The budget calls for spending $96.1 million with revenues topping the $100 million mark for the first time in district history, thanks to an increase in federal dollars.
When Mike Troup took office as Quincy’s mayor last May, he had to work with the budget the previous administration and City Council had approved.
The proposed $47.2 million budget is $2 million lower than the final FY 2022 budget, but is nearly $8 million higher than the budget approved last April.
A House revenue committee this week heard projections of an Illinois economy that is steadily moving back toward a level of pre-pandemic normalcy, which means revenue spikes realized due to temporary changes in consumer spending habits and federal stimulus packages are expected to subside.
Gov. JB Pritzker on Wednesday offered a $45.4 billion general revenue budget plan for the upcoming fiscal year that would include new spending on education and health care while also providing about $1 billion in tax relief that he said would soften the impact of inflation on Illinois consumers.
SPRINGFIELD – Gov. JB Pritzker will propose a roughly $1 billion package of tax relief measures aimed at mitigating the impact of inflation on Illinois consumers when he gives his budget address Wednesday.
QUINCY — The Adams County Board unanimously passed its fiscal year 2022 budget Tuesday night that absorbs increases in personnel and employee health insurance. It is a nearly $1.8 million increase over the FY2021 budget. The $61.5 million spending plan calls for four new corrections employees to accommodate the new jail and an additional $600,000 […]
Federal money to fund housing, violence prevention, capital projects By PETER HANCOCKCapitol News Illinoisphancock@capitolnewsillinois.com SPRINGFIELD – Illinois lawmakers worked into the early hours of Tuesday morning to pass a $42.3 billion state budget plan for the upcoming fiscal year that Democrats say would fully fund K-12 education and the state’s pension obligations while also paying […]