budget

Moody’s downgrades 7 Illinois universities, 5 are junk

By Ted Dabrowski, John Klingner
06/13/2017
Illinois universities have hiked tuition and relied on state subsidies to pay for exorbitant administrative salaries — and now credit rating agencies are punishing them for that destructive behavior.

TAGS: budget, credit rating, CSU: Chicago State University, EIU: Eastern Illinois University, higher education, Illinois Board of Higher Education, Moody's Investor Service, NIU: Northeastern Illinois University, University of Illinois, University of Illinois at Urbana-Champaign, WIU: Western Illinois University

Fact-checking Madigan: Rauner’s agenda is packed with budgetary items

By Michael Lucci
06/01/2017
Though Illinois Democrats insist Gov. Bruce Rauner’s reform agenda has nothing to do with the state’s budget, Rauner’s original proposed spending reforms would allow the state to balance its budget without hitting up taxpayers for more revenue.

TAGS: Bruce Rauner, budget, collective bargaining, consolidation, local government consolidation, Mike Madigan, pensions, prevailing wage, workers compensation