Amid ‘unprecedented’ prolonged revenue boom, state finds budget breathing room

Sustained higher-than-predicted state tax revenues have in recent months given lawmakers a level of budgeting flexibility that is, at least in modern times, without precedent in a state with a reputation for perilous finances. For the current fiscal year and the one before it, that’s led to another uncommon Capitol occurrence: budget surpluses in the billions of dollars.

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via > Illinois News

February 2, 2023 at 05:58AM

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