Column: State’s May revenues add up, but not to much – Champaign News-Gazette

Jim Dey: "Gov. JB Pritzker and state legislators just passed a record-setting $53.1 billion spending plan for the fiscal year that begins July 1. ... So revenues, obviously, have to keep up with planned spending to avoid budget chaos. With just one month remaining in the current 2023-24 fiscal year, overall state revenues of $47.7 billion are up by $986 million over the same period in FY 23-24. By itself, that is an impressive figure, but (State revenue manager Eric) Noggle said that’s 'just 2.1 percent above last year’s 11-month total.'"