10:35 pm
Tue May 19, 2015

East Peoria considers array of budget options

The City of East Peoria is looking at possible options to help balance its books in the long-term.  The move comes amid looming state budget cuts:

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State News
6:30 am
Tue March 24, 2015

Illinoisans say more revenue and less budget cuts

When lawmakers in Springfield begin crafting a state budget for next year they'll have $2 billion less to work with than they had last year.  That decrease stems from a drop in state's income tax rate, but a new survey says Illinoisans would be up for new revenue, if it meant fewer cuts.

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4:27 pm
Mon October 6, 2014

Peoria County proposing voluntary retirements, unpaid leave to cut costs

The Peoria County Board will consider approving a Voluntary Retirement plan to help tackle a $3.5 million deficit next year. Officials say the goal is to get 40 employees to voluntarily retire, saving about $2 million. Peoria County Board member Andrew Rand says that both Board members and elected officials agreed to use an outside consultant to find more ways to save money:

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3:44 pm
Thu August 7, 2014

Bloomington Pantagraph Owner Revenue Continues Slide

The parent company of Bloomington's Pantagraph Newspaper lost $9.7 million in the most recent quarter. Lee Enterprises reports that compares to a $1.8 million profit in the quarter ending in June of last year. And even though revenue of $163 million fell 2.3%, CEO Mary Junck said during a conference call that revenue trends are favorable:

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State News
4:55 pm
Wed July 9, 2014

Illinois sees growth in tax revenue

2014 is only halfway over, but Illinois' new fiscal year just began last week.  The state closed out its year with a billion-dollar growth in tax revenue.

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6:00 am
Mon March 17, 2014

Can sin help Illinois’ budget?

When Illinois lawmakers are in need of more revenue, they often turn to sin.  

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