Cook County To Vote On $200M In Budget CutsThe Cook County Board will vote Tuesday on $200 million in budget cuts, triggered by the demise of the sweetened beverage tax.
Aldermen Hesitant About City Revenue Earmarked For CTASeveral Chicago aldermen have expressed some hesitation about city revenue earmarked for the Chicago Transit Authority.
Finance Committee Approves City's Property Tax LevyThe City Council’s Finance Committee approved Chicago’s property tax levy Monday, as it began a hearing for the proposed 2018 budget.
Illinois House Overrides Rauner Budget Vetoes, With GOP HelpAfter more than two years without one, Illinois finally has a state budget in place.
House Passes Budget, Income Tax Hike; Rauner Vows VetoMoments after the Illinois House passed a spending plan that includes a 32 percent increase in the state's income tax, Gov. Rauner said he would veto the legislation.
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 Could Be First State With 'Junk' Credit Due To BudgetAn expert in municipal finance warns that there will be serious consequences for investors, businesses and everyday people if Illinois doesn’t resolve its budget impasse before July 1.
Mayor Emanuel Announces Expansion Of CPS Principal Leadership ProgramMayor Emanuel announced Thursday the expansion of incentive and training programs to encourage independence and success among Chicago Public School principals.