Governor Pritzker Gives the 2024 State of the State and FY25 Budget Address

Governor J.B. Pritzker’s 2024 budget proposal for Illinois forecasts $49.9 billion in revenue, down by $1.4 billion from last year, after setting aside funds for emergencies. Spending is slightly reduced but focuses on boosting education and behavioral health. Despite a projected surplus, Pritzker warns of potential deficits without careful planning, amid rising demands on state services and delayed federal payments, leaving a narrow margin for additional projects or savings for the next year.