Illinois Budget Latest

Wednesday, 28 June 2017

Illinois lawmakers are continuing efforts to seal a state budget deal.

House Democrats could call a vote Wednesday on a statewide property tax freeze that would make exceptions for Chicago, distressed school districts and cities trying to pay off long-term debt and make contributions to police and fire pension programs.

The property tax freeze is a long-standing demand of Republican Gov. Bruce Rauner in exchange for the state's first budget in two years.

Republicans will examine a budget presented to them Tuesday.

House Democrats said it's a $36.5 billion outline dependent on $5 billion in increased income taxes.

It also cuts spending by $3 billion and boosts education spending by $350 million.

Lawmakers face a deadline of Friday for agreeing to a budget before a new fiscal year begins Saturday.

Older Articles Newer Articles