budget

Plan Restores Grant Cuts
8:59 pm
Tue April 21, 2015

Will Lawmakers Disappoint This Father?

Credit flickr/borman18

The Illinois Senate could begin voting Wednesday on a plan to reverse a smattering of state grants recently eliminated by Gov. Bruce Rauner.

Democratic legislators say they were caught off guard earlier this month when Rauner suddenly took $26 million in funding away from programs, including ones that support autistic children and people with epilepsy.

Sen. Dan Kotowksi, a Park Ridge Democrat, says Illinois should restore at least a portion of the money. He proposes getting it by sweeping special state funds that have reserves.

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Statehouse
6:30 pm
Tue April 14, 2015

Black Legislators Say Cuts Hit Minority Communities Hardest

African American legislators say the impoverished parts of the state will be most affected by budget cuts.

Dangerous and Draconian. The Illinois Legislative Black Caucus uses those words to explain $26 million Governor Bruce Rauner recently suspended in state grants.  He's proposed more cuts for next year.
 

Senator Kim Lightford says Rauner's cuts will be devastating in four main areas public safety, education, health and the economy. 

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Statehouse
3:43 pm
Tue March 10, 2015

Rauner's Infrastructure Goal Lacks Concrete Funds

Gov. Bruce Rauner says he has big plans for the state's infrastructure. He addressed the Illinois Asphalt Pavement Association on Tuesday in Springfield.

Rauner told the group, whose members benefit when the state spends money on roads, that Illinois will invest more on infrastructure in the next four years than ever before. He gave no clear indication of where the money would come from.

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Illinois Issues - Past Due
4:16 pm
Fri February 27, 2015

Illinois Not Alone In Post-Recession Budget Woes

Illinois’ budget is in even worse shape than previously thought. Illinois has the biggest unfunded pension obligation in the nation. Illinois slapped with the lowest credit rating of any state. These are the grim headlines Illinois residents endure on a regular basis. You can’t live in this state and not have at least a vague idea that our budget is in the dumps. 

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Budget FY16
12:49 am
Thu February 19, 2015

Rauner's Budget: Honest, Or Slash And Burn?

Gov. Bruce Rauner spent his birthday Wednesday presenting his first budget to the General Assembly; it includes deep cuts which he says are needed after years of reckless spending.
Credit Amanda Vinicky

Thirty-eight days into his term as Illinois' governor, Bruce Rauner yesterday delivered his much-anticipated budget address. Amanda Vinicky recaps the financial reckoning.

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Higher Ed
3:27 pm
Wed February 18, 2015

U Of I Responds To Governor's Budget

A top University of Illinois administrator says everything is on the table after Republican Governor Bruce Rauner proposed a thirty percent cut to state higher education funding.

Christophe Pierre, the U of I's Vice President for Academic Affairs, calls today's (Wednesday's) budget proposal disappointing. He says the university has other sources of revenue, but many come with restrictions on how the money is spent.

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On The Rail
5:11 pm
Tue February 17, 2015

Rauner Meets With Legislative Leaders About Budget

Gov. Bruce Rauner will give his budget address on Wednesday, Feb. 18.

Just how Republican Gov. Bruce Rauner plans to deal with Illinois' budget and its deficit largely remains a mystery. Rauner is set to finally unveil his ideas Wednesday, when he gives his budget address. However, the legislature's leaders got a preview the day before.

House Speaker Michael Madigan walked out the large, glass doors of the governor's antechamber, with this to say about his meeting with Rauner:

"The governor simply said that he's got some tough medicine to deliver."

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Illinois Issues - Past Due
9:48 am
Fri February 6, 2015

Rauner Reaches For Budget Control

Credit brucerauner.com

News Analysis  — As the time bombs built into the current fiscal year’s budget begin to go off, Gov. Bruce Rauner wants lawmakers to give him broad powers to move money around.

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Statehouse
7:31 pm
Mon February 2, 2015

Rauner Hints State Workers Paid Too Much, Shouldn't Be Able To Strike

Credit brucerauner.com

State employees can rest assured-- Gov. Bruce Rauner does not want to cut their salaries. But a memo sent to state legislators Monday warns of other changes the governor would like to see.

