Illinois expects to receive $52.6B this year, up from $51.9B earlier estimated

Eric Noggle serves as the Revenue Manager for the Commission on Government Forecasting and Accountability. (Photo courtesy: Flickr/File)

By Dave Dahl

SPRINGFIELD – The people with the sharp pencils are bringing into focus how much money Illinois is bringing in for the fiscal year ending June 30. And it’s a little more than earlier believed.

The Commission on Government Forecasting and Accountability said Tuesday it expects the state to receive $52.6 billion this year, up from $51.9 billion earlier estimated.

The difference of $700 million is not that much, in a world in which $700 million is not that much.

And the grey skies have yet to materialize, says COGFA’s executive director, Clayton Klanke.

“The national economic forecasting firms had projected a fairly good chance of a recession looming on the horizon,” Klanke told lawmakers on the commission. “The data we saw coming in month-to-month gave us greater confidence that the economy would continue to chug along.

“And that is what we have continued to see.”

The governor’s office is planning on a budget roughly the size of that $52.6 billion, but “FY 25 will be a little bit of a challenge,” said COGFA’s revenue manager, Eric Noggle.

Dave Dahl can be reached at [email protected].


Labor Day – Expanding voting rights for all

By Mike Matejka Because of COVID, there is no Labor Day Parade this year.  It’s always a great event for our everyday workers to march proudly down the street and enjoys the festive crowd. If there had been a parade, this year’s Labor Day theme was to be “150 years of struggle: your right to vote.” …

Is federal mobilization the answer?

By Mike Matejka As President Donald Trump threatens to send federal marshals into Chicago, over the objections of Illinois Governor J.B. Pritzker, recall another Illinois Governor who protested the incursion of armed federal personnel into the city.   Those federal troops, rather than calming, escalated the situation, leading to deaths and violence. Illinois poet Vachel Lindsay…

In these troubled times, to my fellow white Americans

By Mike Matejka Our nation is at a unique watershed in human relations. African-Americans have been killed too many times in the past before George Floyd, but the response to this man’s death is international and all-encompassing. I was a grade-schooler during the Civil Rights 1960s. I watched Birmingham demonstrators hosed and the Selma – Montgomery…

Workers’ Memorial Day – Remember those whose job took their life

Looking around our community, when we say employer, most will respond to State Farm, Country, or Illinois State University.   We too often forget those who are building our roads, serving our food, or our public employees. COVID-19 has made us more aware of the risk.  Going to work every day for some people means…