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

Meeting-Briefs

Meeting Briefs: Frankfort Square Park District for May 15, 2025

At its annual organizational meeting, the Frankfort Square Park District Board of Commissioners swore in four members, re-elected its leadership, and reviewed its strong end-of-year financial report. The district’s funds...

Lincoln Way District 210 Achieves Highest Bond Rating in History

Lincoln Way Community High School District 210 has reached its highest-ever bond rating of AA3 from Moody's and A+ from Standard & Poor's, culminating a remarkable recovery from financial challenges...
Screenshot-2025-06-05-at-1.43.56-PM

District Recognizes Outstanding Student Readers in Statewide Program

Lincoln Way Community High School District 210 recognized exceptional students who completed the Read for a Lifetime program, with several achieving the rare distinction of reading 100 books over four...
Screenshot-2025-06-05-at-1.43.14-PM

Board Meeting Shorts

Budget Amendment Approved: The board approved amendments to the fiscal year 2025 budget totaling $121.7 million in revenue and $120.1 million in expenses. Changes primarily reflect bond proceeds and related...
Screenshot-2025-06-05-at-1.43.56-PM-1

Student Council Presidents Highlight Senior Year Accomplishments

Lincoln Way's three student council presidents delivered their final speeches of the school year, highlighting major accomplishments and memorable events before graduating this weekend. Jason Sro from Lincoln Way Central...
Screenshot-2025-06-16-at-3.26.08-PM-1

Will County Board Meeting Briefs Package

COUNTY APPOINTMENTS Fire Protection District: Board approved county executive appointments to Manhattan Fire Protection District board. Agricultural Committee: Approved appointment to Agricultural Area Committee with Member Judy Ogala abstaining due...
frankfort-park-district.1

Frankfort Park District Reorganizes Board, Explores Options for Tax-Impacting Projects

FRANKFORT – The Frankfort Park District Board seated its re-elected members, reorganized its leadership, and approved its new annual budget on Tuesday, while also revealing it is actively exploring options...
frankfort-park-district

Aging Sara Park Building Poses Challenge for Park District

The Frankfort Park District is grappling with how to address the deteriorating Sara Park building, whose roof is in "bad shape" and whose location within a flood plain complicates any...
frankfort-park-district.1

Meeting Briefs: Frankfort Park District Board for May 13, 2025

The Frankfort Park District Board of Commissioners re-elected its leadership team for a new term and approved its fiscal year 2025-2026 budget at its meeting on Tuesday. The board also...
lincoln-way-school-district

Lincoln-Way Board Approves Up to $31.3 Million Bond Sale for Safety, Security Upgrades

The Lincoln-Way Community High School District 210 Board of Education unanimously approved a resolution to issue up to $31.33 million in life safety bonds to fund a wide range of...
frankfort-square-park-district.2

Frankfort Square Park District Approves Budget Amid County Tax Adjustment, Funds Major Projects

The Frankfort Square Park District Board of Commissioners unanimously approved its operating budget for the 2025-2026 fiscal year during its April 17 meeting, earmarking funds for major ongoing projects and...
default

Lincoln-Way School Board Certifies Election, Re-elects Janik as President

The Lincoln-Way Community High School District 210 Board of Education officially reorganized for the upcoming year during its meeting on April 17, certifying the results of the April 1 consolidated...
lincoln-way-school-district

New Electricity Contract to Save Lincoln-Way Over $500,000 Next Year

Lincoln-Way High School District 210 is poised for significant energy cost savings after the Board of Education unanimously approved a new 54-month electric commodity contract with Direct Energy. The agreement,...
frankfort-square-park-district.1

Four New Commissioners to Join Frankfort Square Park District Board in May

Four newly elected commissioners are set to join the Frankfort Square Park District Board in May, following the April 1, 2025, Consolidated Election. Executive Director Audrey Marcquenski formally congratulated Lauren...
Meeting-Briefs

Meeting Briefs: Frankfort Square Park District for April 17, 2025

The Frankfort Square Park District Board of Commissioners met on April 17 to approve its annual budget, discuss new projects, and hear departmental updates. The district approved a nearly $5...