balanced budget

via IL Senate Democrats Twitter account

Ongoing budget talks at the Illinois Statehouse have shown no real sign of progress. This week, Senate Democrats pressed Governor Bruce Rauner’s administration this week to explain its proposal to shift pension costs to local school districts.


TaxCredits.net / https://creativecommons.org/licenses/by/2.0/

Commentary: Gov. Bruce Rauner recently criticized the Democrats for passing a spending plan that is more than a billion dollars out of balance, according to analysis from his budget office. That same report noted that if one-time revenues are included, the state could see a surplus at the end of the year.

flickr/ TaxCredits.net

New projections show nibbling around the edges of the state’s budget problems will get Illinois nowhere. 

House floor
Brian Mackey / WUIS

Illinois has a constitutional requirement that its budget must be balanced — spending has to equal revenues every year. But is the Illinois budget ever really balanced?

Brian Mackey put that question to two people who closely follow Illinois' finances: Charlie Wheeler, director of the Public Affairs Reporting at the University of Illinois Springfield, and Jamey Dunn, editor of Illinois Issues.