Commission on Government Forecasting &

Accountability

COMMISSION CO-CHAIRS

Senator David Koehler

Representative C.D. Davidsmeyer

SENATE HOUSE

Omar Aquino Amy Elik

Darren Bailey Amy Grant
Donald DeWitte Sonya Harper
Elgie Sims Elizabeth Hernandez
Dave Syverson Anna Moeller

EXECUTIVE DIRECTOR DEPUTY DIRECTOR

Clayton Klenke Laurie Eby

REVENUE MANAGER PENSION MANAGER

Eric Noggle Dan Hankiewicz

REPORT COORDINATOR
Benjamin L. Varner

CONTRIBUTING AUTHORS
Julie Bae Anthony Bolton Lynnae Kapp

EXECUTIVE SECRETARY
Briana Stafford

Cover Photo: Fifth District Appellate Court, Mount Vernon, Illinois

 FY 2023 BUDGET SUMMARY
July 29, 2022

Table of Contents
Introduction
Introduction ............................................................................................................3
The Budget Process...................................................................................................4
Basis of Budgeting ....................................................................................................6
FY 2023 Budget Chronology .......................................................................................7
FY 2023 Budget Bills ................................................................................................8

Section 1. FY 2022 Budget Review

FY 2022 Revenue Recap .......................................................................................... 11
Review of FY 2022 Revenue Estimates vs. Actuals .......................................................... 17

Section 2. FY 2023 Budget

FY 2023 Budget Summary ........................................................................................ 23
FY 2023 Revenue Assumptions .................................................................................. 24
FY 2023 General Funds Budget Plan ............................................................................ 26
Summary of P.A. 102-0700 ....................................................................................... 27
FY 2023 Budget Implementation (BIMP) Bill ................................................................. 28
FY 2023 Appropriations by Agency ............................................................................. 34

Section 3. FY 2023 & Historical Budget Data

FY 2023 Budget by Funding Source............................................................................. 49
FY 2023 General Funds Revenues by Source per Budget Plan ............................................. 49
FY 2023 Total Appropriations by Major Purpose ............................................................. 50
FY 2023 General Funds Appropriations by Major Purpose ................................................. 50
General Funds Appropriations .................................................................................... 51
Detailed General Revenue Funds History....................................................................... 52
 General Funds Revenue History Annual $ Change ........................................................... 53
General Funds Base Expenditures History...................................................................... 54
General Funds Expenditures by Category ...................................................................... 54
General Funds Expenditures by Function ....................................................................... 54
General Funds Balances – Cash Basis ........................................................................... 55
Health and Social Services Expenditures History ............................................................. 56
Public Protection and Justice Expenditures History ........................................................... 56
General Government Expenditure History ...................................................................... 57
Federal COVID-19 Relief ......................................................................................... 58
Federal COVID-19 Stimulus Funding ........................................................................... 61
Federal COVID-19 Stimulus Funding to Illinois .............................................................. 62

Section 4. State Employee Headcount

Historical SERS Headcount ....................................................................................... 65
FY 2022 SERS Headcount ........................................................................................ 66
FY 2021 SERS Headcount ........................................................................................ 67
FY 2020 SERS Headcount ........................................................................................ 68
FY 2019 SERS Headcount ........................................................................................ 69
FY 2018 SERS Headcount ........................................................................................ 70
FY 2017 SERS Headcount ........................................................................................ 71
FY 2016 SERS Headcount ........................................................................................ 72
FY 2015 SERS Headcount ........................................................................................ 73
FY 2014 SERS Headcount ........................................................................................ 74
FY 2013 SERS Headcount ........................................................................................ 75

Section 5. State Employees’ Group Insurance

Group Insurance Enrollment ...................................................................................... 79
Group Insurance Appropriation and Liabilities ................................................................ 81
Liability per Participant ............................................................................................ 85
Group Insurance Liability Components ......................................................................... 86
Medicare ............................................................................................................. 87
Unpaid Bills Backlog ............................................................................................... 89
Section 6. Medicaid
Medicaid Requirements ............................................................................................ 93
Medicaid Enrollment ............................................................................................... 95
Medicaid Liability per Participant ............................................................................... 97
Medicaid Liability .................................................................................................. 98
Medicaid Funding..................................................................................................100

