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Rutherford presses Quinn on pension reform

CHAMPAIGN — State Treasurer Dan Rutherford said he is "cautiously optimistic" that the state's financial condition is improving but warned that Gov. Pat Quinn must push harder for a reduction in...

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Report: State revenue will stay flat this year

SPRINGFIELD — A faltering national economy will mean virtually no revenue growth in Illinois this year, even as the state tries to dig out of a backlog of about $8 billion in unpaid bills.read more

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Champaign schools' budget now shows surplus

CHAMPAIGN — The Champaign school board Monday heard a presentation on its budget for this school year at a special meeting Monday and voted unanimously to schedule a budget hearing for Sept. 24 .The...

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Flash Index stays unchanged

URBANA — The University of Illinois flash index remained at 102.9 in August, unchanged from July, indicating sluggish economic growth in the state.Economist J. Fred Giertz, who compiles the index, said...

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Brady, Rutherford see pension bill in late '12 or early '13

URBANA — Two top Republican officials in Illinois predicted Wednesday that the Legislature would approve a pension-revision bill either late this year, after the Nov. 6 election, or in early 2013.read...

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States' support for research universities dropping

Illinois has made another dubious top 10 list, ranking fourth nationally in a study that examined the steep decline in state support for America's top public research universities.read more

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Jimmy John's leaving Illinois?

CHAMPAIGN — Neither Jimmy John Liautaud nor the president of the Jimmy John's sandwich chain would comment Thursday on a report the company will move its licensing division out of state.read more

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License plate fee hike on way to Quinn

SPRINGFIELD — Illinois state parks and natural areas should receive an infusion of money for improvements under legislation approved and sent to the governor's desk on Wednesday.read more

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RTHS leader sees less state money

RANTOUL — Rantoul Township High School Superintendent Scott Amerio informed board members this week that projections indicate the district will receive anywhere between 80 percent to 85 percent of its...

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Fiscal outlook spells cuts for Danville schools

DANVILLE — When Danville schools officials look ahead to the upcoming fiscal year, they still see some big unknowns — the level of state funding, some local revenue and health insurance expenses, among...

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