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Jan 17, 2024
press
Press Releases Press Releases FY24 Budget Makes Transformative Investments in
Press Releases
Press Releases
FY24 Budget Makes Transformative Investments in Education, Workforce and Economic Development, and Efforts to Fight Poverty CHICAGO - said Governor JB Pritzker said Lt. Governor Juliana Stratton said Senate President Don Harmon (D-Oak Park) said House Speaker Emanuel "Chris" Welch (D-Hillside) said State Senator Elgie R. Sims, Jr. - the Senate's Appropriations Leader (D-Chicago) said House Chief Budgeteer Jehan Gordon-Booth (D-Peoria) FISCAL YEAR 2024 BUDGET HIGHLIGHTS OVERVIEW Commitment to Fiscal Responsibility - 5th balanced budget $2 billion $1 trillion $200 million $700 million $450 million $60 million $85 million Early Childhood Education and Childcare Funding $250 million $75 million $130 million $40 million $5 million $70 million $20 million $1.6 million K-12 Education $350 million $8.279 billion $1.443 billion $4.0 billion $45 million $3 million Higher Education $100 million $701 million $100 ($80.5 million) ($19.4 million) $15 million $50 million $8.3 million $11 million $2 million $750,000 $3.8 million $25 million $3 million Health and Human Services $75 million $500 million $240 million $42.5 million $22.8 million $18 million $24 million $10 million $1.2 million $53.5 million $35 million $41 million Addressing Homelessness Home Illinois $85 million $350 million $118 million $40.7 million $50 million $40 million $37 million $35 million $30 million $21.8 million $15 million $12.5 million Public Safety and Violence Prevention $250 million $200 million $75 million $40 million -- $20 million each $16.1 million $2.1 million $18 million $30 million $10 million $2.5 million $13 million Government Services $16.5 million $32.5 million $75 million Economic and Community Development $400 million $20 million $40 million $10 million $2 million $2.5 million $10 million for high schools $20 million $30 million $28 million $2 million $20 million $19 million $30 million $90 million $55 million Environmental Initiatives $12 million $267.8 million $70 million $56 million $50 million $10 million Capital and Transportation Funding Rebuild Illinois Infrastructure Investment and Jobs Act $18.0 billion $7.2 billion $4.6 billion $3.4 billion $1.2 billion $300 million $100 million $230.2 million $10 million $86 million $18 million $1.5 million $5 million