SPRINGFIELD, Ill. (AP) – The Illinois Legislature plans to reconvene next week as the state approaches a second year without a budget. Senate President John Cullerton told members Thursday they should return to Springfield on Wednesday. The House also is expected to be in session. Lawmakers have been working on a stopgap budget to fund schools…
O’Fallon, IL (KTRS) The fallout continues due to the lack of a state budget in Illinois. The Illinois Department of Transportation plans to begin shutting down state administered construction projects beginning June 30th due to the state budget impasse. Officials with the city of O’Fallon say this will affect numerous projects in that area. Illinois…
SPRINGFIELD, Ill. (AP) – Gov. Bruce Rauner says he doesn’t want to call the General Assembly into special session for votes on a budget even though there are just 10 days left in the fiscal year. The Republican told reporters Tuesday that special sessions in the recent past have produced only hotter tempers. Rauner says…
The General Assembly adjourned May 31 without a budget deal for the second year in a row
MOUNT STERLING, Ill. (AP) – One small central Illinois community is considering shutting off water to its prison because it’s owed nearly $370,000 from the state during the nearly yearlong budget stalemate between Democrats and Republican Gov. Bruce Rauner. The Mount Sterling City Council plans to vote Monday on whether to cut off water at…
Last year lottery winners sued when the state withheld winnings because of lack of a budget
CHICAGO (AP) – The unemployment rate dropped across Illinois in May to 6.4 percent, but state officials attributed the drop to a decrease in the size of the state’s workforce. The Illinois Department of Employment Security said Thursday that unemployment fell from 6.6 percent in April. It was the first decline in the jobless rate…
SPRINGFIELD, Ill. (AP) – Illinois has borrowed $550 million for construction at what Gov. Bruce Rauner’s administration says is a record-low interest rate despite the state’s beleaguered financial position. Rauner’s office announced Thursday that it sold $550 million in bonds at an interest rate of 3.7 percent. That’s below the 4 percent interest offered when…
SPRINGFIELD, Ill. (AP) – Gov. Bruce Rauner’s administration says it wants to bypass a legal recommendation in order to expedite the resolution of its case on whether negotiations have stalled between the state and the largest state worker’s union. Rauner’s administration says a quick resolution will help Illinois save $35 million to $40 million per…
CHICAGO (AP) – Illinois Treasurer Michael Frerichs says the state loses $2.6 million a month in investment income because of the ongoing state budget impasse. The Democrat in charge of investing state money said Tuesday that his office changed strategies last summer to shorter-term less lucrative investments instead of long-term ones because the state had…