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

Screenshot 2025-11-05 at 4.18.19 PM

Will County Finance Committee Hits Impasse on 2025 Tax Levy, Postpones Budget Votes

Will County Finance Committee Meeting | November 2025 Article Summary: The Will County Finance Committee postponed votes on the 2025 tax levy and the 2026 budget after a contentious debate...
Screenshot 2025-11-06 at 4.17.15 PM

Federal Lobbyists Brief Will County on Government Shutdown, Warn of SNAP and TSA Disruptions

Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025 Article Summary: Will County’s federal lobbyists reported that the ongoing government shutdown, now the longest in U.S. history, is...
Screenshot 2025-11-05 at 4.02.49 PM

Will County Committee Advances Gougar Road Bridge Project with Over $540,000 in Agreements

Will County Public Works & Transportation Committee Meeting | November 2025 Article Summary: The Will County Board approved two key agreements for the Gougar Road bridge project in New Lenox,...
Will County Logo Graphic

Commission Approves Mokena-Area Garage Variance Over Village’s Objection

Will County Planning and Zoning Commission Meeting | November 4, 2025 Article Summary: The Will County Planning and Zoning Commission approved a variance for a new garage in unincorporated Frankfort Township...
Peotone-Junior-High-School-scaled-1

Residents Clash on School Funding, Citing Low Tax Rate vs. “Wasteful” Spending at Committee Meeting

Peotone School Board Committee of the Whole Meeting | October 27, 2025 Article SummaryThe Peotone School Board heard conflicting public perspectives on its long-standing financial crisis, with one resident presenting...
Joliet-Junior-college.-Graphic-Logo.4

JJC Receives Surprise $1.9 Million from IRS Employee Retention Credit

Joliet Junior College Board of Trustees Meeting | October 15, 2025 Article SummaryJoliet Junior College has received an unexpected $1.9 million windfall from the federal Employee Retention Credit (ERC), a...
Joliet-Junior-college.-Graphic-Logo.2

JJC Advances ERP Modernization with New Vendor and Two-Year Budget

Joliet Junior College Board of Trustees Meeting | October 15, 2025 Article SummaryJoliet Junior College is entering the next phase of its Enterprise Resource Planning (ERP) system overhaul, with the...
Screenshot 2025-11-06 at 4.17.02 PM

Will County Committee Shapes 2026 Legislative Agendas on Housing, Energy, and Health

Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025 Article Summary: The Will County Legislative Committee advanced key priorities for its 2026 state and federal legislative agendas, focusing...
Joliet-Junior-college.-Graphic-Logo.4

JJC Authorizes Land Buy for Grundy County Expansion, Secures Site in Morris

Joliet Junior College Board of Trustees Meeting | October 15, 2025 Article SummaryThe Joliet Junior College (JJC) Board of Trustees has authorized negotiations for a land acquisition to build a...
will county board graphic

Commission Grants Green Garden Solar Farm Project Variance Extension

Will County Planning and Zoning Commission Meeting | November 4, 2025 Article Summary: The Will County Planning and Zoning Commission granted a 180-day extension for two variances related to a commercial...
Screenshot 2025-11-06 at 7.52.36 AM

Peotone School Committee: Issue $4.85M Bond to Cover Deficit, Maxing Out Debt Capacity

Peotone School Board Committee of the Whole Meeting | October 27, 2025 Article SummaryPeotone School District 207-U is preparing to issue up to $4.85 million in working cash bonds to...
Will Dial-A-Ride Service

Will County Committee Advances Phased Takeover of Central Will Dial-A-Ride Service

Will County Public Works & Transportation Committee Meeting | November 2025 Article Summary: The Will County Board approved a five-year plan to consolidate the Central Will Dial-A-Ride service into its...
Everyday Economics: Rate cut debate: Reading mixed signals in a fragile economy

Everyday Economics: Rate cut debate: Reading mixed signals in a fragile economy

By Orphe DivounguyThe Center Square The Federal Reserve cut interest rates last week, but the decision was far from unanimous. Two members of the Federal Open Market Committee (FOMC) dissented...
Arizona looks to legal immigration with Trump's border security

Arizona looks to legal immigration with Trump’s border security

By Andrew RiceThe Center Square As President Trump approaches the one year mark in office, apprehensions at the southern border have dropped significantly. States along the southern border, including Texas,...
Ranchers decry beef imports from Argentina, expert says good start

Ranchers decry beef imports from Argentina, expert says good start

By Brett RowlandThe Center Square Consumers feeling the pang of high beef prices at the grocery store may see some relief from a plan to import beef from Argentina but...