Stories about a budget
The plan for village hall, with a cost of $6 million, will be paid for through bonds purchased by the village, and will be paid back over the course of 20 years.
As it deals with funds drained by escalating maintenance, staffing and program costs, the Morrison School Board on Monday night heard from its superintendent about the need to start discussing budget cuts.
Illinois Gov. JB Pritzker is also proposing spending $10 million in state funds to buy Illinoisans’ past-due medical debt that’s been sent to collections.
The annual process of negotiating the state budget kicked off Wednesday with Gov. JB Pritzker proposing a $52.7 billion spending plan that includes hundreds of millions of dollars in new spending and tax increases, particularly for businesses
Gov. JB Pritzker on Wednesday proposed growing state spending by about $1.8 billion in the upcoming fiscal year while making a handful of corporate, sports wagering and other tax changes to pay for the increase.
Republicans in the Illinois Senate indicated Tuesday that their sticking point for budget negotiations this year will be the same as it was last year – state spending on programs for noncitizens and recent arrivals from the country’s southern border.
Gov. JB Pritzker will give his sixth state budget address this week, laying out his plan for a fiscal year that government forecasters in November predicted is on pace for a near-$900 million deficit unless corrective action is taken.
Some council members said they want to take a closer look at inspector general report on museum.
Miller: The Governor’s Office of Management and Budget released a revised state revenue and spending forecast last month for the current fiscal year and it’s pretty good. Its projections for next fiscal year, however, were not nearly as strong.
City plans to bring back deputy city manager, communications staffer and lawyers.
The Lake County Forest Preserves Board of Commissioners approved the fiscal 2024 budget at its Oct. 11 meeting.
Budget up 5.5% to $111 million
The city of Sycamore recently approved its last half-year budget before it realigns its fiscal year to coincide with the calendar year, with monies focused on staffing the city’s first responders.
Rep. Sean Casten (D-Downers Grove) announced his Community Projects for Fiscal Year 2024, which could bring over $30 million in federal funding to the 6th Congressional District.
Increase reflects board’s strategic plan from 2021 that calls for MAP funding to reach $1 billion in 10 years.