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