Includes:
- Budget Overview
- FY2025 Investments
- Revenue Discussion
- Pension Contribution & Debt Service Payments
- Road to Recovery Plan: ARPA Investments
- Questions
Includes:
In what was a bad showing for Democrats nationally, Illinois Democrats held onto all their Congressional seats and appear likely to keep their current General Assembly makeup following the November 5 general election. At the presidential level, Vice President Kamala...
Mayor Brandon Johnson unveiled Chicago's Fiscal Year 2025 budget, emphasizing strategic investments in affordable housing, mental health, public safety, and youth employment, all while ensuring fiscal responsibility and meeting pension obligations. Despite a projected...
Following is a complete listing of the U.S. presidential and vice presidential, Congressional, Illinois Senate, Illinois House, and Illinois Supreme Court races in the November 5, 2024 general election. Results will be sent out following the election. U.S. President...
FUNDRAISING TOTALS UPDATED: July 25 at 12:39PM Illinois Senate 40th Senate District Patrick Joyce (D) (i) - $3,950,201.04 Philip Nagel (R) - $91,103.35 19th Senate District Michael E. Hastings (D) (i) - $1,536,679.45 Samantha Jean Gasca (R) - $9,616.20 ...
U.S. President Kamala Harris (D) **Presumptive Nominee Donald J. Trump (R) Robert F. Kennedy Jr. (Independent) Jill Stein (Green) Scott Schluter (Libertarian) Congressional Representatives 1st Congressional District Jonathan L. Jackson (D) (i) Marcus Lewis (R) 2nd...
FY 2025 Budget SB 251 (Sims/Gordon-Booth) creates the FY 2025 state budget. After three consecutive years of strong revenue growth, FY 2025 revenues are projected to be relatively similar to the previous fiscal year, which led to contentious budget negotiations....
FY 2025 Budget SB 251 (Sims/Gordon-Booth) creates the FY 2025 state budget. After three consecutive years of strong revenue growth, FY 2025 revenues are projected to be relatively similar to the previous fiscal year, which led to contentious budget...
The 2024 Illinois primary election took place on Tuesday, March 19. Candidates for President, Congress, the Illinois General Assembly, Illinois Supreme Court, and various local races appeared on the primary ballot to decide the Democratic and Republican Party nominees...
NOTE: We will not put out a weekly update on Monday, December 30 or Monday, January 6 due to the holidays. Illinois Legislative News Lame Duck and 2025 General Assembly Session Preview Following veto session at the end of November, the Illinois House and Senate released their calendar for the 2025 regular session. Both chambers also flagged January 2 through 7 as tentative dates for a lame duck session of the outgoing 103rd General Assembly. House and Senate leadership recently finalized the...
COGFA Annual Pension Update On Monday, the Commission of Government Forecasting and Accountability (COGFA) released their FY 2024 pension briefing. As of June 30, 2024 all five state retirement systems had actuarial (five-year smoothed) assets of $122.009B and unfunded liabilities of $144.305B for a combined funded ratio of 45.8%. Assets are up 5.74% and unfunded liabilities are up 2.06% over FY 2023. The actuarial funded ratio of the state pension system increased by 0.9% since the end of FY...
Administrative Rules CAPITOL COMPLEX The SECRETARY OF STATE adopted emergency amendments to the Part titled Public Use of the Capitol Complex and Springfield Facilities (71 IAC 2005; 48 Ill Reg 17392) effective 11/18/24 for a maximum of 150 days. An identical proposed rulemaking appears in this week's Illinois Register at 48 Ill Reg 17322. The emergency and proposed rulemakings require all members and employees of the General Assembly, employees of SOS, and employees of other State agencies to...