News

Changes Afoot for how State Budget is Set?

Changes Afoot for how State Budget is Set?

Photo: Newsradio WTAX

A state senator wants Illinois to do some longer-term planning: to budget two years at a time.

A biennial budget would require a change to the Constitution – thus, a public vote. State Sen. Jason Barickman (R-Bloomington) says the state has just squandered an opportunity.

When they passed the 67 percent tax increase (the state income tax; from three percent to five percent) back in 2011,” says Barickman, “I wish then they would have painted the longer-term picture about how they were going to pay down our bills and let that tax increase roll back (to 3.75 percent) which, as you remember, is what they promised to do.” Without action otherwise, the flat income tax will revert to 3.75 percent after Dec. 31, halfway through the upcoming fiscal year.

If this comes to pass, it would make Illinois the twentieth state with a biennial budget.

Recent Headlines

in Local

Human Remains in Rochester Identified

rochester police

The Sangamon County Coroner's Office has identified the female remains found in Rochester on July 19th.

in Local

Sangamon County Leads State in Tourism Growth

Updated
Lincoln's_Tomb

Numbers released by the Illinois Office of Tourism indicates the Springfield area continues to be a big draw for visitors.

in Local

More Money Toward City Pensions? Not So Fast, Say Budgeteers

municipalcenter

Some Springfield aldermen want to take a budget windfall and put it toward police and fire pensions, but city budgeteers are advising against it at the moment.

in Local

Police Arrest 5 in Shooting, Crash at Dirksen & South Grand

Updated
accident_southgrand

Police have arrested five people in connection with a shooting turned high speed chase turned crash late Tuesday night.

in Local

Springfield Police Seek Tips on East Side Armed Robbery

gun

Springfield Police are looking for help solving an armed robbery at an east side bar.