The Illinois Housepassed the $53.1 billion state budget early Wednesday morning, approving a plan that is$400 million morethan Gov. J.B. Pritzker proposed in February and raises taxes and makes other tax code changes to generate $1.2 billion to fund it....
Although the state passed a capital budget and an operating budget, the outlook for the future remains uncertain. The operating budget significantly relies on one-time revenue and funding sources (including $3.4 billion in debt) and the state has approximately $100 billion in unfunded accrued ...
…Illinois’s public pension payments already consume nearly a third of the state budget, yet the unfunded liability—which the state currently pegs at $137 billion, though others put the figure much higher—continues to rise. …Since 2000, Illinois has increased pension spending by more than ...
Although the state passed a capital budget and an operating budget, the outlook for the future remains uncertain. The operating budget significantly relies on one-time revenue and funding sources (including $3.4 billion in debt) and the state has approximately $100 billion in unfunded accrued ...
The Illinois House passed a $53.1 billion state budget early Wednesday morning, approving a plan that is $400 million more than Gov. J.B. Pritzker proposed in February and raises taxes and makes other tax code changes to generate $1.2 billion to fund it. NBC Chicago’s ...
Demand for a public university education in Chicago remained high, even after the first wave of veterans passed, so the University made plans to create a permanent degree-granting campus in the Chicago area. In 1951, Daley succeeded in getting the state senate to pass a bill calling for a ...
College and university leaders are happy to see the first state budget in two years, but many prepare for less state support in the future and confront lingering impacts of cuts and uncertainty.
KPMG This Week in State Tax—produced weekly by the KPMG State and Local Tax practice—focuses on recent state and local tax developments. Illinois: The fiscal year 2025 budget revenue bill, which has been or soon will be presented to the governor, makes numerous tax changes. On the corporat...
The Caucasus Planet Watch Shadow Watch Police State SyndicateRecent comments Biden commutes dozens of death row sentences2 weeks 2 days ago Biden granted clemency to 'kids-for-cash' judge4 weeks 1 hour ago Biden grants largest single-day clemency in modern US history4 weeks 21 hours ago Britis...
Last year, Illinois passed a law requiring the Illinois State Board of Education (ISBE) to develop a comprehensive state literacy plan. The plan was developed through the summer and fall of last year before being adopted in January. ISBE now has resources available to help you and your PTA...