Budget Plan

Republican candidate for governor Bruce Rauner discusses plans to revamp property, income, and sales taxes in Illinois. (Credit: Craig Dellimore/CBS)

Rauner Announces Plan To Overhaul Income, Property, Sales Taxes

Republican candidate for governor Bruce Rauner on Thursday offered a plan to revamp the state’s tax system, and voiced support for raising the minimum wage, coupled with business reforms.

07/17/2014

Illinois State Capitol

Vallas Slams Rauner For Not Proposing Budget Plan

“He’s basically taking this position of opposing the governor’s budget, without offering anything – ANYTHING – in its place,” Vallas said.

05/21/2014

Chicago City Council Chambers (CBS)

Chicago Aldermen Hold First Hearing On $8.3 Budget Plan

The City Council’s Budget Committee held its first hearing Tuesday on Mayor Rahm Emanuel’s $8.3 billion budget plan for next year.

CBS Chicago–10/16/2012

Chicago Public Schools

Plenty Of Criticism, Little Support For CPS Budget Plan At Public Hearing

The Chicago Public Schools’ chief operating officer heard a litany of complaints and accusations Wednesday night, during a 2-1/2 hour hearing on the board’s proposed $5.16 billion budget.

07/12/2012

Chicago Public Schools

School Budget Would Raise Property Taxes, Empty Reserve Fund

Chicago Public School officials have unveiled their budget plan for next school year, seeking to fill a $665 million deficit with a property tax hike, personnel cuts and some one-time revenue.

CBS Chicago–07/06/2012

Illinois State Capitol

Senate Dems’ Budget Plan Advances In Springfield

It’s unlikely to be the final budget, but the Senate Democratic budget proposal is moving through the legislature.

CBS Chicago–05/22/2012

Gov. Pat Quinn Budget Address

Quinn Budget To Rely On Facility Closures, Medicaid Cuts

It’s going to be painful. Illinois Gov. Pat Quinn was putting the finishing touches Tuesday night on what can only be called a bad news budget; one which might stop the bleeding, but does little to treat the wound.

02/21/2012

Mayor Rahm Emanuel urges state lawmakers to approve legislation allowing the city to install speed cameras. (Credit: CBS)

City Council Approves Mayor Emanuel’s First Budget

The Chicago City Council has voted unanimously to adopt Mayor Rahm Emanuel’s first budget, which both he and many aldermen said represented a compromise on a number of tough issues in its final form.

CBS Chicago–11/16/2011

Illinois State Capitol

Senate Republicans Discuss Budget Ideas

Several Illinois Senate Republicans say they are ready to sit down and talk with Gov. Pat Quinn about the state budget, but not about more long-term borrowing.

WBBM Newsradio–03/24/2011

Waukegan Waterfront

Layoffs May Come For Over 70 Waukegan City Employees

More than 70 city employee positions are on the chopping block under a budget proposal in north suburban Waukegan.

03/22/2011