The Illinois Budget and the Tax Dollar
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The Illinois Budget and Tax Dollar

The Governor's Proposal Illinois Tax Revenue and Budget Information   Illinois Tax and Budget Items in the News Other Budget Information

 

The Governor's Proposal

Governor's Budge Proposal (PDF) Click here to view the proposed budget. 

Illinois Governor Budget address March 7, 200(PDF) Full text. 

Investing in Families A PowerPoint presentation (PDF) on the different areas covered in the FY 2008 budget. 

The Governor's Tax Fairness Plan The State of Illinois will assess a tax on the gross receipts of all business activity conducted in Illinois. The goal is to close corporate loopholes and give more  money to the middle class. 

 

 

Illinois Tax Revenue and Budget Information

Corporate Income Tax Read and learning information on the corporate tax process. Downloadable forms are available. 

Revenue Inquiries Want to know how much revenue Illinois state has collected? What about other agencies ? Search this site to learn. 

Annual Report of Total Revenue Collected View this PDF of FY 2002-2005 state tax collections tables. 

Tax Stats This site give state and local government tax statistics. 

Illinois Tax Handbook for Legislators (22nd Edition, 2006; published annually) Describes every Illinois State Tax and also describes major federal taxes.

Commission on Government Forecasting and Accountability View the Illinois budget summaries from FY2002-present.

 

 

Illinois Tax and Budget Items in the News

Blagojevich's gross receipts proposal is wrong tax at wrong time Article from St. Louis Post Dispatch 3/23/2007 by U. of I. economics professor J. Fred Giertz.

Illinois Governor Sets $49B Operating Budget Article from The Bond Buyer. 

Governor unveils “Tax Fairness Plan” Budget news article on Illinois Federation of Teachers web page.

Special Edition Governor's Proposed FY 2008 Budget Budget news article from the Illinois Beef Association web page.

Jury Still Out on Governor's Pension Plans Article from The News Gazette.

Union upset by call for cuts to front-line staff Article from The News Gazette.

 

Other Budget Information

Illinois State and Local Business Tax Burden This publication was prepared for the Illinois Chamber of Commerce and Chicagoland Chamber of Commerce by the Quantitative Economics and Statistics Group, Washington, DC. This study provides comprehensive estimates of Illinois state and local taxes imposed on business.

State Tax Study Commissions All 50 state tax study commission reports.

Ranking of State-Local Revenue and Expenditure Data Total State-Local Revenue per Capita and per $100 of Personal Income.

 

 

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last updated April 05, 2007
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