Tag: budget

JB Pritzker

Illinois faces a $3 billion shortfall in 2026, a new report shows

If the projections hold true, Democratic Gov. JB Pritzker could face difficult financial decisions, from increasing taxes to cutting spending.   The relative financial calm that has marked Illinois Gov. JB Pritzker’s six years in office may soon be coming to a close as his administration Friday forecast a more than $3 billion budget shortfall for the

Champaign City Council Backs Voluntary Staff Cuts To Address Revenue Losses

CHAMPAIGN — With city revenues down due to the COVID-19 outbreak, the Champaign City Council Tuesday night endorsed the idea of cutting spending by cutting city staff. They want to do this by offering buyouts to an estimated 15 to 25 employees who agree to leave voluntarily. During the Great Recession, the city of Champaign

News Around Illinois – November 27, 2019

State Crop Sustainability Goal Is Centuries Away PEORIA – Illinois is still two centuries away from hitting towards its goal of planting enough cover crops to make a significant dent in nutrient pollution in waterways. That’s according to a coalition of environmental groups responding to the state’s recently-released biennial Nutrient Loss Reduction Strategy report.  Nutrient

Will Illinois Face Another Budget Impasse?

Passing a state budget is arguably the most important thing the Illinois General Assembly does every year — or at least should do every year. After last year’s drama — when a two-year standoff ended with a Republican revolt against Governor Bruce Rauner — it’s an open question about how things will go this year.