State Budget

As Illinois emerges from the COVID-19 pandemic, a spokesperson for Illinois State University said the institution is "grateful that there were no reductions" to state funding in the new state budget.

Illinois lawmakers worked into the early hours of Tuesday morning to pass a $42.3 billion state budget plan for the upcoming fiscal year that Democrats say would fully fund K-12 education and the state’s pension obligations while also paying down a sizeable portion of the state’s debt.

Illinois lawmakers are poised to vote Monday night on a proposed $42.3 billion state budget for the upcoming fiscal year that Democrats say would fully fund K-12 education and the state’s pension obligations while also paying down a sizeable portion of the state’s debt.

Gov. JB Pritzker and other Democratic leaders announced Thursday that they have agreed to a plan to repay the money Illinois borrowed from the Federal Reserve during the COVID-19 pandemic before the end of the next fiscal year.

A new report by the credit rating agency Moody’s says Illinois will set a new record this year when it reports a total net pension liability of more than…

Illinois Republicans continue to criticize what they say is an unbalanced budget proposal from Gov. JB Pritzker. The Senate Republican floor leader is no…

City and county leaders in McLean County said Wednesday one of Gov. JB Pritzker's budget proposals is a bad idea.The governor has proposed taking 10% of…

Now that voters have rejected the income tax amendment to the State Constitution to create a progressive tax structure, Illinois faces hard choices to…

The Illinois General Assembly passed a $40 billion state budget along party-line votes Saturday night in the House and early Sunday morning in the Senate:…

The sales pitch that Unit 5 leaders hope to make to taxpayers later this year began to take shape Monday, as district officials sketched out the need for…