• HOME :
  • NEWS :
  • ANALYSIS OF ILLINOIS 2022 ENACTED GENERAL FUND BUDGET

Analysis of Illinois 2022 enacted General Fund budget

JULY 23, 2021 | CENTER FOR TAX AND BUDGET ACCOUNTABILITY (CTBA)

From July 22, 2021, includes “Yet, despite obtaining the aforesaid new federal and state funding, the FY 2022 Enacted General Fund Budget that passed into law (‘P.A. 102-0017’) increases overall net spending on core services in FY 2022 by just $586 million over FY 2021 levels, in nominal, non-inflation-adjusted dollars. … after adjusting for inflation, total net General Fund spending on services in FY 2022 is scheduled to be only $24 million—or 0.1 percent—more in real terms than it was in FY 2021.”

VIEW LESS