Illinois’ FY 2013 Budget: Navigating away from “empty promises”

Deltek Analyst Joanna Salini reports.

Governor Patrick Quinn unveiled his proposed FY 2013 budget to the General Assembly on February 22, 2012. His plan outlines a need to repair a broken system and restore fiscal stability through major reductions and state spending reforms. While Governor Quinn’s plan emphasizes a need to cut costs and reduce spending, the budget is projected to spend more in FY 2013 than in 2012
While Governor Quinn’s plan emphasizes a need to cut costs and reduce spending, the budget is projected to spend more in FY 2013 than in 2012. The top vertical increases are public finance at 102.8 percent, and higher education at 52.62 percent. The top vertical decreases are justice and public safety at -10.90 percent, PK-12 education at -9.02 percent, and economic development/regulation at -8.05 percent.
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