Illinois Commission on Government Forecasting and Accountability

2 Results / Page 1 of 1

AD
Illinois general revenues

Capitol News Illinois

Illinois general revenues top $50 billion for first time

Pandemic-driven windfalls not expected to last long into current year

SPRINGFIELD (Capitol News Illinois) – State tax revenues grew by $5.5 billion in the fiscal year that concluded on June 30, exceeding $50 billion for the first time in Illinois’ history, according to a new report from a state budgeting agency. The 12 percent base revenue growth in Fiscal Year 2022 gave lawmakers near-unprecedented flexibility in the current budget year. That allowed the General Assembly to approve $1.8 billion in tax relief, pay $500 million more to state pensions than […]

todayJuly 8, 2022 2

Business & Lifestyle

Illinois’ stagnant sales tax revenue indicator of flat economic activity

SPRINGFIELD (Illinois News Network) -- The state of Illinois is collecting more from individual workers' and businesses’ income, but the indication from other revenue sources is the state’s economy is flat. A tax professional says state lawmakers haven’t advanced solutions to grow the state’s economy. Illinois Commission on Government Forecasting and Accountability (COGFA) Revenue Manager Jim Muschinske said individual income tax revenues are up from the year before, as are corporate tax receipts. From October of last year to this […]

todayNovember 28, 2017 4

AD
hmgcil newfooter November2024

REVOLUTION RADIO PREVIOUS SONGS

Listen on Online Radio Box! Revolution RadioRevolution Radio

DEADLINES & PUBLICATION INFORMATION

Daily deadlines
News and sports submissions
: 11 p.m. Central
Advertising, legals, obituaries: 5 p.m. Central

Monday-Friday deadlines
Other business inquiries: 5 p.m. Central

Publication times
Late breaking news as it happens
Normal publication:
11 p.m. Central daily
Other news:
Published as it’s made available

LIVE TRAFFIC COUNTER

ADVERTISEMENT

AD
AD
AD
AD