Illinois Tax and Spend Budget for FY 2025
Written by David E. Smith
In the wee hours of the morning, Democrats — who control the Illinois House of Representatives — approved a $53.1 billion budget for the 2025 fiscal year. The 3,374 page budget, plus supplemental spending bills, had already been approved by Democrats — who control the Illinois Senate — on Sunday evening.
The budget includes a significant increase in spending — $400 million more than what Governor J.B. Pritzker had initially proposed.