News & Analysis as of

State Budgets Revenue State and Local Government

McGuireWoods Consulting

Gov. J.B. Pritzker Proposes Illinois 2026 Fiscal Year Budget

On Feb. 19, 2025, Gov. J.B. Pritzker gave his annual State of the State and budget address. He outlined priorities for the state of Illinois in fiscal year 2026 while highlighting the state’s fiscal successes under his...more

Winthrop & Weinstine, P.A.

Legislative Top 5: Special Edition - Minnesota Projects Budget Surplus for Fiscal Year 2026-2027

Minnesota Management and Budget (MMB) delivered the delayed February budget and economic forecast today. While MMB projects a $456 million surplus for the FY 2026-27 biennium, this projected surplus is now $160 million lower...more

Baker Donelson

Reduction in Tennessee State Budget Outlook and Tackling the Franchise Tax Problem

Baker Donelson on

Lower-than-expected growth in the Tennessee economy has resulted in a slight decline in tax revenues thus far this fiscal year. Further complicating matters, state officials also recently disclosed a potential legal problem...more

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