Home > Review Magazine Issues > 2015 Review Magazine >Review Magazine - October 2015
- Editor's Desk
- Director's Comments
- Advocacy Update: the IML Legislative Agenda Development Process
This article includes information about the IML’s overall Legislative and Policy Committee structure, committee membership, and the timetable for development of the 2016 IML Legislative Agenda.
- News from Illinois' State Agencies: Illinois Emergency Management Agency
Disaster strikes with no warning. Are you ready?
- Disaster Recovery Costs
How to navigate FEMA procedures to collect recovery costs.
- IMLRMA Today: Our Friend, the Fire Extinguisher
If there is a fire and you have the opportunity to extinguish it using a fire extinguisher, would you know which type to use and how to use it? This article will familiarize you with the various types of fire extinguishers and the situations in which they can be used.
- Drones: Coming Soon to Your Municipal Air-Space
Drones are not new. In various places around the world, drones have been in use for several years. They are being used to deliver packages, spray fertilizer and pesticides on crops, take images of real estate properties, for mapping purposes, searches, mining, law enforcement, and much more. If you have not seen them in your municipality, you soon will.
- Changes to Wage Payment and Collection Act
The Illinois Wage Payment and Collection Act (“IWPCA”) governs when, where, how, and how often employers must pay wages, including bonuses, vacation, and final compensation. New regulations went into effect in August of 2014 without a press release or announcement about how the major changes will impact Illinois employers.
- The Importance of Revenue Forecasting Techniques
Increased economic uncertainty, the recent devastating recession, and growth in spending that more often than not exceeds growth in revenue, speak to the increased importance of forecasting and monitoring. Municipalities should review revenue estimating methodologies, estimate evaluation and integration into the process. In addition, the need for regular monitoring and understanding of deviations in monthly estimates from actual receipts is critical.
- Awards and Grants
- Park Forest Awarded National Certification for Sustainable Leadership
Park Forest becomes the 2nd municipality in Illinois to receive a STAR Community Rating.
- Location, Location, Connectivity
Regional economic development needs to be re-focused. There is a definite trend in development of Intelligent Industrial Parks and Intelligent Business Campuses having a specific theme which provides a commonality of capabilities to the tenants as well as creating a synergistic environment. The branding of a facility to reflect a distinctive value proposition and amenity mix to the prospective tenant is crucial to help distinguish them from other comparable real estate choices.