Includes:
- Budget Overview
- FY2025 Investments
- Revenue Discussion
- Pension Contribution & Debt Service Payments
- Road to Recovery Plan: ARPA Investments
- Questions
Includes:
FY 2027 Budget Package HB 111 (Welch/Sims) creates the FY 2027 budget appropriation bill. The budget is based on an estimated General Funds revenue of $55.95 billion and spending of $55.945 billion, representing less than a 1% increase over current fiscal year...
FY 2027 Budget Package HB 111 (Welch/Sims) creates the FY 2027 budget appropriation bill. The budget is based on an estimated General Funds revenue of $55.95 billion and spending of $55.945 billion, representing less than a 1% increase over current fiscal year...
Outside Money Flooded the Field, but Local Politics Still Carried the Day Illinois’ 2026 primary made two things clear at once. First, the state has become a major proving ground for national outside spending. Congressional and legislative races drew heavy involvement...
We’re excited to announce that distinguished legal advisor Elias “Louie” Mossos has joined Third Reading Consulting Group as our new Vice President. With more than 20 years of experience in and around Illinois government, Louie brings a deep bench of legal, policy,...
Download PDF FY 2026 Budget SB 2510 (Welch/Sims) creates the FY 2026 budget appropriation bill. The budget is based on estimated General Funds revenues of $55.298B and spending of $55.048B for an estimated surplus of $250M. See below for the topline figures in the...
FY 2026 Budget SB 2510 (Welch/Sims) creates the FY 2026 budget appropriation bill. The budget is based on estimated General Funds revenues of $55.298B and spending of $55.048B for an estimated surplus of $250M. See below for the topline figures in the budget. The...
On February 19, Gov. J.B. Pritzker gave his annual State of the State and budget address. He outlined priorities for the State of Illinois in FY 2026 while highlighting the state’s fiscal successes under his leadership. Gov. Pritzker revised his FY 2025 revenue...
Adoption & Child Welfare Committee – Members ole Representative Party Chairperson : Suzanne M. Ness D Vice-Chairperson : Terra Costa Howard D Republican Spokesperson : Steven Reick R Member: Michael Crawford D Member: Jed Davis R Member: Lisa Davis D Member: Regan...
Agriculture - Members Role Senator Party Chair : Doris Turner D Vice-Chair : Patrick J. Joyce D Member: Cristina Castro D Member: Paul Faraci D Member: Michael E. Hastings D Member: Linda Holmes D Member: David Koehler D Member: Meg Loughran Cappel D Minority...
Deputy Minority Leaders Rep. Norine Hammond (94 – Macomb) Rep. Ryan Spain (73 – Peoria) Assistant Minority Leaders Rep. CD Davidsmeyer (100 – Murrayville) Rep. John Cabello (90 – Machesney Park) Rep. Dan Ugaste (65 – Geneva) Rep. Patrick Windhorst (117 – Metropolis)...
Illinois ranked 12th in the 2026 CNBC ranking of America's Top States for Business, one spot above its 2025 ranking and the state's highest position since the study began in 2007. The annual report evaluates all 50 states across 138 metrics within 10 categories to determine competitiveness. Illinois earned high marks in infrastructure (3rd), education (7th), and access to capital (12th), while scoring lower in areas such as business friendliness (44th), cost of living (41st), and workforce...
End of FY 2026 Revenue Update Illinois closed Fiscal Year 2026 with total General Funds revenue of $56.300B, up 4.3% (or $2.302B) over FY 2025, marking the highest revenue total in state history for the second consecutive year. From a base revenue perspective, which factors out one-time revenues, the state finished FY 2026 at $56.297B, up 4.4% (or $2.364B) over FY 2025's base total. A strong final month to the fiscal year bolstered year-over-year growth, with June revenue alone rising by 8.2%...
Gov. Pritzker Directs Two-Year Data Center Incentive Pause On June 5, Gov. JB Pritzker announced a two-year pause on state tax incentives for data centers. He instructed the Illinois Department of Commerce and Economic Opportunity to pause processing agreements for the Data Center Investment Program effective July 1, 2026, while clarifying that existing agreements will continue to be honored. The program was created in 2019 and provides qualifying data centers with exemptions from various...