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

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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 bottom […]

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