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Tag Archives: budget

MORE CUTS

Western Illinois University’s President says the school will lay off 110 non-instructional staffers because of the lack of state budget.

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UNPAID BILLS PILING UP

Illinois comptroller Leslie Munger says the state’s overdue bills could hit $10 billion by June.

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TOP ISSUES

New survey finds 56% of Americans say that reducing the budget deficit should be a top priority, down 16 points from 2013. Most continue to cite the economy (75%) and terrorism (75%) as the top issues. 

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MOTOR FUEL TAX Funds

The state of Illinois is more than $181 million behind in monthly distribution of motor fuel tax revenue to municipal, county and township governments as a result of the ongoing budget deadlock. None of the money has been paid because of the lack of state spending authority,  as reported by the State Journal-Register.

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BUDGET DEAL

Senate Republican leaders Thursday endorsed a House agreement to restore a $3 billion cut contained in a two-year budget deal. The budget deal now goes to the President’s desk.

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EVEN WORSE

Pennsylvania is experiencing similar issues during their ongoing budget impasse as Illinois but with a greater impact on local governments and schools. A report from Moody Investment Services says school districts in Illinois are receiving most state aid but in Pennsylvania similar fund distributions are not being made which negatively affects local governments’ budgets.

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ILLINOIS BUDGET IMPASSE

Illinois Treasurer Mike Frerichs is warning that the absence of a state budget may have “devastating” effects on his ability to manage state finances. In a letter to top state leaders this week, he said banking and financial services his office provides to state agencies may cease if he is unable to pay vendors.

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ILLINOIS BUDGET NO MOVE IN SIGHT

If there ever was any momentum to get a state budget in place, it has evaporated heading into the second quarter of the state’s fiscal year. After meeting nearly once a week during the early months of the stalemate, the Illinois House’s next scheduled meeting will be Oct. 20, followed by another one Nov. 10…. read more

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BACK TO WORK

Congress returns to work with a long list of unfinished business to deal with this fall, including the budget, a long-term highway bill and a reauthorization of child nutrition programs. FarmWeekNow’s Deana Stroisch is with the IFB Leaders to DC tour this week and will have reports.

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STATE PAYCHECKS SET TO GO OUT AMID BATTLE

Republican Comptroller Leslie Munger is forging ahead with plans to send out full paychecks to state workers Wednesday, despite an ongoing court battle over whether – and how much – public employees can be paid while state government operates without a budget, the Chicago Tribune reports.

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