Illinois Budget Deficit 2025 Forecast. That november forecast from the governor’s office of management and budget had projected revenues to remain flat, driving a deficit of $3.2 billion. Forecasters are predicting a budget deficit in illinois next year, but revenues remain on pace for the current year.


Illinois Budget Deficit 2025 Forecast

The current fiscal year is now projected to end with a $1.4 billion. Personal income tax and interest income have been higher than expected,.

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