Gov. Pritzker Signs Fifth Balanced Budget
CHICAGO – Building on four years of fiscally responsible leadership, Governor JB Pritzker signed the Fiscal Year 2024 budget into law today, delivering his fifth balanced budget while making transformative investments in early childhood, K-12 schools, higher education, workforce and economic development and efforts to fight violence and poverty. The Fiscal Year 2024 budget prioritizes fiscal responsibility, contributing an additional $200 million to the state’s pension systems beyond what is required, continuing to pay down the state’s remaining outstanding debts, and making ongoing contributions to the state’s Budget Stabilization Fund, set to surpass $2 billion. “From the beginning, I promised to work together with the General Assembly to restore fiscal responsibility to our state government after years of mismanagement,” said Governor JB Pritzker. “Thanks to our firmer fiscal foundation, we have been able to put billions of dollars back