Governor’s Office of Management and Budget

Illinois Senate passes Cullerton budget, out of balance by as much as $1.5B

By Adam Schuster

05/30/2018

State senators voted to approve the 1,245-page budget just hours after it was made public.

TAGS: budget, COGFA: Commission on Government Forecasting and Accountability, GOMB: Governor's Office of Management and Budget, Governor’s Office of Management and Budget, Illinois Senate, John Cullerton

Illinois’ new budget already has $1.7B hole despite largest permanent tax hike in state history

By Ted Dabrowski, John Klingner

10/14/2017

Every budget through 2023 will likely be unbalanced as well.

TAGS: balanced budget requirement, budget, credit rating, Governor’s Office of Management and Budget, income tax, Moody's Investor Service, taxes, unpaid bills

Tax Day 2017: Where does Illinois’ $38.1 billion in tax revenue come from?

By Craig Lesner

04/17/2017

About two-thirds of state revenue comes from income and sales taxes.

TAGS: budget, Governor’s Office of Management and Budget, Illinois Department of Revenue, income tax, taxes

Illinois’ billions: Pension debt and unpaid bills total more than $140B

By Ted Dabrowski

11/22/2016

Fiscal mismanagement by Illinois politicians has resulted in mounting deficits that are hurting the state’s economy, leading to ever-higher taxes, and driving people and their income out of the state.

TAGS: budget, debt, Governor’s Office of Management and Budget, outmigration, pensions, unpaid bills

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