Section 7. Elementary & Secondary Education

Elementary and Secondary Education Funding ...............................................................105

Section 8. Pension Legislation

Pension Legislation – 2022 Spring Session ....................................................................111
SERS Tier 2 Alternative Formula Expansion .................................................................124
Extension of the Voluntary Pension Buyout Programs ......................................................125

Section 9. State Funded Retirement Systems

Unfunded Liabilities ...............................................................................................129

Section 10. Debt of the State of Illinois

Illinois Bonds at a Glance ........................................................................................137
MLF Borrowing....................................................................................................138
Short-term Borrowing .............................................................................................140
Bond Sales ..........................................................................................................142
Pension Obligation Bonds ........................................................................................145
Bond Authorization and Appropriated Amounts ..............................................................146
Bond Ratings Agencies Commentary ...........................................................................147
Illinois’ Credit Ratings ............................................................................................150

Section 11. Special Fund Transfers

FY 2018 – FY 2022 Interfund Borrowing .....................................................................155
FY 2015 Interfund Borrowing ...................................................................................159
Treasurer’s Investment Borrowing ..............................................................................160
 Special Fund Transfers Summary ...............................................................................162
FY 2018 Fund Sweeps ............................................................................................164
FY 2015 Fund Sweeps ............................................................................................168

Section 12. Appendices

Appendix A. Glossary............................................................................................173
Appendix B. Description of Funds .............................................................................184
Appendix C. Tax Rate History of Major Revenue Sources ................................................185
Appendix D. Composition of Income Tax Net Revenues ................................................186
 INTRODUCTION
• Introduction
• The Budget Process
• Basis of Budgeting
• FY 2023 Budget Chronology
• FY 2023 Budget Bills
 INTRODUCTION

Public Act 92-0067 mandates that the Commission on Government Forecasting and
Accountability (CGFA) prepare and publish a Budget Summary Report detailing Illinois’ most
recently enacted budget. The report is to be made available to all citizens of the State of Illinois
who request a copy. The summary report is to include information pertaining to the major
categories of appropriations, issues the General Assembly faced in allocating appropriations,
comparisons of appropriations from previous State fiscal years and other information related to
the current State of Illinois Budget.

The following report fulfills this mandate. The report begins with a discussion of the budgeting
process. The budgetary process is then summarized chronologically. A highlighting of the bills
that constitute the budget follows, along with other major legislation passed during the past spring
legislative session. A review of the previous year’s budget is then provided. The FY 2023
budget is summarized including a listing of appropriations by agency. Various areas of the
budget and State government operations, such as Elementary/Secondary Education, Medicaid,
and State pensions, are looked at in detail. The report concludes with a Glossary of Terms and
a Description of the various funds.

The Commission on Government Forecasting and Accountability would like to thank the four
Legislative Appropriations Staffs and other State agencies, in particular, the Governor’s Office
of Management and Budget, Central Management Services, the Department of Healthcare
and Family Services, the Department of Revenue, and the Office of the Comptroller for
supplying information making this report possible.

INTRODUCTION Page 3
 THE BUDGET PROCESS

The Illinois Constitution requires the Governor to prepare and submit a state budget to the
General Assembly that includes recommended spending levels for state agencies, estimated funds
available from tax collections and other sources, and state debt and liabilities. The Office of
Management and Budget (GOMB), by statute a part of the Governor's office, is responsible for
estimating revenues and developing budget recommendations that reflect the Governor's
programmatic and spending priorities. The Commission on Government Forecasting and
Accountability, by statute, is responsible for estimating revenues for the legislative branch of
government.

State agencies begin the budget process for the next fiscal year almost as soon as appropriations
for the current fiscal year, which begins July 1, are enacted. Budget analysts and agency staff
identify and estimate the cost of potential spending pressures for the next fiscal year, including
maintaining or annualizing current program levels, expanding services for existing programs and
initiating new programs. Revenue estimates for the current fiscal year and preliminary estimates
for the coming fiscal year are made by both the Governor’s Office of Management and Budget
and the Commission on Government Forecasting and Accountability.

During November and December, a detailed financial and programmatic review of agency
budgets is conducted. Funding requests typically exceed available resources. The Office of
Management and Budget works closely with agencies and the Governor's senior staff to try and
reduce programs and to redesign others to make them more efficient. Once budget options are
developed, they are presented to the Governor for his final decisions. Narrative statements
explaining the budget and complete budget request forms are printed in the budget book.