Shortly after becoming governor, Rauner tried to spread goodwill, reaching out to workers with visits to state offices.

"I want to make Illinois a wonderful place to work for everyone here. I want good, fair compensation."

Then came a series of speeches, previewing his State of the State address on Wednesday, in which he says Illinois' payroll is bloated.

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Budget FY15
6:46 pm
Tue December 16, 2014

Agencies To Ask For More, Rauner Says ... Without Giving An Opinion On If They Deserve It Or Not

Gov.-elect Bruce Rauner, right, speaks before a full crowd at the Sangamo Club on Tues., Dec. 16 as part of a Better Government Association event on Illinois' finances.
Credit Amanda Vinicky

Gov.-elect Bruce Rauner has already tried to make the case that that Illinois' finances are worse than he thought. Now he's adding to his list of examples.

"What we've learned here in recent days, and I'm here to get more of the detail on ... there's $760 million of what they're calling - what I guess, I'm learning the lingo - supplemental appropriations, about to be requested," he said.

Basically, it means that state agencies are going to be asking for an additional $760 million to get them through this budget year -- or, as Rauner put it, they want to go "over budget."

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Illinois Issues - Past Due
6:00 am
Wed November 19, 2014

Editor's Note: Tax And Pension Fix Won’t End Illinois’ Budget Crisis

Jamey Dunn
Credit mattpenning.com 2014 / WUIS/Illinois Issues

Listen to Dunn's interview about her column with Rachel Otwell: 

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Budget FY15
4:30 pm
Tue October 21, 2014

Civic Fed: Lawmakers Once Again Taking Illinois Down Bad Budget Path

Credit wnij

Illinois is about a quarter of the way into its fiscal year and building up debt along the way. A new report from the Civic Federation says it's a return to detrimental policies that landed Illinois in an unstable financial position in the first place.

There was one, glaring question for lawmakers last spring: what were they going to do about the temporary income tax?

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Statehouse
5:43 pm
Thu October 9, 2014

Civic Federation Says Illinois Finances Headed In The Wrong Direction

Illinois is about a quarter of the way into its fiscal year and building up debt along the way.

A new report says it's a return to detrimental policies that landed Illinois in an unstable financial position in the first place.
                     
There was one, glaring question for lawmakers last spring: what were they going to do about the temporary income tax?

Illinois hiked rates in 2011, but only until midway through this fiscal year.  The 5% rate rolls back to 3.75%  in January.

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Pensions
6:29 pm
Wed July 23, 2014

Illinois' Credit Prognosis: Negative

Wall Street's view of Illinois' financial health has taken a hit, thanks largely to the state budget that took effect at the start of this month. Pensions also continue to be a drag. 

When Illinois Democrats passed the state's latest budget, many seemed to hold their nose. Credit ratings agencies are more direct: Standard & Poors has revised Illinois' credit outlook to "negative." 

It says the new budget "is not structurally balanced and will contribute to growing."

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New Law
6:52 am
Thu July 17, 2014

Illinois To Require Bulletproof Vests

Credit flickr.com/appleswitch (Creative Commons)

A new law signed Wednesday is intended to keep police officers safe, by requiring they get protective gear.

A bulletproof vest will become part of an officers' standard equipment issue. Contingent on money, of course.

The new law includes provisions to help ensure there is funding.

It law requires communities and the state apply for a federal grant, that provides matching funds specifically for the purchase of bullet proof vests.

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Budget FY15
8:12 pm
Mon July 14, 2014

Bill Backlog Improvement Could Be Temporary

Credit flickr/dborman

  The amount of money Illinois owes to companies and organizations that have provided goods and services for the state is at its lowest level since 2010, but that improvement could be short-lived.

At one point, Illinois had a stack of overdue bills totaling about $10 billion.

It took so long for the state to pay back its vendors that some were forced to close their doors - they couldn't pay their bills.

But that was at the height of the recession, and before Illinois' hike in the state income tax.

