Governor Pritzker Releases Five-Year Forecast Showing Projected Long-term Budgetary Deficits Nearly Eliminated
SPRINGFIELD - The Governor’s Office of Management and Budget (GOMB) released the annual Illinois Economic and Fiscal Policy Report showing under Governor Pritzker’s leadership Illinois is in its best fiscal shape in decades. “Illinois’ bills are being paid on time, we have over $1 billion in our rainy-day fund, our credit ratings are up and we are honoring our commitments to long-term financial liabilities by contributing extra to Illinois’ pension systems,” said Governor JB Pritzker . “As we celebrate the tremendous progress we’ve made with our partners in the General Assembly, we remain committed to working tirelessly for Illinois taxpayers and responsibly managing the state’s finances. We’ve closed a seemingly insurmountable structural deficit that I inherited, and together we are securing Illinois’ long-term fiscal stability and providing economic opportunities to its citizens.” The future years’