revenue estimate

Budget FY15
5:56 am
Fri May 16, 2014

House Democrats Pass Spending Plan (Barely)

Illinois is beginning to work on its budget for Fiscal Year 2015.
Credit wnij

How much you'll pay in state taxes next year remains an open question, even as the Illinois House Thursday approved dozens of spending bills, that rely on a permanently higher tax rate. It sets the stage for a budget battle, just weeks before legislators are set to adjourn for the summer.

The Illinois House convened at 8 o’clock Thursday morning, and spent most of a very long day on the budget. Lawmakers began with a debate on funding Illinois' public education system, giving schools a slight increase over this year.

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