Illinois budget picture tightens in final stretch
SPRINGFIELD (Capitol News Illinois) -- Growing pessimism over the direction of the global economy is leading budget analysts for the governor’s office and Illinois’ legislature to temper revenue expectations less than three weeks before lawmakers are set to finalize a new budget. Both the governor’s budget office and the General Assembly’s Commission on Government Forecasting and Accountability revised revenue projections for the current year and fiscal year 2027 down by less than 1%. While the change is small and generally […]
