Illinois Expects to Spend Its Entire Coronavirus Relief Allocation
UPDATE: The $900 billion relief bill passed by Congress on December 21 did not provide more financial assistance for state and…
UPDATE: The $900 billion relief bill passed by Congress on December 21 did not provide more financial assistance for state and…
Illinois has lost less tax revenue than expected this year due to the COVID-19 pandemic, but the State still faces a significant budget gap, according to the latest official projection. The Governor’s annual…
The State of Illinois’ FY2020 fourth quarter revenue report contained a…
As state and local governments…
The COVID-19 pandemic has had a devastating impact on state budgets, with tax revenue shortfalls estimated to total about $200 billion for fiscal years 2020 and 2021 compared with initial projections.…
Since the federal government provided $139 billion of coronavirus relief funds to states and large cities and counties in April,…