Morning business briefing: Strawberry season delayed

News-DemocratMay 7, 2013 

The folks from Eckerts say their strawberry season is being delayed because of the cold and rainy spring. According to the orchard's Facebook page, Eckerts anticipates having homegrown strawberries available for purchase by May 18 and hopes to open pick-your-own strawberries a week later. ...

Today, Gov. Pat Quinn has announced a surplus in the state's budget. Reports out of Springfield this morning indicate that fiscal year 2013 income tax revenues will exceed the Illinois Department of Revenue's forecast by approximately $1.3 billion. This one-time revenue stream is generated from businesses and individuals selling assets or receiving early dividends, bonuses or other income in anticipation of higher federal tax rates for tax year 2013, according to WGBZ radio in Alton. The additional revenue will be used to pay down the state's backlog of bills. ...

The price of gas in Illinois has been rising, reports the AAA Fuel Gauge Report. The statewide average is $3.95 -- up 15 cents over the last month. The price was sitting at $3.89 a gallon at most stations Tuesday morning in the metro-east. ...

Charter Communications has reported a $42 million loss in the first quarter, the St. Louis Business Journal reports. Charter Communications Inc. reported a net loss for the first quarter, which ended March 31, which is less than the $94 million net loss reported during the same quarter last year. The St. Louis-based company also reported first-quarter revenue increased by almost 5 percent to $1.92 billion.

The Swansea Village Board on Wednesday will discuss a resolution calling to merge the village's Chamber of Commerce with the now-defunct Fairview Heights Chamber. The Fairview Heights Chamber dissolved last month. However, If you call the Fairview Heights Chamber's number (397-3127), you are directed to call the number for the Swansea Chamber (233-3938).

Thanks for waking up with us this morning. Come back again tomorrow morning for more business news as we plan to make this a regular feature online.

-- Will Buss, BND business writer

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