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Title:  

FY 2024 Budget Summary of the State of Illinois

 
 Volume/Number:    
 Issuing Agency:   
 Description:  Public Act 92-0067 mandates that the Commission on Government Forecasting and Accountability (CGFA) prepare and publish a Budget Summary Report detailing Illinois most recently enacted budget. The report begins with a discussion of the budgeting process. The budgetary process is then summarized chronologically. A highlighting of the bills that constitute the budget follows, along with other major legislation passed during the past spring legislative session. A review of the previous years budget is then provided. The FY 2024 budget is summarized including a listing of appropriations by agency. Various areas of the budget and State government operations, such as Elementary/Secondary Education, Medicaid, and State pensions, are looked at in detail. The report concludes with a Glossary of Terms and a Description of the various funds. 
 Date Created:  07-28-2023 
 Agency ID:   
 ISL ID:  000000103855   Original UID: 210134 FIRST WORD: FY 
 

Title:  

FY 2024 Capital Plan Analysis

 
 Volume/Number:    
 Issuing Agency:   
 Description:  The Commission on Government Forecasting and Accountability is statutorily required each year to submit a capital plan analysis based on the annual Governors Capital Budget request. CGFA is also required to prepare a consolidated review of the debt and capital plans of State bonding authorities and State universities. The Analysis further provides updated information pertaining to the States debt and ability to further market bonds (25 ILCS 155/3), as well as related topical information 
 Date Created:  04-05-2023 
 Agency ID:   
 ISL ID:  000000102712   Original UID: 208810 FIRST WORD: FY 
 

Title:  

FY 2024 Economic Forecast and FY 2023 Revenue Estimate Update

 
 Volume/Number:    
 Issuing Agency:   
 Description:  At different points of the fiscal year, the Commission releases its Economic Forecast and Revenue Estimate Update. The purpose of this document is to provide members of the General Assembly and their staffs with the latest data, trends, and forecasts related to economic activity that would impact tax revenues in Illinois. Along with these economic updates, the Commission typically includes a general funds revenue estimate update for the current fiscal year (and possibly future fiscal years), along with a comparison of how these figures compare with budgetary and/or GOMB revenue estimates. These revenue updates are often broken down by revenue source, thereby providing the reader with a more detailed look behind the revenue performance in a particular fiscal year. 
 Date Created:  03-06-2023 
 Agency ID:   
 ISL ID:  000000102531   Original UID: 208653 FIRST WORD: FY 
 

Title:  

FY 2025 Capital Plan Analysis

 
 Volume/Number:    
 Issuing Agency:   
 Description:  The Commission on Government Forecasting and Accountability is statutorily required each year to submit a capital plan analysis based on the annual Governors Capital Budget request. CGFA is also required to prepare a consolidated review of the debt and capital plans of State bonding authorities and State universities. The Analysis further provides updated information pertaining to the States debt and ability to further market bonds (25 ILCS 155/3), as well as related topical information. 
 Date Created:  04-03-2024 
 Agency ID:   
 ISL ID:  000000106626   Original UID: 212872 FIRST WORD: FY 
 

Title:  

FY 2025 Economic Forecast and FY 2024 Revenue Estimate Update

 
 Volume/Number:    
 Issuing Agency:   
 Description:  At different points of the fiscal year, the Commission releases its Economic Forecast and Revenue Estimate Update. The purpose of this document is to provide members of the General Assembly and their staffs with the latest data, trends, and forecasts related to economic activity that would impact tax revenues in Illinois. Along with these economic updates, the Commission typically includes a general funds revenue estimate update for the current fiscal year (and possibly future fiscal years), along with a comparison of how these figures compare with budgetary and/or GOMB revenue estimates. These revenue updates are often broken down by revenue source, thereby providing the reader with a more detailed look behind the revenue performance in a particular fiscal year. 
 Date Created:  03-11-2024 
 Agency ID:   
 ISL ID:  000000106301   Original UID: 212580 FIRST WORD: FY 
 

Title:  

FY... Budget Summary of the State of Illinois

 
 Volume/Number:    
 Issuing Agency:   
 Description:  Annual report by the Commission on Government Forecasting and Accountability summarizing the budget process and bills; revenue estimates; budget highlights; budgets and revenues for the previous year; short and long term indebtedness; employee pension and insurance data; medicaid; fund transfers; and appropriations by agency. 
 Date Created:   
 Agency ID:   
 ISL ID:  000000017761   Original UID: NA for serial records FIRST WORD: FY... 
 

Title:  

FY... Capital Plan Analysis

 
 Volume/Number:    
 Issuing Agency:   
 Description:  The Commission on Government Forecasting and Accountability is statutorily required each year to submit a capital plan analysis based on the assessment of the States capital needs as prepared by the Office of Management and Budget and presented as part of the Governor's Budget. 
 Date Created:   
 Agency ID:   
 ISL ID:  000000017762   Original UID: NA for serial records FIRST WORD: FY... 
 

Title:  

FY... Economic and Revenue Forecast and Updated FY... Revenue Estimate

 
 Volume/Number:    
 Issuing Agency:   
 Description:  Revenue recap, overview of the national economy and the Commissions updated forecast of revenues with presentation of growth assumptions. 
 Date Created:   
 Agency ID:   
 ISL ID:  000000017771   Original UID: NA for serial records FIRST WORD: FY... 
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