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

Colorado gubernatorial candidates debate economic issues

Colorado gubernatorial candidates debate economic issues

By Liam HibbertThe Center Square Two Democrats and three Republicans have pulled ahead in Colorado's crowded race for the soon-to-be vacant Governor’s Office. Following Democratic Gov. Jared Polis’ term limit,...
U.S. launches retaliatory strikes against Iran

U.S. launches retaliatory strikes against Iran

By Sarah Roderick-FitchThe Center Square United States military strikes were launched in retaliation against Iran on Friday. President Donald Trump said the Islamic Republic targeted a cargo ship with drones...
Illinois sued over prediction market law imposing new taxes, regulations

Illinois sued over prediction market law imposing new taxes, regulations

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A lawsuit against a new Illinois law taxing prediction markets has been filed in federal court, presenting...
Epstein's billionaire associate subpoenaed after refusing to answer oversight committee

Epstein’s billionaire associate subpoenaed after refusing to answer oversight committee

By Thérèse BoudreauxThe Center Square U.S. lawmakers on the House Oversight Committee appeared stunned after billionaire Leon Black, a close associate of the late convicted sex trafficker Jeffrey Epstein, walked...
Energy institute launches website criticizing use of 'extreme' climate scenario

Energy institute launches website criticizing use of ‘extreme’ climate scenario

By Tom JoyceThe Center Square The American Energy Institute launched a new website that argues governments, researchers, and other institutions relied on an extreme climate scenario long after scientists questioned...
Trump threatens 100% tariff over European digital services taxes

Trump threatens 100% tariff over European digital services taxes

By Brett RowlandThe Center Square President Donald Trump threatened Friday to impose a 100% tariff on any country that implements a digital services tax on U.S. technology companies, a move...
Trump teases 'you'll find out' on U.S. response to Iranian drone attack

Trump teases ‘you’ll find out’ on U.S. response to Iranian drone attack

By Sarah Roderick-FitchThe Center Square Following drone attacks by Iranian forces on a ship transiting the Strait of Hormuz, President Donald Trump told reporters that they will find out if...
Military responds swiftly to devastating Venezuelan earthquakes

Military responds swiftly to devastating Venezuelan earthquakes

By Sarah Roderick-FitchThe Center Square The U.S. has already begun deploying several civilian and military assets to Venezuela following two massive earthquakes. The South American country was struck by a...

WATCH: Eight years later, quiet opt-out rules can’t stop millions saved in union dues

By Carleen JohnsonThe Center Square Saturday June 27 marks eight years since the landmark Janus v. AFSCME decision where the U.S. Supreme Court ruled that public employees have a right...
Accounting analyst: SEC should examine Illinois pension funding

Accounting analyst: SEC should examine Illinois pension funding

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois is less tardy than usual with its Annual Comprehensive Financial Report for fiscal year 2025, but...
Illinois Quick Hits: Chicago man arrested in connection with planned attack at White House

Illinois Quick Hits: Chicago man arrested in connection with planned attack at White House

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A Chicago man has been arrested in connection with a planned attack that allegedly targeted the Ultimate...
Costar shareholders re-elect directors, resist external pressure

Costar shareholders re-elect directors, resist external pressure

By Tom JoyceThe Center Square CoStar shareholders overwhelmingly backed the company’s board and chief executive after months of pressure from activist investors. CoStar Group Inc. said shareholders reelected every director...
Trump accuses Iran of violating ceasefire after drone attack on cargo ship

Trump accuses Iran of violating ceasefire after drone attack on cargo ship

By Sarah Roderick-FitchThe Center Square Two weeks after the U.S. and Iran signed a memorandum of understanding, agreeing to enter a 60-day ceasefire, President Donald Trump is accusing the Islamic...
Legislature takes more measures against firms opposing redomiciling in Texas

Legislature takes more measures against firms opposing redomiciling in Texas

By Bethany BlankleyThe Center Square Texas lawmakers are taking additional measures against proxy advisory firms that oppose companies redomiciling to Texas as Dell shareholders approved redomiciling to Texas from Delaware...
Mistrial declared in federal Palisades Fire arson case

Mistrial declared in federal Palisades Fire arson case

By Chris WoodwardThe Center Square A mistrial was declared Friday morning in the federal arson trial of Jonathan Rinderknecht, charged with starting what became the Palisades Fire, one of Los...