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Pritzker proposes $28 million increase in MAP grant funding for FY22 budget

DeKALB  – Governor J.B. Pritzker announced Wednesday during his annual State of the State address that higher education funding is “fully protected” in the proposed fiscal year 2022 budget despite COVID-19 impacts.  A pre-recorded speech of Pritzker’s State of the State and budget address aired Wednesday, where he proposed $41.6 billion in spending for the...
United States Lisa Freeman Kierra Frazier Common Application Partnership Program Monetary Award Program Justinl Fowler Associated Press Gov

No tax hike in slimmer Illinois budget, but it closes some corporate tax loopholes

Gov. J.B. Pritzker on Wednesday presented a slimmer state budget with no income tax increases but a reliance on federal relief from the COVD-19 pandemic, transfers from other funds and elimination of hundreds of millions of dollars of corporate tax breaks needing legislative approval.
United States Western Springs Todd Maisch Jim Durkin Laura Murphy Monetary Award Program

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Capitol Fax.com - Your Illinois News Radar » *** UPDATED x2 *** Pritzker unveils budget plan

✓State Employee and Retiree Health Care Savings – the administration has negotiated over $900 million in health care cost savings. ✓ Estimated $650 million in collectively- bargained cost savings with employees through FY23. ✓ An additional $260 million in savings achieved through negotiated insurance rates and contract terms with providers. —- Behind the fancy savings language, I’m reading more delayed payments for health providers to state employees and retirees. Possibly higher ...
Kankakee County United States Illinois State Library University Of Chicago Mclean County University Of Illinois

Lawmaker Questions Increased Budget for Illinois Board of Higher Education

WBGZ Radio 1/22/2021 | By Kevin Bessler - Illinois Radio Network The Illinois Board of Higher Education has approved a $2.1 billion budget request at a time when the state faces a multi-billion dollar budget gap. The 2022 fiscal year budget proposal would reflect a 4.5 percent increase for general funds, excluding the State University Retirement System. The board said it aims to close equity gaps in higher education outcomes. “This budget recommendation reflects a down payment on the strateg...
United States John Atkinson Dan Brady Monetary Award Program University Retirement System Illinois Board

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