FY22 State revenues spiked by Federal funds and inflation.
The Commission on Government Forecasting and Accountability (CGFA) report included State revenue numbers for June, the final month of Fiscal Year 2022. For the first time in history, Illinois reported more than $50 billion in general funds receipts. Over two-thirds of this money, more than $35.9 billion, came from corporate and personal income tax payments. The federal American Rescue Plan Act (ARPA), enacted in March 2021, was by far the most significant single factor in the Illinois budget picture in FY22.
This was good news for the State’s current financial condition, as the report indicates that the strong revenues for FY22 were paced by the massive infusion of federal tax money. Meanwhile, runaway inflation, which has also spiked state sales tax revenue, and recession worries continue to loom on the horizon because of this cash infusion, and the long-term forecast of Illinois’ economic health remains unclear. CGFA does not expect this trend of soaring revenues to continue into FY23. Read More Here.
Annual Kids’ Fair on Aug. 13.
Join Sen. Dan McConchie and me for our FREE, family-friendly Kids’ Fair in partnership with the Foglia YMCA. This year’s fair will include nearly 50 exhibitors with activities and information ranging from face painting, water and boat safety, and a fire pole experience, to college savings information for parents. More than twenty vehicles will feature in the touch-a-truck exhibit, highlighted by a visit from the LIFENET Medical Helicopter, which will land on-site at 10:30 a.m. In addition to free admission, free refreshments and giveaways are also included. Join us on Aug. 13 from 9:30 a.m. – 12:30 p.m. More Info Here.
Annual School Supplies Drive to support local students.
Our annual school supplies drive is up and running. Join us in supporting students’ return to school by donating needed school supplies. Donated supplies will be provided to Joanie’s Closet and other local organizations. Donations may be dropped off at my Lake Zurich District Office Monday – Friday, 9 a.m. – 4 p.m., located at 92 E. Main St. in Lake Zurich through Friday, August 19, 2022. More Info Here.
Selected for 10th class of Edgar Fellows Program.
I’m humbled to have been chosen for this select group of emerging public policy leaders from across Illinois to participate in the 10th class of the Edgar Fellows Program. The program is a bipartisan initiative designed by former Illinois Governor Jim Edgar to inspire respectful and collaborative leadership to address the state’s major challenges. Read More Here.
One of my favorite things about being a State Representative is the opportunity to serve our communities through constituent services. Whether it’s hosting a community event to collect expired prescriptions, helping honor a fallen soldier or the incredible work our district office team does to help constituents through the professional licensing process, with unemployment claims or housing assistance programs. Since last year, my staff has worked with the State Treasurer’s office to help constituents recover more than $3 million held in the state’s ICash program. If you have questions or need assistance with any state program, our office is here to help, and we look forward to the opportunity to serve you.
So thankful for the giving hearts in our communities. Our Spread Good Cheer Collection Drive brought in dozens of the need items and hundreds of dollars in gift cards to support local children through CASA in Cook and Lake Counties.
Our annual Drug Take Back events have collected more than 700 pounds of expired or unwanted medications for proper disposal since 2021. Thanks to the Lake Zurich and Hawthorn Woods Police Departments for collaborating with my office over the past two years.
At our Recycling Event this summer, we recycled nearly two truckloads of electronics, several thousand pounds of shredded paper, dozens of bikes, as wells eyeglasses, hearing aids and flags for proper disposal. And numerous donations of building supplies and home items were collected to support Habitat for Humanity. Big thanks to all the organizations that helped make this event a success!
Thank you for taking the time to read my e-newsletter. It is an honor to represent our communities. If you have any questions or concerns about anything you read, please feel free to contact me.