Stories about a budget
From Capitol News Illinois: The premium hike is the result of a federal budget change that was included in the “One Big Beautiful Bill Act.” That provision ends the enhanced tax credits that subsidize the cost of premiums for people who meet income guidelines.
The Dixon Public School Board is looking into contracting with a solar vendor to potentially decrease its energy costs over the long term.
The Chicago Bears are poised to move to the suburbs. But are Illinois lawmakers – and local taxpayers – going to help them do it?
From Capitol News Illinois: State spending likely to increase significantly in coming years as Medicaid, SNAP requirements set in
This event will provide constituents with suggestions for reducing their utility bills. The clinic will be hosted at the Sterling Public Library, 102 W. Third St., in Sterling.
Dixon School Board has approved a $1.7 million deficit budget for fiscal 2026, mainly due to a $4.6 million drop in federal funding. The district is exploring cost-saving measures but won’t cut staff this year.
Plunged into a government shutdown, the U.S. is confronting a fresh cycle of uncertainty after President Donald Trump and Congress failed to strike an agreement to keep government programs and services running by Wednesday’s deadline
Employee furloughs and potential layoffs would halt some government activities. Other functions — like NASA’s space missions, President Donald Trump’s immigration crackdown and certain public health work at FDA and the USDA — would continue
Democratic and Republican congressional leaders are heading to the White House for a meeting with President Donald Trump on Monday in a late effort to avoid a government shutdown
The increased Illinois minimum wage appears to be a key factor in the lack of workers at area animal shelters.
DuPage County Board Chair Deb Conroy has announced a balanced-budget plan that calls for new affordable housing efforts, supporting food pantries and a “stronger social service infrastructure.”
From Capitol News Illinois: Gov. Pritzker said the order is designed to combat federal policies by the Trump administration that are likely to increase costs on the state and put pressure on the economy
Following suit of numerous municipalities across Illinois, the Momence City Council recently approved the 1% grocery tax.
Sen. Susan Collins, R-Maine, said in a statement that the Constitution “makes clear that Congress has the responsibility for the power of the purse” and any effort to claw back funds “without congressional approval is a clear violation of the law.”
The Village of Montgomery has been awarded for their fiscal year 2026 budget, recognizing the village’s commitment to transparency, communication with its residents and financial planning.
Illinois saw 142 tornadoes in 2024. With weather teams stretched thin because of federal budget cuts, forecasters warn the next storm might slip through the cracks
The funding amounts received by these Will County school districts is based on factors including enrollment, poverty rate, number of special education and English-language learner students.
The Illinois State Board of Education’s announcement of a $15.85 billion education budget for fiscal 2026 has drawn cautious optimism from Sterling Public Schools as the district awaits final details of its allocation under the state’s evidence-based funding (EBF) formula.
An approximate $9.5-million bond sale is in Kankakee's future to deal with a variety of issues, chief among them a large investment into the rehab of many crumbling city streets.
Will County schools could face complications funding some of their programs in the coming months following a grant funding freeze by the Trump Administration. The State of Illinois has joined a lawsuit demanding the release of the grant money.
The Joliet Junior College Board of Trustees approved a $318 million budget for the current fiscal year, with one trustee abstaining and another voting against it out of financial concerns.
Manteno Village Board OKs paying for garbage fees and will rebate local property taxes.
At nearly 900 pages, the legislation is a sprawling collection of tax breaks, spending cuts, and other Republican priorities, including new money for national defense and deportations
The state also ended the fiscal year with $1.9 billion of cash in the General Revenue Fund after all bills were paid, according to the Comptroller Susana Mendoza’s office
Republican leaders in the House are sprinting toward a Wednesday vote on President Donald Trump’s tax and spending cuts package
State lawmakers in Will County spoke at a Joliet casino about the recent passage of the largest budget in state history and the possibility of making adjustments to the budget later this year.
Will County has received an award for budgetary quality and transparency from the Government Finance Officers Association.
Gov. JB Pritzker signed Illinois’ fiscal 2026 budget into law Monday, taking shots at President Donald Trump’s budget management to defend hard choices state lawmakers were forced to make this year
Transit agency officials met this week and formally began the process of planning for next year’s budget, including drawing up plans for major service cuts and potential layoffs
Joliet Public Schools District 86 Superintendent Dr. Theresa Rouse and Deputy Superintendent Dr. Tanisha Cannon discuss proposed changes to school funding, diversity initiatives, and technology policies from the Department of Education with Herald-News Reporter Jessie Molloy.
Herald-News reporter Jessie Molloy discusses Department of Education proposed changes and possible funding cuts with Joliet Township High School District 204 Superintendent Dr. Karla Guseman.
Only six months into the job, Senate Majority Leader John Thune faces a massive challenge as he tries to quickly push President Donald Trump’s sprawling tax and spending cuts package to passage with the support of a divided GOP conference
Plainfield Community Consolidated School District 202's Superintendent Dr. Glenn Wood discusses the district's contingency plans for lost funding following a series of new rules from the Department of Education with Herald-News reporter Jessie Molloy.
Sterling is one step closer to receiving a River Edge Redevelopment Zone designation that could provide up to $50 million in tax incentives for economic development work the city has already started along its riverfront.
Jessie Molloy discusses recent changes at the department of Education with Lockport Township High School District 205 Superintendent Dr. Robert McBride.
The tax and spending cuts that passed the House last month would add more than $5 trillion to the national debt in the coming decade if all of them are allowed to continue
Spending plan raises over $1B in revenue; income, sales taxes not affected
U.S. Rep. Lauren Underwood spoke with constituents in Joliet on Saturday, accompanied by fellow Democrat Congressman Maxwell Frost of Florida. The pair discussed the proposed Republican budget bill and how social services, veterans and job programs will be impacted.
Illinois Democrats introduced what a leading budgeteer described as a $55 billion budget Friday evening ahead of a Saturday deadline to pass the fiscal year 2026 spending plan
Gov. JB Pritzker said he would specifically veto any budget that includes tax increases on individuals, corporations or the sales tax
The General Assembly has through May 31 to pass a budget with a simple majority vote before the threshold increases to a three-fifths vote on June 1
A look at a few of the potential sticking points in the Senate
The Committee for a Responsible Federal Budget, a nonpartisan fiscal watchdog group, estimates that the House bill is shaping up to add roughly $3.3 trillion to the debt over the next decade
Extending President Donald Trump’s 2017 tax cuts, a priority of the Republican-controlled Congress, Moody’s said, would add $4 trillion over the next decade to the federal primary deficit (which does not include interest payments)
Gov. JB Pritzker’s office is now projecting state revenues to come in about a half-billion dollars below the baseline projections assumed during his February budget address
House Republicans proposed sweeping tax breaks Monday in President Donald Trump’s big priority bill, tallying at least $4.9 trillion in costs so far, partly paid for with cuts to Medicaid, food stamps and green energy programs used by millions of Americans
House Republicans unveiled the cost-saving centerpiece of President Donald Trump’s “big, beautiful bill” late Sunday, at least $880 billion in cuts largely to Medicaid to help cover the cost of $4.5 trillion in tax breaks.
The Illinois General Assembly‘s independent forecasting commission has improved revenue projections for the upcoming fiscal year despite growing economic volatility
Trump’s plan aims for steep cuts to child care, disease research, renewable energy and peacekeeping abroad, many already underway through Elon Musk’s Department of Government Efficiency
One day before the Fiscal Year 2026 begins, the Bradley Village Board unanimously approved a $21.9 million budget, with an excess of nearly $1.5 million.