FY2025 Monthly Briefings
June 2025 Monthly Briefing	Strong Final Month of Revenues Elevates FY 2025 General Funds Revenue Total to Near $54.0 Billion Review of FY 2025 Revenue Estimates vs. Actuals Revenue Tables Cannabis Quarterly – 4th Quarter FY 2025 Illinois Economic Indicators Spring 2025 Pension Legislation Overview
May 2025 Monthly Briefing	Economy: Illinois and International Trade Illinois Economic Indicators May Receipts Rise on Strength of Transfers and Federal Sources
April 2025 Monthly Briefing	Strong Month for Income and Sales Taxes Offset Weak Month for Federal Sources – In Response, CGFA Makes Modest Upward Revision to Revenue Forecasts Economy Slows and Stagflation Risk is Mounting Illinois Economic Indicators A Closer Look: Income Tax Distributions to the Income Tax Refund Fund and the Local Government Distributive Fund
March 2025 Monthly Briefing	Economy: Uncertainty Reigns Illinois Economic Indicators Overview of Gaming Related Revenues in CY 2024 Revenues Rebound in March to Offset Last Month’s Declines
February 2025 Monthly Briefing	Overview of the Commission’s FY 2025 Revenue Estimate Update and FY 2026 Forecast FY 2026 Economic Outlook Illinois Economic Indicators General Funds Receipts See Small Dip in February
January 2025 Monthly Briefing	Tumultuous Week for the Economy Illinois Economic Indicators Intergovernmental Cooperation Report A Closer Look: Cook County IGT Another Mixed Month for General Funds Receipts in January
December 2024 Monthly Briefing	Economy: Illinois GDP by Metro Area Illinois Economic Indicators A Closer Look: Federal Sources Cannabis Quarterly – 2nd Quarter FY 2025 December Revenues See Significant Growth Due to Strong Month from Income Tax Receipts
November 2024 Special Pension Briefing
November 2024 Monthly Briefing	Economy: Illinois Employment by Metro Area Illinois Economic Indicators Revenues Rise in November on Strength of Federal Receipts Revenue Tables
October 2024 Monthly Briefing	Economy: Another Strong Quarter for the U.S. Economy Illinois Economic Indicators Overview of Gaming Related Revenues in FY 2024 Revenue: Total Revenues Fall Due to Anticipated Drop in Federal Receipts, but Base Revenues See Improvement in October
September 2024 Monthly Briefing	Economy: Fed Cuts and Household Income Rebounds Illinois Economic Indicators Cannabis Quarterly – 1st Quarter FY 2025 General Obligation Bonds Issued in September 2024 Significant Reallocation of Business-Related Tax Revenues Will Reoccur in FY 2025 Weaker Transfers and Federal Sources Creates Sharp Decline in September Revenues Despite Notable Increase in Personal Income Tax Receipts
August 2024 Monthly Briefing	Economy: Time to Cut Illinois Economic Indicators August Sees Slight Bump in Revenues in a Relatively Lackluster Receipting Month Downstate Police and Fire (Article 3 and 4) Pension Fund Consolidation Brief
July 2024 Monthly Briefing	U.S. Economy Beats Expectations in the 2nd Quarter Illinois Economic Indicators A Closer Look: Corporate Franchise Tax Enacted Changes Impacting Sales Tax “Net” Receipts in FY 2025 FY 2025 General Funds Revenues Off to Nice Start on Strength of Individual Income Tax Receipts in July