Rauner warns cabinet members to prepare for cash to run out

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Gov. Bruce Rauner (U.S. Air National Guard photo by Staff Sgt. Lealan Buehrer/Released)

SPRINGFIELD, Ill. (AP) _ Illinois Gov. Bruce Rauner is asking heads of state agencies to prepare for state funds to run out if he and Democratic lawmakers can’t reach a deal on a 2016 budget.

The Republican governor addressed members of his cabinet Wednesday.

He says the more than $400 million in cuts he announced Tuesday for the fiscal year that begins July 1 is “just the first step” to reduce spending. He warned them to be ready for possible restructuring.

Democrats approved a $36.3 billion budget that’s more than $3 billion short of revenues. Rauner says he won’t sign an unbalanced budget. He wants lawmakers to approve his legislative priorities _ such as a property tax freeze _ before he’ll consider a tax increase.

House lawmakers return to Springfield on Thursday.