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The budget approved by state lawmakers increases funding for higher education by 7%.
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Gov. JB Pritzker on Thursday signed Illinois' new budget into law after lawmakers approved changes fixing massive drafting errors that would've left the state without the authority to spend money until next June.
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Illinois House Republicans say they’re still waiting on Gov. JB Pritzker to propose specific spending cuts to the state’s current year state budget,...
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State employees could see furlough days as a way to help the state of Illinois balance its budget. That's according to a plan Gov. JB Pritzker has laid...
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Illinois will borrow $2 billion more from the Federal Reserve to pay bills associated with COVID-19, Gov. J.B. Pritzker announced Wednesday.
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Illinois lawmakers have approved a $40 billion state budget and a plan to address tax rates for a casino expansion during a whirlwind special session...
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Illinois will likely take in $2.7 billion less this fiscal year, which ends in June, and another $4.6 billion less next fiscal year – all fallout from...
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The ongoing COVID-19 pandemic could end up costing Illinois state government as much as $28 billion in revenue over the next few years. That’s just one...
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Illinois Gov. J.B. Pritzker is already making plans to spend money from a significant change in the state income tax, even though it can only happen if...
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State agencies are getting a warning from Illinois Gov. J.B. Pritzker’s budget office: Be prepared to make significant cuts next year.