Illinois State Budget 2025. Time to study up, illinois. The illinois state board of education is preparing to submit its budget proposal for the next fiscal year, while state lawmakers face a potential $3 billion deficit.
Taxpayers will be forced to pay $1.1 billion more so illinois can spend record. Last week governor pritzker signed the fiscal year 2025 state budget package, which includes nearly $200 million for illinois’ budget stabilization fund, more commonly.