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Illinois Issues
12:00 am
Tue July 1, 2014

End and Means: Budget is Constitutionally Balanced but Full of Flaws

Charles N. Wheeler III
Credit WUIS/Illinois Issues

"The biggest winners here in this session were the taxpayers, who were spared the extension of the income tax."

—Senate Minority Leader Christine Radogno

 

With all due respect to the good senator from Lemont, Illinoisans may have won a Pyrrhic victory when lawmakers adjourned their spring session without voting to keep income tax rates at their current levels past their scheduled January 1 sunset.

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Budget
6:50 am
Mon June 30, 2014

Deadline For Quinn To Take Budget Action

Credit Brian Mackey/WUIS

  It's the last day of the fiscal year for the State of Illinois, which means the pressure is on for Gov. Pat Quinn to sign a new budget into law.

There's nothing on the governor's public schedule for today, but that doesn't mean he won't be busy making official the spending plan passed by his fellow Democrats in the General Assembly.

It makes sense that Quinn wouldn't want to hold a big ceremony drawing attention to it. He had wanted lawmakers to extend Illinois' 5-percent income tax rate, beyond its scheduled rollback halfway through the new fiscal year.

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Budget FY15
5:56 am
Fri May 16, 2014

House Democrats Pass Spending Plan (Barely)

Illinois is beginning to work on its budget for Fiscal Year 2015.
Credit wnij

How much you'll pay in state taxes next year remains an open question, even as the Illinois House Thursday approved dozens of spending bills, that rely on a permanently higher tax rate. It sets the stage for a budget battle, just weeks before legislators are set to adjourn for the summer.

The Illinois House convened at 8 o’clock Thursday morning, and spent most of a very long day on the budget. Lawmakers began with a debate on funding Illinois' public education system, giving schools a slight increase over this year.

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Daily Egyptian
8:30 pm
Tue May 13, 2014

House Budget Plan Could Help Save SIU Student Paper

  Southern Illinois University Carbondale's financially-struggling student newspaper would get an infusion of cash under newly introduced legislation.

A spending measure filed in the Illinois House would give The Daily Eqyptian 70-thousand dollars.

The paper had asked for a nine-dollar-per-semester student fee, but the SIU Board of Trustees has not given approval.

The Daily Egyptian's faculty adviser, Eric Fidler says he's still hopeful that will happen this summer. But he says the 70 thousand dollars would be a buffer.

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Budget FY15
5:02 am
Mon May 12, 2014

State Budget: "It's All In Such A State Of Flux"

Credit Brian Mackey/WUIS

After a weekend break, Senators will return to Springfield this afternoon, as the calendar draws closer to the scheduled May 31 adjournment.

While the end of the month is a key date, it's another one, about a half a year away, that will largely guide much of what happens these next few weeks: the November election.

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Budget FY15
5:47 pm
Wed May 7, 2014

Quinn, Rauner On The Business Of The State Budget

Gov. Pat Quinn told the Illinois Manufacturers' Association and the Illinois Retail Merchants' Association that "savage" cuts will occur if his budget plan does not pass.
Credit Amanda Vinicky/WUIS

  The two men dueling to be Illinois' next governor tried Thursday to win over business leaders with their plans for the state's finances. They both made appearances before a joint meeting of Illinois' retailers and manufacturers in Springfield.

Quinn got a standing ovation as he took the stage, but the response after that was lukewarm.

Just before Quinn's speech, several business owners had been at the podium, complaining about Illinois' high unemployment rate, regulations and taxes.

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Election 2014
6:01 am
Mon May 5, 2014

Still Waiting For Comprehensive Budget Plan From Rauner

Republican candidate for governor Bruce Rauner speaks to Sangamon County Republicans in March.
Credit Hannah Meisel

The two men vying for governor disagree on a lot of issues, most notably what to do about Illinois' budget. Still, it's hard to compare the two, because one plan doesn't seem to exist.

