CPS Budget 'A Breath Of Fresh Air,' Adding $64 Million For Schools"This is a good time to be the leader of Chicago Public Schools, because our financial situation is much stronger than it was two years ago," Chicago Public Schools CEO Janice Jackson said.
Civic Federation: Many Of Rauner's Proposed Cuts Not "Achievable Or Prudent"A respected budget watchdog group has come out with a sharply critical analysis of Gov. Bruce Rauner’s fiscal plan for Illinois.
Rauner Announces Plan To Overhaul Income, Property, Sales TaxesRepublican 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.
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.
Chicago Aldermen Hold First Hearing On $8.3 Budget PlanThe City Council's Budget Committee held its first hearing Tuesday on Mayor Rahm Emanuel's $8.3 billion budget plan for next year.
Plenty Of Criticism, Little Support For CPS Budget Plan At Public HearingThe 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.
School Budget Would Raise Property Taxes, Empty Reserve FundChicago 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.
Senate Dems' Budget Plan Advances In SpringfieldIt’s unlikely to be the final budget, but the Senate Democratic budget proposal is moving through the legislature.
Quinn Budget To Rely On Facility Closures, Medicaid CutsIt'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.
City Council Approves Mayor Emanuel's First BudgetThe 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.
Senate Republicans Discuss Budget IdeasSeveral 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.
Layoffs May Come For Over 70 Waukegan City EmployeesMore than 70 city employee positions are on the chopping block under a budget proposal in north suburban Waukegan.