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After dropping dramatically with the onset of the COVID-19 pandemic in 2020, energy severance tax revenue is soaring along with oil and gas prices.
April 11 -
Legislative backers of the fiscal 2023 budget approved over the weekend with Gov. J.B. Pritzker's blessing believe it will draw more positive rating actions.
April 11 -
The budget includes a $600 million commitment from the state to subsidize a new stadium for the National Football League’s Buffalo Bills.
April 8 -
The Marijuana Opportunity Reinvestment and Expungement bill,if passed, could wipe out some hesitations for issuers hoping to finance their own marijuana facilities.
April 5 -
The spending plan includes $2 billion toward a 16-year transportation package.
April 1 -
Illinois' current budget surpluses offer an opportunity to help bolster the state's fiscal foundation as it navigates persistent pension strains and economic threats, the Commission on Government Forecasting and Accountability said.
March 31 -
A forecast anticipates an additional $1.2 billion in revenues for the upcoming fiscal year.
March 30 -
For a third spending cycle in a row, there was tension over funding for the Kentucky Wired public private partnership deal.
March 30 -
Illinois lawmakers are advancing a bill that allocates $2.7 billion of the state's ARPA relief to pay down a $4.5 billion federal unemployment insurance loan.
March 24 -
Gov. Phil Murphy proposes to make an additional $1.3 billion deposit into the state’s Debt Defeasance and Prevention Fund.
March 24