Illinois agencies advised to prepare for budget cuts in 2020
SPRINGFIELD, Ill. (AP) – Illinois’ budget office has issued a memo warning agency heads they should be prepared to make significant cuts to next year’s budgets.
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The Latest: Rauner will ‘step-down’ tax hike to close gap
SPRINGFIELD, Ill. (AP) — The Latest on Illinois‘ monthly fiscal report (all times local):
Illinois governor to borrow up to $6B to pay off late bills
SPRINGFIELD, Ill. (AP) — Gov. Bruce Rauner says his administration will borrow money at a lower interest rate to pay off some of the state’s overdue bills.
Moffitt ‘optimistic’ for full budget as legislators remain far apart
State lawmakers were back in Springfield today to begin a six day veto session and to resume discussions about the now 16-month budget impasse that persists in Illinois.
Carl Sandburg College budgets for 61 percent reduction in state aid
To account for the ongoing state budget impasse that has reduced the stream of state aid to a trickle, the president of Carl Sandburg College says she challenged the school’s CFO Lisa Blake to put together a