Illinois expenditure 2026

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  1. Click ‘Get Form’ to open the Illinois Expenditure form in the editor.
  2. Begin by entering the Entity Responsible for Reporting. This is crucial as it determines who will file the expenditures.
  3. Fill out the Non-reportable Expenditures section, ensuring you understand what does not need to be reported, such as personal expenses or campaign contributions.
  4. Select the appropriate Reporting Schedule based on your expenditures. You can choose from Itemized Schedule, Large Gatherings Schedule, or Giveaways Schedule.
  5. For each expenditure type selected, enter detailed information including Date of Expenditure, Amount, and Description. Ensure accuracy to avoid penalties.
  6. Review all entered data in the Itemized Records View Screen. Make any necessary edits before proceeding.
  7. Once all records are complete, click ‘Submit Expenditures’ to file your report officially.

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Revenues come mainly from tax collections, licensing fees, federal aid, and returns on investments. Expenditures generally include spending on government salaries, infrastructure, education, public pensions, public assistance, corrections, Medicaid, and transportation.
Illinois projected growth in expenditures versus projected revenue, 2025-2030. Despite the revenue boost, the state is only expecting to finish fiscal year 2025 with a $211 million surplus even less than last years $262 million predicted surplus. It will be followed by enormous budget deficits.
Top 5 NameObligations% of Total 1. 96.002 - Social Security Retirement Insurance $39.52B 78.07% 2. 93.778 - Grants to States for Medicaid $20.46B 40.42% 3. 96.001 - Social Security Disability Insurance $4.51B 8.9%3 more rows
All money in the State and Local Sales Tax Reform Fund is distributed monthly in the following order: 20 percent to Chicago, 10 percent to the Regional Transportation Authority (RTA), 0.6 percent to the Madison County Mass Transit District, $3.15 million to the Build Illinois Fund, and The remainder to the
The most diverse economy in the nation, strong in agribusiness and food processing and other industries including advanced manufacturing, energy, life sciences and biotech, business and professional services and TDL.

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Health and Social Services expenditures (including spending for medical assistance, children and family services, the operation of mental health and developmentally disabled facilities and other related services) totaled $19.731 billion in fiscal year 2024, accounting for 38.2% of total General Funds expenditures.

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