revenue

Government
7:43 am
Thu June 20, 2013

Cigarette Tax Hike Revenue Falls Short Of Goal

Illinois’ dollar-per-pack cigarette tax hike took effect a year ago this month. But the the Commission on Government Forecasting and Accountability says it's expected to fall $130 million short of initial revenue estimates. 

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Government
6:05 am
Wed June 6, 2012

Illinois tax revenue up 7.9% over last May

An increase was expected. But the revenue manager for the state's forecasting commission says income and sales taxes are exceeding expectations.

Jim Muschinske says it's too early to detect what's behind the 7.9 percent increase last month over May 2011 in revenues from personal income taxes.

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