Illinois balancing FY 2012 budget deficit with tax increases, spending cuts, and debt management
Deltek Principal Analyst Jason Sajko reports. Challenged by an anticipated budget shortfall of more than $13 billion, IL Governor Quinn and the state legislature passed tax increases in January, 2011 that are projected to create more than $6 billion in increased revenue per year. Then, in February, Quinn unveiled his FY 2012 recommended budget. TheRead… Read more »