Concurrent with the operations and grants budgeting process, agencies develop a capital budget.
The Capital Development Board conducts a technical review and prepares cost estimates for state
facility projects for which it will be responsible. Other types of capital projects such as highway
construction, mass transit and airport facilities, alternative energy or school facilities are
reviewed by other State agencies. Once reviewed, projects are ranked by category considering
need, availability of resources and the Governor's priorities regarding repair and maintenance
projects versus new construction.

The Governor presents his recommended budget to a joint session of the Illinois General
Assembly. By law, the Governor must present his budget to the General Assembly no later than
the third Wednesday in February of each year. In addition to the Governor's official
presentation, briefings are held to acquaint legislators, their staffs, the media, and others with
the budget recommendations.

Legislative review of the Governor's budget recommendations begins almost immediately with
hearings before House and Senate appropriations committees. Appropriations committees may
adopt amendments to change the funding level recommended by the Governor. Once adopted
by the first committee, the appropriation bill moves to the full House or Senate for debate,

INTRODUCTION Page 4
amendment and a vote. When an appropriation bill passes in one chamber the bill moves to the
second chamber, where a similar process takes place. Changes made in either chamber must
ultimately be accepted by both the House and the Senate for the bill to pass and be presented to
the Governor.
By statute, any proposed amendments to the budget and any substantive legislation with fiscal or
revenue impacts must be accompanied by a Fiscal Note to describe such impacts. Final approval
of the budget usually does not occur until the end of the legislative session. Appropriation bills
require an effective date on or before the start of the fiscal year in order to be available for
expenditure at the beginning of the fiscal year, July 1. The Illinois Constitution requires a simple
majority vote of the General Assembly for a bill passed on or before May 31 to take effect
immediately. On or after June 1, a three-fifths vote of the General Assembly is required in order
for a bill to take effect.

Once the General Assembly passes the budget, the Governor must sign the appropriation bills
before funds can be spent. If the Governor does not want to approve a specific appropriation,
he may either line item veto (eliminate) it or reduce it. The rest of the appropriation bill is
unaffected by these vetoes and becomes effective. Line items that have been vetoed or reduced
must be reconsidered by the General Assembly during the fall session. The General Assembly
may return an item to the enacted level by majority vote in both houses in the case of a reduction
veto and by a three-fifths vote in the case of a line item veto.

If additional resources beyond those initially approved in the budget become necessary, a
supplemental appropriation bill may be passed any time the General Assembly is in session.

INTRODUCTION Page 5
 BASIS OF BUDGETING

Over time, the Illinois budget has been viewed as balanced in several ways, both at the time it
is presented by the Governor and at the time it is passed by the General Assembly. Illinois'
daily activities and annual budget historically have been operated and presented on a cash basis.
Expenditures are made from the available cash balances on hand, and the budget balances
estimated expenditures with estimated resources. The State's Comprehensive Annual Financial
Report, however, conforms to Generally Accepted Accounting Principles (GAAP) as prescribed
in pronouncements of the Governmental Accounting Standards Board. Public Act 90-479,
effective as of fiscal year 1999, amended the Civil Administrative Code to provide guidance to
the Governor, as he proposes the budget, and to the General Assembly, as it makes
appropriations, regarding the balanced budget requirements in the State constitution. This act
incorporates aspects of a modified accrual basis into the budget process for certain designated
funds, including the General Funds.

State law and the constitution require the Governor to prepare and submit to the General
Assembly an Executive Budget for the next fiscal year, which sets forth the Governor's
recommended appropriations, estimated revenues from taxes and other sources, estimated
balance of funds available for appropriation at the beginning of the fiscal year, and the plan for
expenditures during the fiscal year for every department of the State. Constitutionally, the
Governor must balance the budget by proposing expenditure recommendations that do not exceed
funds estimated to be available for the fiscal year. The budget includes most state funds but
excludes locally held funds and those state funds that are not subject to appropriation pursuant
to state law. It is submitted by line item with accompanying program information, including
personnel and capital detail, and performance and activity measures.

