Chicago's Budget: What Are Residents Paying For?Facing an unprecedented $1.2 billion shortfall for next year, Mayor Lori Lightfoot on Wednesday proposed a $94 million property tax hike, a 3 cents per gallon increase in the city's gas tax, hundreds of layoffs, and eliminating nearly 2,000 vacant positions.
CPS Votes On Budget, Including Money For CPS Officers At SchoolsThe board will vote on a modified contract with police. If approved CPS would pay no more than $12 million in a new agreement.
Metra Unveils Its New Budget And New Plans For UpgradesMetra wants to start buying new railcars and locomotives. It also want to start fixing up the ones they already have. There are also plans to upgrade the accessibility of stations and parking lots.
Mass Transit Will Ride With More Money For Extra Rail Cars, Maintenence"This is a substantial package and this will address a substantial portion of the maintenance needs that we have in this region."
Tension Between Gary Police and Mayor Over Proposed Budget CutsThe city plans to spend just under $12 million in the 2019 budget for police but are being asked to cut about $1 million from that amount.
Pritzker Wins Over Voters Worried About Budget, CorruptionNearly two-thirds of voters in Illinois disapproved of the Republican's handling of a two-year budget stalemate with legislative Democrats, and about three-quarters of them voted for Pritzker.
State Budget Nears Approval, House Passes Stricter Gun MandatesThe House passed stricter gun-purchasing mandates today while the conclusion of a $38.5 billion spending bill is awaiting a Senate vote.
Rauner, Top Legislators Meet To Talk About Budget DealWith six weeks until the state budget deadline, the hard bargaining is under way between Gov. Rauner and Democratic leaders.
Take Hidden Costs Into Account When Budgeting For Your BusinessA budget is one of the most powerful financial management tools you can use to meet unplanned expenses, track revenues and monitor spending.
Aldermen Address Concerns About COPA's Mission, FundingDuring budget hearings, some aldermen raised concerns that the city’s new police accountability agency has not been given enough money.
Last Day For Lawmakers To Reach Budget AgreementIf the General Assembly cannot reach a budget agreement by midnight, Illinois will start a third fiscal year without a budget.
Illinois Legislators Meet For 2nd Day Of Budget SessionTensions were apparent on the House floor and in hearing rooms Thursday, with lawmakers sniping at each other. CBS 2's Dana Kozlov reports.
Pritzker Discusses Resolving Budget Stalemate, Puts Down RaunerDemocratic candidate for governor JB Pritzker was working with pro-choice groups in the 43rd Ward on Tuesday and taking more shots at Governor Bruce Rauner.
Chicago Alderman Infuriated With Budget Stalemate, Blames RaunerThe financial crisis at the Chicago Public Schools apparently has a leading alderman rhetorically wanting to wring the Governor's neck.
Hundreds March To Springfield In Demand For A State BudgetA couple hundred people began marching Friday afternoon to Springfield to demand that the legislature pass a budget - one that has more money for social services.