June 3, 2024 KPMG This Week in State Tax—produced weekly by the KPMG State and Local Tax practice—focuses on recent state and local tax developments. Illinois: The fiscal year 2025 budget revenue bill, which has been or soon will be presented to the governor, makes numerous tax changes...
The General Assembly is responsible for passing a state budget before the governor approves or vetoes the proposal. According to theIllinois Office of Management and Budget, in 2023, Gov. J.B. Pritzker signed a $50.428 billion budget for the 2024 fiscal year. This budget is set against proje...
This helped Florida post a record $22 billion budget surplus last year. California is forecasting a $29.5 billion deficit. In other words, the geese with the golden eggs are flying away. Share this: Print Email Facebook X More Loading... Read Full Post » Illinois and Fiscal ...
In July, Bradley announced in a press release that it has a $13 million budget shortfall for fiscal year 2023. Jobs are going to be cut. Programs have already been cut, and there will likely be more coming. It’s hard to see how the Avanti’s purchase did not contribute to this prob...
Tuesday, February 13, 2024 This article explains the new utility rates that will start on May 1, 2025. It also gives a break out on usage and cost. Street Light Repair How To Report Broken Street Lights. High-Water Bills? If you receive a bill that seems high we strongly encourage...
Senior Service Providers Prepare for Worst as Illinois Nears New Fiscal Year without a BudgetALTON * Theresa Collins joined a Meals on Wheels volunteer and anIllinois state representative...Alamdari, Natalia
July 3, 2024Advocacy,Health,Legislation,School Funding Spring 2024 Legislative Successes This spring’s legislative session had some conflicting tensions that shaped the budget. It is an election year, so there was pressure to fund items with popular support. But there were also factors pressing leg...
The contrast between President Donald Trump and Chicago-born Pope Leo XIV couldn’t be more stark, politically, personally or in their world views Associated PressMay 13, 2025 Create an Account Create a free account to save articles, sign up for newsletters and more. ...
In the annual Illinois Economic and Fiscal Policy Report, released by the Governor’s Office of Management and Budget, officials boosted the general funds revenue forecast for fiscal year 2023 by $3.69 billion. Pritzker’s office attributed the increase to greater-than-expected income and sales tax...
The bill known as Karina's Bill will be up for State Senate approval in 2024 and needs to pass in Illinois, here are the details on the bill and why it needs to become law...