It was nearly a month ago, at an event for Sangamon County Republicans that the party's nominee, Bruce Rauner, said "we'll be coming out with a comprehensive plan, that will be recommending about what we should change in our regulations and in our tax code and in our spending structure, in the, in … relatively near future."

So far, though, that hasn't happened.

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Illinois Budget FY15
12:00 am
Thu March 27, 2014

Quinn Tax Hike Plan Sets Stage For Governor's Race

Gov. Pat Quinn delivers his annual budget address on the House floor Wednesday. In his speech, Quinn called for extending the 2011 income tax hike.
Credit Hannah Meisel/WUIS

  Plenty can, and will, happen before voters go to the polls in November to chose their next governor. But a central theme of the campaign emerged Wednesday, when Gov. Pat Quinn proposed making permanent what was supposed to have been a temporary hike in the state's income tax. His Republican opponent, Bruce Rauner, favors letting the increase lapse. Their competing visions mean a lot is at stake ahead of the upcoming election, as well as for the state's future.

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Budget fight
4:47 pm
Fri March 21, 2014

Senators Spar On Budget Estimates

Credit Brian Mackey/WUIS

  The Illinois legislature's discussions over state spending are getting heated. On Friday, Lawmakers heard from agencies facing massive budget cuts.

Eight agency heads told Senators how painful it'd be to cut 20 percent from their operations. That figure is based on a projected billion-dollar shortfall next year, when the temporary income tax hike begins to sunset.

It could mean less funding to schools, fewer state police patrols, closure of prisons and mass layoffs.

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Treasurer's race
5:22 pm
Thu March 13, 2014

Republican Opponents For Treasurer Differ On Budget Strategy

DuPage County Auditor Bob Grogan and Rep. Tom Cross (R-Oswego) face off in the Republican primary for State Treasurer.

  When state treasurer Dan Rutherford announced a run for governor, the Republican left his seat wide open. Two GOP candidates are vying for that party’s nomination on Tuesday.

Former House minority leader Tom Cross (R-Oswego) left his position in the fall to run for treasurer. He's promising to use a new tool to force a balanced budget: The threat of suing the General Assembly and the governor.

Cross says having that card in his back pocket will make sure the state doesn’t spend more than it takes in, like the state's constitution mandates.

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Public Policy
8:52 am
Mon March 3, 2014

Across The Board Budget Cutting Is Not So Simple

Credit IGPA

When politicians talk about budgets, someone invariably brings up the idea of across the board spending cuts.   It's easy to understand.  it also plays into an inherent fear of big government.

WUIS'  Sean Crawford talked with Chris Mooney, the Director of the Institute of Government and Public Affairs at the University of Illinois.   Mooney wrote about the topic as part of a new project called the Illinois Budget Policy Toolbox. 

Mooney says across the board cutting is more complicated than it seems.

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Regional
9:37 am
Thu February 27, 2014

Springfield Approves Budget, Creates New Position

Credit springfield.il.us

The city of Springfield approved a nearly 600 million dollar budget Wednesday for the new fiscal year.

New to the budget this year is an inspector general position, which officials set aside 79 thousand dollars to fund. 

Council member Cory Jobe before making the position permanent, they will look at results from the first year.

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Statehouse
4:07 pm
Tue February 25, 2014

House Sets Spending Cap — Down $1b From Last Year

Credit Brian Mackey / WUIS

The Illinois House took a key first step in the state budgeting process Tuesday.

It adopted what's called a "revenue estimate" — how much money Illinois is expected to be able to spend in the next fiscal year.

The cap, of $34.495 billion, is significant in several ways: It's about a billion less than last year's number, which means lawmakers are going to have extend the tax increase or find other sources of money, or they'll have to make a lot of cuts. On the other hand, it's not as bad as some people had feared.

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Illinois Issues - Leadership
7:30 pm
Fri February 21, 2014

Republican Primary Debate Analysis - CapitolView

Host Jamey Dunn and guests Charlie Wheeler (UIS), Nicole Wilson (24/7 News), and Andy Maloney (Chicago Law Bulletin) analyze the recent Republican primary debate for Governor and discuss other primary issues, the budget, and upcoming bills.

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