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

Advocates call on tax reform to reduce national debt

Advocates call on tax reform to reduce national debt

By Andrew RiceThe Center Square Advocates called on lawmakers to redesign the United States’ tax system on Thursday in order to address the rising national debt. The national debt surpassed...
Supreme Court allows mail-order abortion drugs

Supreme Court allows mail-order abortion drugs

By Andrew RiceThe Center Square The U.S. Supreme Court on Thursday ruled that women can continue to access abortion drugs through the mail without making an in-person doctor's visit, while...
McCuskey, coalition of AGs urge SEC to review OpenAI

McCuskey, coalition of AGs urge SEC to review OpenAI

By Chris Dickerson | Legal NewslineThe Center Square West Virginia Attorney General J.B. McCuskey has joined a coalition of 10 states in a letter to the U.S. Securities and Exchange...
Springfield strains for balanced budget; Illinois revenue forecast shifts down

Springfield strains for balanced budget; Illinois revenue forecast shifts down

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Illinois is projected to see less tax income than state agencies previously expected due to a variety...
DOJ targets healthcare fraud in California, Arizona, Nevada

DOJ targets healthcare fraud in California, Arizona, Nevada

By Zachery SchmidtThe Center Square The U.S. Department of Justice has created a new task force to fight healthcare fraud in three Western states. The West Coast healthcare Fraud Strike...
Illinois Quick Hits: University of Chicago to offer free tuition

Illinois Quick Hits: University of Chicago to offer free tuition

By Sean Reed | The Center SquareThe Center Square (The Center Square) – University of Chicago, a private university, will begin to offer free tuition to families with an income...
Human capabilities focused in student, teacher artificial intelligence guide

Human capabilities focused in student, teacher artificial intelligence guide

By Alan WootenThe Center Square Teacher’s guide learning modules and self-assessment tools for students are part of the third annual Student Guide to Artificial Intelligence, a production of Elon University,...
U.S. House to vote on bills targeting fraudulent, foreign election donations

U.S. House to vote on bills targeting fraudulent, foreign election donations

By Thérèse BoudreauxThe Center Square The U.S. House committee that oversees election laws advanced multiple bills Thursday to stop fraudulent campaign donations and foreign influence in elections. Three of the...
Responses due in Virginia redistricting appeal

Responses due in Virginia redistricting appeal

By Shirleen GuerraThe Center Square Responses are due by 5 p.m. Thursday in Virginia’s emergency appeal to the U.S. Supreme Court over the commonwealth’s congressional redistricting dispute, as outside groups...
Illinois Republicans blame taxes, lawsuits after Morton Salt exits Chicago

Illinois Republicans blame taxes, lawsuits after Morton Salt exits Chicago

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Republican lawmakers are warning that the departure of iconic salt producer Morton Salt from Chicago is...
Data center regulations weighed; some worry over jobs, energy, taxes

Data center regulations weighed; some worry over jobs, energy, taxes

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Major bills in both the state Senate and House may heavily regulate data centers in the state....
Solutions differ for Chicago Public Schools' potential $1B deficit

Solutions differ for Chicago Public Schools’ potential $1B deficit

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Chicago Teachers Union says the city’s public schools could face a $1 billion budget deficit if...
Illinois ranks 46th out of 50 states for financial transparency

Illinois ranks 46th out of 50 states for financial transparency

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A new report ranks Illinois 46 out of 50 states for financial transparency, partly due to the...
U.S. Supreme Court rules against trucking industry

U.S. Supreme Court rules against trucking industry

By Andrew Rice | The Center SquareThe Center Square (The Center Square) - The U.S. Supreme Court, in a unanimous decision Thursday, agreed that states can protect individuals injured in...
Illinois Quick Hits: Dems look at Chicago for national conventions

Illinois Quick Hits: Dems look at Chicago for national conventions

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The Democrat National Convention’s committee on site selection visited Chicago this week, again considered the city for...