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The bottom line from the five-year forecast from the Governor’s Office of Management and Budget: The current fiscal year is now projected to end with a $1.4 billion surplus, while the upcoming fiscal year 2025 is projected to face an $891 million deficit.
Monday marked the kickoff for the 2024 election cycle, with hundreds of candidates filing their petitions at the Illinois State Board of Elections.
As winter quickly approaches, Gov. JB Pritzker on Thursday announced plans for the state to spend an additional $160 million to aid and house a sustained influx of migrants sent to Chicago from the nation’s southern border.
Collectively, Fitch, S&P Global Ratings and Moody’s Investors Service have given the Illinois nine credit upgrades since 2021
When lawmakers return to the Capitol next week for their annual fall veto session, they have a full agenda, including a handful of vetoes from Gov. JB Pritzker to consider overriding, in addition to deciding whether to revive a private school scholarship program
Beginning Monday, state courts in Illinois will be prohibited from jailing individuals who are accused – but not convicted – of crimes simply because they cannot afford to post bail while they await trial.
Six interagency law enforcement task forces received grant funding this spring to combat car thefts through an initiative of Secretary of State Alexi Giannoulias’ office
During Republican Day at the Illinois State Fair Thursday, state party leaders sought a message of unity ahead of the 2024 presidential election.
The $50.7 billion in base general revenues that Illinois collected in fiscal year 2023 – which exclude one-time pandemic-related federal funds – topped last year’s previous record by $373 million.
The motor fuel tax on gasoline, gasohol and compressed natural gas in Illinois will increase by 3.1 cents on July 1, to 45.4 cents per gallon. The tax rate for diesel fuel will also increase by 3.1 cents, to 52.9 cents per gallon.
Gov. JB Pritzker’s administration wasted no time last week in exercising new authority granted by lawmakers to limit the number of enrollees in a pair of state-funded health care programs for low-income noncitizens.
Former Gov. Bruce Rauner’s portrait has joined the “Hall of Governors” in the Illinois Capitol.
The $50.4 billion spending plan anticipates about $50.6 billion in revenues for the fiscal year that begins July 1, making for a projected surplus of roughly $183 million, according to Gov. JB Pritzker’s office.
Illinois lawmakers passed 566 bills through both chambers of the General Assembly in the recently concluded legislative session – all but one of them in May.
The Illinois House is planning to work until the early hours of Saturday morning to finalize a $50.6 billion state spending plan for the fiscal year that begins July 1.