Illinois Quick Hits: Civic federation funds 'persistent structural imbalance' in Illinois

Illinois Quick Hits: Civic federation funds ‘persistent structural imbalance’ in Illinois

Spread the love

(The Center Square) – A new Civic Federation report has identified a persistent structural imbalance in the Illinois budget, with expenditures projected to grow faster than core revenues.

The Chicago-based government research organization examined how Gov. J.B. Pritzker’s budget proposal for fiscal year 2027 advances the state’s goals for financial stability.

The report said Illinois’ fiscal position is likely to weaken unless the state adopts policy changes to better align revenues and expenditures, support stronger economic growth and expand the tax base.

FUEL PRICES SURGE AGAIN

Illinois gas prices have risen by an average of more than 50 cents per gallon in the last week.

According to AAA, the average price for regular unleaded was $4.86 on Friday, up from $4.30 one week before and $4.67 on Thursday.

The average Illinois price one year ago was $3.40.

IL FARM BUREAU URGES U.S. SENATE TO PASS FARM BILL

Illinois Farm Bureau President Philip Nelson is urging the U.S. Senate to swiftly pass the Farm, Food, and National Security Act of 2026. The House approved the bill by a vote of 224 to 200 on Thursday.

The the legislation updates funding levels for crop insurance and price support, disaster assistance, risk management programs, operation and marketing loans, and federal agricultural research.

Thérèse Boudreaux contributed to this story.

PINCKNEYVILLE SUPERINTENDENT OUT

A Southern Illinois public school superintendent has stepped down following allegations of misconduct.

The Southern Illinoisan reports that the Pinckneyville CCSD 204 school board accepted the resignation of superintendent Jerry Travelstead following a nearly three-hour meeting on Thursday night.

Leave a Comment





Latest News Stories

Four House Republicans rebel against Trump, help pass War Powers Resolution

Four House Republicans rebel against Trump, help pass War Powers Resolution

By Thérèse BoudreauxThe Center Square In the second congressional rebuke of the Trump administration's mission against Iran, the U.S. House passed a War Powers Resolution when four Republicans joined Democrats...
Hilton, Becerra remain ahead in California gubernatorial race

Hilton, Becerra remain ahead in California gubernatorial race

By Chris WoodwardThe Center Square It still appears that Steve Hilton and Xavier Becerra will advance out of the June 2 primary and into the Nov. 3 general election for...
Budget math undercuts Bessent's deficit reduction pledge

Budget math undercuts Bessent’s deficit reduction pledge

By Brett RowlandThe Center Square President Donald Trump's next budget projects federal deficits running more than double Treasury Secretary Scott Bessent's stated target through at least 2029 while also calling...
State Police, IDOT break ground on $14M training facility

State Police, IDOT break ground on $14M training facility

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The Illinois State Police and the Illinois Department of Transportation broke ground on a joint venture to...
Republican data privacy bill scrutinized in congressional hearing

Republican data privacy bill scrutinized in congressional hearing

By Thérèse BoudreauxThe Center Square Businesses and online privacy advocates hold diametrically opposing views on the wisdom of congressional Republicans’ plans to enact a nationwide framework for consumer data privacy...
World Cup: Economic impact equation includes displaced regular tourism

World Cup: Economic impact equation includes displaced regular tourism

By Kim JarrettThe Center Square Putting a dollar figure on the economic impact of the FIFA World Cup games scheduled for Atlanta is not an exact science, economists say. Eight...
Illinois Quick Hits: Johnson says comptroller running is 'no breaking news'

Illinois Quick Hits: Johnson says comptroller running is ‘no breaking news’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson says it’s no breaking news that Illinois Comptroller Susana Mendoza is running for...
Trump targets 60 economies with forced labor tariffs

Trump targets 60 economies with forced labor tariffs

By Brett RowlandThe Center Square The U.S. Trade Representative proposed tariffs of 10% to 12.5% on imports from 60 economies, including Canada, Mexico, Japan and the European Union, arguing that...
Lawmakers probe $1.2B Ohio Medicaid fraud

Lawmakers probe $1.2B Ohio Medicaid fraud

By Christine Johnson and Andrew RiceThe Center Square Federal lawmakers called for greater fraud enforcement in the Medicaid Waiver Program on Wednesday, citing concerns over recent reports of $1.2 billion...
Debt burden, pensions burden Chicago Public Schools

Debt burden, pensions burden Chicago Public Schools

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The author of a new Civic Federation report says taking on more debt would be a death...
Nearly 100,000 Illinois Uber, Lyft drivers may soon be able to unionize

Nearly 100,000 Illinois Uber, Lyft drivers may soon be able to unionize

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A proposal that would allow many Uber and Lyft drivers to form a sector-wide union and engage...
Michigan lawmakers spar over Rx Kids program amid oversight concerns

Michigan lawmakers spar over Rx Kids program amid oversight concerns

By Elyse ApelThe Center Square Michigan lawmakers are sparring over the future of the state's Rx Kids program, a cash-assistance initiative that has received more than $300 million in taxpayer...
GOP rep: New budget shows 'addiction' to taxes

GOP rep: New budget shows ‘addiction’ to taxes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says Illinois’ new budget for fiscal year 2027 protects working families from new taxes,...
Retirees face $5,500 average cut to annual Social Security benefits in 2032

Retirees face $5,500 average cut to annual Social Security benefits in 2032

By Thérèse BoudreauxThe Center Square Over 60 million Americans could see their monthly Social Security checks slashed by $500 on average starting in 2032, according to a new report analyzing...
Illinois Quick Hits: Comptroller Mendoza announces run for Chicago mayor

Illinois Quick Hits: Comptroller Mendoza announces run for Chicago mayor

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Comptroller Susana Mendoza is running for mayor of Chicago. Mendoza said in a campaign video released...