Illinois spent everything it gained from pandemic aid and windfall revenues. It required $1.1 billion in new taxes to balance the 2025 budget.
| Extra spending | Spending amount | ||
|---|---|---|---|
| Bill backlog | −$4.88B | $2.00B | Municipal Lending Facility |
| Rainy-day fund | −$1.94B | $8.13B | American Rescue Plan Act |
| Extra pension payments | −$700.00M | $5.50B | Coronavirus Aid, Relief and Economic Security Act |
| Federal Unemployment Trust Fund debt | −$4.50B | $19.48B | Higher state revenues |
| Retired bonds | −$449.00M | ||
| Property tax rebate | −$520.00M | ||
| Income tax rebate | −$685.00M | ||
| New spending | −$21.43B | ||
| Spending | −$35.10B | $35.10B | Revenue |