budget shortfall

Next year the state will have a new way to dispose of dead bodies where no next of kin is found or families don’t have the means to pay for a burial… and it could benefit students.

City Council Grapples With Budget Shortfall

Oct 4, 2017

The city of Peoria faces a budget gap of about $5.5 million this year, a deficit that grows to nearly $8 million next year if no changes are made.

Chicago Mayor Rahm Emanuel used his annual budget speech to laud the cash-strapped city for being "back on solid ground."  Emanuel told members of the Chicago City Council that the 2017 budget he's proposing is free of a pension crisis and insolvency threatening city employee retirements. 

As Illinois lawmakers grapple with a budget shortfall, a measure to impose a tax on millionaires' income came up short.