Pritzker sticking to proposal to fully fund pensions
It’s not clear if Pritzker’s plan, nor a plan supported by labor unions, will be considered in Springfield this year.
It’s not clear if Pritzker’s plan, nor a plan supported by labor unions, will be considered in Springfield this year.
Several state agencies will forgo hiring and keep funding in reserve to save money in the coming months.
Illinois education officials seek modest funding increase amid budget uncertainty.
Welch said state lawmakers will be focused on affordability issues when they return to Springfield.
Flat revenue and increasing demands for state funding elsewhere could mean lean times ahead for Illinois schools.
The board submits its request to the governor and lawmakers at the start of each year.
Tax policy changes could largely eliminate a projected deficit in the current fiscal year.
Gov. JB Pritzker said the One Big Beautiful Bill and tariffs will put pressure on the economy and state budget.
Illinois received $54 billion in revenue in fiscal year 2025 that ended June 30.
Illinois labor unions have been working for years to seek better benefits for Tier 2 employees.