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Peoria Public Schools could be forced to cut all extracurricular activities, from sports to clubs, if state funding doesn't come through in the…
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The latest chapter in Illinois' protracted budget battle will play out this week when Republican Gov. Bruce Rauner gives lawmakers his spending plan for…
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Illinois’ budget deficit is a billion dollars more than initially predicted. Comptroller Leslie Munger, who signs checks for the state government,…
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Officials with Chicago Public Schools say they're sending layoff notices to 227 administrative employees and closing up another 180 positions that were…
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A Chicago Public Schools official says the district will lay off some of its central office staff on Friday. The announcement comes a day after Republican…
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A major credit rating agency has downgraded Chicago Public Schools' rating deeper into "junk" status. Fitch Ratings lowered the rating to B-plus, citing…
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House Speaker Michael Madigan says the state's income tax should be restored to the 5% level it was at until January.The Chicago Democrat told a City Club…
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Illinois residents may be aware of the state’s budget deficit and the severe under funding of its public pension systems. But a new report identifies a…
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Illinois Democrats advanced more of their budget Wednesday, despite the deficit it would create. At the same time they squashed some of the Republican…
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Illinois House Democrats are introducing a 2016 budget they say cuts spending more modestly than Republican Gov. Bruce Rauner's proposal. The majority…