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Prtizker’s proposed total expenditure for the upcoming fiscal year is $52.697 billion, with a surplus of $128 million. Pritzker praised the state’s development over the last few years and pledged to pass a balanced budget.
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Illinois State University’s proposed budget for next year totals more than $561 million. That’s an 8% increase in revenues, or a $41 million jump, over the fiscal year 2023 budget that began in July.
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Self-described ‘party pooper’ comptroller eyes socking away even more in coming years
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Expiring temporary tax relief measures were aimed at curbing inflation
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Republican State Sen. Sally Turner voted against it. She represents southeast Bloomington and smaller communities such as Downs, LeRoy and Heyworth. WGLT interviewed Turner in her district office in Lincoln for a recap of the spring session.
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MAP grant increase will make community college tuition-free for many
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The 2023 spring legislative session came to an end in the early hours of Saturday morning after the Illinois House gave its approval to a $50.6 billion spending plan for the upcoming fiscal year that begins July 1.
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The state’s Commission on Government Forecasting and Accountability has decreased its current-year budget forecast by $728 million, erasing much of a once-predicted surplus that had led Gov. JB Pritzker to float the idea of tax cuts earlier this spring.
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Forecasting commission last week upped its projections by a combined $1 billion
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With two months to go before the adjournment of Illinois’ spring legislative session, Gov. JB Pritzker’s state budgeting task may have gotten easier Tuesday.