LND topic: budget-gap page 1

budget gap

University Makes Tough Cuts to Balance the Books

December 23, 2025

A university is making some big changes to its course offerings. They are saying goodbye to four degree programs. This is not a small deal. It is a big step to fix a money problem. The university has a budget gap of $4. 5 million. That is a lot of money. They need to find a way to make ends meet. T

finance

Big Budget Problem for Cook County in 2025

October 7, 2024

Cook County has a big problem on its hands. The county is looking at a $218 million budget gap next year. Why such a huge gap? Well, it's mainly because of the raises given to county employees and the increasing pension payments that come with those raises. But here's an interesting twist – this yea