Posts tagged Illinois budget

    As Illinois budget comes together, total costs of migrant health care, union contracts not known

    May 26, 2023 // For pensions, the state plans to spend $10.2 billion, short of the actuarial estimate of what should be paid. “I think that is somewhere in the neighborhood of $16 billion,” Sims said of the actuarial estimate. During a committee hearing on the budget, state Sen. Chapin Rose, R-Mahomet, asked how a looming union contract with state workers will impact the budget. “This is going to hit us eventually, right, presumably in ‘24,” Rose said. “So is it the … departments, plural, are gonna have to live within the means of this budget or are we anticipating another supplemental down the road whenever the contract is released?” Sims said it’s not uncommon for legislators to pass supplemental appropriations if issues arise. Rose said unless the governor is able to curb union employee cost increases, that’s going to be likely.