Senate Bill 1, a bill that would affect school funding, passed the Illinois Senate last week. According to an analysis by the Illinois State Board of Education (ISBE) obtained by West Cook News, 26 West Cook County schools would lose some of their funding, while 12 schools would see an increase.

Sen. Andy Manar (D-Bunker Hill) is demanding a state investigation after the Kankakee Times reported on the anticipated district-by-district financial impact of his Senate Bill 1, which promises to change the state's formula for dispensing money to public schools.

The buckling stops here, Gov. Bruce Rauner said during a call-in radio show recently.

As a state lawmaker, Frank Mautino paid nearly $12,500 in campaign fund cash to a man named Joe without keeping any supporting receipts, according to a government oversight group.

Financial expert Mark Glennon of Wilmette says in his analysis of a new study on state and local pensions that the options available to reduce the substantial obligations facing Illinois funds include amending the state constitution or going through federal bankruptcy.

Illinoisans pay more in total taxes than anyone else in the nation, so any thoughts about adding to that burden need to be forgotten, a tax analyst argued recently.

Without the help of Republicans, Senate Democrats voted Tuesday to fix the budget by raising the Illinois income tax and expanding the sales tax.

West Cook County schools would be net winners of state funding under a bill that passed the Illinois State Senate Wednesday.

Rep. Jeanne Ives (R-Wheaton) chastised the House for its lack of progress on a state budget estimate, calling it a failure of the chamber.

The Illinois State Board of Elections slapped a $5,000 fine on Auditor General Frank Mautino's campaign committee on Monday for failing to comply with board order to update financial disclosure reports filed in 2014 and 2015.

Illinois can't grow unless its small businesses grow, Gov. Bruce Rauner told owners and employees of several of the state's 1 million such businesses on a brief tour recently.

There won't be any coming back for high-wage earners who will exit Illinois in a hurry if the so-called "Illinois Comeback Agenda" passes, a financial services professional said.

A measure that appears to undermine efforts to establish groundwater monitoring rules for construction debris fill operations at unlined quarries has sailed through the House and now awaits Senate approval.

The families of two firefighters who died in the line received the Duty Death Gold Badge in honor of their lost loved ones at the 24th Annual Fallen Firefighters Memorial Service on Tuesday.

If Illinois wants to save its economy, it's got to stop killing its businesses, Hanover Township Clerk Katy Dolan Baumer told the West Cook News.

Ret. Gen. David Petraeus, perhaps best known for leading the American military efforts in Iraq under Presdent George W. Bush, will provide the keynote address at the 6th Annual Navy Seal Foundation's "Chicago Evening of Tribute," a fundraising event that supports Naval Special Warfare (NSW) families.

Illinois lawmakers are butting heads over budget allocations while state offices and embattled municipalities manage with a minimum amount of money.

A taxpayer advocacy group is warning Berwyn residents that they could see their property taxes jump 17 percent if they approve a South Berwyn School District 100 referendum on Tuesday.

A College of DuPage trustee was apparently advised to destroy a public record by a former legal counsel while several criminal investigations were taking place at the college, according to documents obtained by the Edgar County Watchdogs, a public advocacy group.

The campaign committee Bellwood Pride Party owes a $500 fine imposed on Nov. 18, 2008.