Governor’s Office of Management and Budget (GOMB)

Tax policy changes could largely eliminate a projected deficit in the current fiscal year.

State lawmakers also face a $2.2 billion deficit next fiscal year, the report projects.

Illinois Democrats condemn Trump’s executive order limiting funding to Illinois because of its pretrial detention law.

Illinois received $54 billion in revenue in fiscal year 2025 that ended June 30.

Illinois lawmakers are working through final details of the state budget with the goal of approving it by May 31.

Gov. JB Pritzker’s office is lowering revenue expectations for fiscal year 2026 as lawmakers finalize the budget.

The General Assembly’s independent forecasting commission is predicting revenue will not be as strong as Gov. Pritzker’s budget office expects.

New tariffs announced by President Donald Trump could have impacts on Illinois revenue. The governor’s budget director discussed some of ...

Illinois locked in intense legal and political struggle with Trump administration over distribution of federal funds.

Gov. JB Pritzker introduced his seventh budget on Wednesday with no major tax increases, but restrained spending