Cook County projects budget shortfall
— June 22, 2023Cook County is projecting a $85 million budget shortfall for fiscal year 2024, but residents are not expected to see any more money coming out of their pockets to cover the gap. In…
Tag: Budget
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Latest forecast still shows enough revenue to fund Pritzker budget
— May 4, 2023SPRINGFIELD – The state’s Commission on Government Forecasting and Accountability has decreased its current-year budget forecast by $728 million, erasing much of a once-predicted…
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Pritzker lays out big plans while citing strong fiscal picture
— February 15, 2023SPRINGFIELD – Gov. J.B. Pritzker proposed a state budget Wednesday, Feb. 15 that anticipates continued strong revenue receipts even as federal COVID-19 stimulus funds dry up, allowing…
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Pritzker signs final first-term budget ahead of reelection push
— April 19, 2022SPRINGFIELD – Gov. J.B. Pritzker signed his final first-term budget into law Tuesday, April 19 a roughly $46 billion spending plan buoyed by pandemic-driven revenue windfalls and…
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State’s revenue picture improves as economy recovers
— May 14, 2021SPRINGFIELD – Illinois budget officials said Thursday, May 13 that revenues are flowing into state coffers at a faster pace than previously estimated, meaning lawmakers will have…
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Lawmakers promote their own spending priorities after budget address
— February 16, 2023SPRINGFIELD – Even factoring in the possibility of a “mild recession” this year, the proposed budget Gov. J.B. Pritzker laid out on Wednesday, Feb. 15 includes nearly $50 billion…
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Pritzker, Mendoza tout state’s record ‘rainy day fund’ balance
— June 13, 2022The state’s “rainy day” fund —spent down to essentially nothing during the 2015-2017 budget impasse — now has its highest-ever balance of $750 million after a $320 million…
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Pritzker to propose tax relief in budget address
— January 31, 2022SPRINGFIELD – Gov. J.B. Pritzker will propose a roughly $1 billion package of tax relief measures aimed at mitigating the impact of inflation on Illinois consumers when he gives his…
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