Illinois budget

Attention turns to volatile FY26 forecast as uncertainty continues

Democrats monitoring Congress for actions that could force changes to budget

Leaders warn lawmakers have little room to expand state programs

Move comes as lawmakers enter final two-week stretch of budget negotiations

Forecasters predict revenue growth in current fiscal year will miss the mark.

Lawmakers were on track to blow their self-imposed deadline to pass a state spending plan, as Democratic leaders tangle over a proposed increase to the tax rate paid by sportsbooks, as well as a rollback of tax discounts for retailers.

With governor’s $1.1 billion plan in question, General Assembly considers its options

A five-year forecast from gov’s budget office indicates Illinois still facing structural budget hole.

Self-described ‘party pooper’ comptroller eyes socking away even more in coming years

Budget includes investments in education, violence prevention and business incentives