Help Illinois Offset Loss in Federal Economic-Recovery Funds

Summary


SPRINGFIELD - Despite ongoing economic uncertainty, Illinois consumers opened their wallets in October, triggering a "surprising" surge in sales tax revenue for the state.

According to the General Assembly's Commission on Government Forecasting and Accountability, sales tax revenue jumped 10 percent in October and is up 12.5 percent for the year.

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Extract


Help Illinois Offset Loss in Federal Economic-Recovery Funds

The $55 million increase in October, combined with ad...

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