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Five-year forecast from governor’s budget office indicates Illinois still facing structural budget hole

Gov. J.B. Pritzker is pictured in his Capitol office with fellow Democrats, House Speaker Emanuel “Chris” Welch and Senate President Don Harmon, at a news conference announcing a fiscal year 2024 budget plan in May 2023. Nearly halfway through the fiscal year, the governor’s budgeting office is now projecting a $1.4 billion surplus. (Capitol News Illinois photo by Jerry Nowicki)

With Illinois lawmakers scheduled to return to legislative session in less than a month, a recent government fiscal forecast provides an overview of the budgeting landscape that awaits them.  The […]

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