illinois revenue

This week, Governor J.B. Pritzker’s Budget Office released its estimates of Illinois’ budget shortfall due to the COVID-19 pandemic for this fiscal year…

Concerns over the Illinois state budget are growing with the increasing impact of the novel coronavirus pandemic on the nation’s economy. Guests on the…

With the dysfunction in Illinois politics, state government this year is projected to spend as much as $13 billion more than it will collect in taxes. And…

Illinois has hit a cash flow problem and will not be ably to make its monthly pension payment in November and possibly December. The state's inability to…

As Illinois faces major budget problems, everyone has a different answer for which services to cut and which taxes to raise.Mike Nobis is worried. His…

Although the search for a way out of the state’s public pension mess has been the focal point in Springfield for the past two years, it’s not the only…

Democrats and Republicans fully expected to make tough choices this year. As they react to the 17th month of a national recession and a $12.4 billion…

Dark clouds could be on the horizon for state coffers, as the slumping national economy appears to be eroding the upbeat revenue forecasts used to craft…