FY2022 Monthly Briefings
June 2022 Monthly Briefing	June Adds Another $730 Million in Additional Base Receipts, Capping Off Sensational Year of Revenues with Base Receipts Growing $5.482 Billion in FY 2022 Review of FY 2022 Revenue Estimates vs. Actuals Cannabis Quarterly – 4th Quarter FY 2022 Illinois Economic Indicators Consumer Inflation Expectations Have Risen While Confidence Falls MSA Arbitration Settlement for Illinois 2022 Pension Legislation Overview
May 2022 Monthly Briefing	ECONOMY: Seeking a Soft Landing Illinois Economic Indicators Bond Rating Upgrades for the State, Some Authorities and Universities Illinois Sells $1.638 billion of General Obligation Bonds REVENUE: Timing of Last Year’s Delayed Tax Day Deadline Results in Expected Sizeable Drop in May Tax Receipts
April 2022 Monthly Briefing	Stagflation: A Stagnating Economy with High Inflation Illinois Economic Indicators Moody’s Upgrades Illinois’ Bond Ratings to Baa1 The Continuing Volatility of April Tax Receipts REVENUE: Record Month of Income Tax Revenues Creates $3.024 billion General Funds Revenue Increase in April
March 2022 Monthly Briefing (CORRECTED)	FY 2023 State Employees’ Group Insurance Program Update Cannabis Quarterly—3rd Quarter FY 2022 Illinois Economic Indicators FY 2018 – FY 2022 Interfund Borrowing Update REVENUE: Robust Revenue Growth Returns as March Receipts Up $816 Million
February 2022 Monthly Briefing	Bounce Back Year for Gaming Revenue Inflation Continues to Loom Over the Economy Illinois Economic Indicators February 2022 Repayments of Interfund Borrowing Principal Despite February Dip, FY 2022 Receipts Continue to Impress
January 2022 Monthly Briefing	2nd Anniversary of Recreational Cannabis Illinois Economic Indicators Municipal Liquidity Facility Repayment Update FY 2018 – FY 2022 Interfund Borrowing Update REVENUE: The Remarkable Year in Revenues Continues, as Receipts Increase another $1.7 Billion in January
December 2021 Monthly Briefing	Illinois Employment/Unemployment Update Illinois Economic Indicators December 2021 General Obligation Bond Sale Cannabis Quarterly – 2nd Quarter FY 2022 REVENUE: Significant December Gains from Economic Sources and Transfers are Offset by Comparatively Lower Federal Source Performance
November 2021 Special Pension Briefing
November 2021 Monthly Briefing	Sales Tax Revenue from Motor Fuel Illinois Economic Indicators Revenue: November Revenues Dip as Comparatively Lower Federal Sources Offset Gains from Economic Sources and Transfers
October 2021 Monthly Briefing	Inflation Comes to the Forefront Update on Sports Wagering Revenue: October Revenue Growth Reflects Federal Sources – Corporate Income Tax and Sales Tax Receipts Also Contributors to Gain
September 2021 Monthly Briefing	Delta Variant Taps the Brakes on the Economy Cannabis Quarterly – 1st Quarter FY 2022 September 2021 Build Illinois Bond Sales Illinois Economic Indicators REVENUE: Strong September Growth Fueled by Economic Sources and Federal Reimbursements
August 2021 Monthly Briefing	Why Is There a Labor Shortage? Illinois Economic Indicators FY 2021 Employment Data REVENUE: August Revenues Up on Strength of Sales Tax and Transfers to GRF
July 2021 Monthly Briefing	The Continuing Impact of the Pandemic on Illinois Casinos Illinois Economic Indicators REVENUE: Timing of Last Year’s Delayed Tax Day Deadline Results in Expected Drop of July Income Tax Receipts—Losses Partially Offset by Stronger Sales Tax, Transfers, and Federal Sources