Illinois FY2026 Enacted State Budget Overview


The Fiscal Year 2026 (FY26) budget for Illinois (covering July 1, 2025 – June 30, 2026) was signed into law by Governor JB Pritzker on June 16, 2025. It is the seventh consecutive balanced General Funds budget, totaling $55.1 billion with a projected $217 million surplus (after contributions to reserves). The budget relies on ~$700 million in new/expanded taxes (e.g., corporate reforms, sports betting, tobacco, telecom) and >$500 million in one-time maneuvers (fund sweeps, delayed transfers).
Per Grok.


The cost of Illinois government is consistent.  It always exceeds revenues, demands more tax dollars to meet the goals of growing government suported by both poltical  parties.  The current budget is facing deficits and requires more tax dollars to achieve a balanced budget over the next nine months. 

What are the budget planners not telling us?   IL spends a Billion plus dollars on health care for the estimated 500k+ illegals residing in the state.   Where is the funding reported?

How are other states doing in effectively managing the tax dollars provided by the citizens and businesses of the state?