State of Illinois for operating funding,” according to a report issued by Moody’s Investor Services.Moody’s is a...