The General Assembly makes appropriations for all expenditures of public funds.
Constitutionally, the General Assembly must balance the budget by appropriating amounts not
to exceed funds they estimate to be available during the year. The Governor has the power to
approve, reduce or veto each appropriation passed by the General Assembly, and the General
Assembly may override these vetoes. Transfers in and out of funds pursuant to law or
discretionary acts of the Governor are not part of the appropriation process.

The State’s General Funds include the General Revenue Fund, the Common School Fund, the
General Revenue-Common School Special Account Fund, the Education Assistance Fund, the
Fund for the Advancement of Education, the Commitment to Human Services Fund, and the
Budget Stabilization Fund. All state revenues, not otherwise restricted by law, including the
majority of the State's major revenue sources, the income and sales taxes, are deposited into
these funds to specifically fund education programs and to generally fund the rest of state
government.

INTRODUCTION Page 6
 FY 2023 BUDGET CHRONOLOGY

Below is a chronological summary of the process of passing the FY 2023 budget, beginning with
the Governor’s introduced budget through his approving or vetoing of the proposed legislation,
and finally any veto overrides by the General Assembly. Historically, most spring legislative
sessions conclude near the end of May. However, due to a change in the primary election
schedule, the Spring 2022 Legislative Session was tentatively scheduled to end on April 8, 2022.

February 2
On February 20, 2022, Governor J.B. Pritzker presented his proposed FY 2023 budget before
a joint session of the Illinois General Assembly.

March 23-25
The General Assembly and the Governor approved SB 2803 which made additional
appropriations and supplemental appropriations for FY 2022 including $2.7 billion being
appropriated into the Illinois Unemployment Insurance Trust Fund, $898 million to pay off old
group health insurance bills, $230 million to the College Illinois Program, and $300 million in
extra pension payments.

April 9
On April 9, 2022, the General Assembly passed the budget for FY 2023 consisting primarily of
three bills; 1) an appropriation bill, 2) the Budget Implementation Bill and 3) a Budget and Tax
Relief package.

April 19
Governor Pritzker approved these three bills into law on April 19, 2022.

FY 2023 BUDGET VOTE TOTALS AND GOVERNOR ACTIONS

House House Vote Senate Senate Vote Governor Governor
Subject Matter Bill # Public Act
Vote Date Vote Date Action Action Date

FY 2022 Appropriations and Supplemental

Appropriations SB 2803 as amended by HFA 2 68-43-0 3/23/2022 39-16-0 3/24/2022 Approved 3/25/2022 P.A. 102-0696
FY 2022 Supplemental Appropriations and FY
2023 Appropriations and Reappropriations HB 900 as amended by SFA 4 72-42-0 4/9/2022 34-19-1 4/9/2022 Approved 4/19/2022 P.A. 102-0698

FY2023 Budget Implementation Act HB 4700 as amended by SFA 1 and 2 72-42-0 4/9/2022 37-18-0 4/9/2022 Approved 4/19/2022 P.A. 102-0699

Budget and Tax Relief SB 0157 as amended by HFA 2 and 3 110-0-4 4/9/2022 55-1-0 4/9/2022 Approved 4/19/2022 P.A. 102-0700

HFA =House Floor Amendment, SFA =Senate Floor Amendment

INTRODUCTION Page 7
 FY 2023 BUDGET BILLS

Bill # Sponsor Description Status

SB 2803 Senate: Holmes – FY 2022 Appropriations and P.A. 102-0696

Sims, Jr., et al. Supplemental Appropriations

House: Harris Appropriated money to the Illinois Unemployment

Insurance Trust Fund, paid off Group Health Insurance
bills, supported the College Illinois program, and made
extra pension payments
HB 900 Senate: Sims, Jr. – FY 2023 Appropriations P.A. 102-0698
Van Pelt, et al. Additional FY 2022 Supplemental
Appropriations
House: Welch –
Harris FY 2023 Capital and Operating Appropriations and
FY 2022 Supplemental Appropriations
HB 4700 Senate: Sims, Jr. – FY 2023 Budget Implementation P.A. 102-0699
Collins – Ellman Act

House: Harris – Budget implementation (BIMP) bill for the FY 2023

budget
Ammons
SB 0157 Senate: Hastings – Budget and Tax Relief P.A. 102-0700
Koehler, et al.
Property tax relief, suspension of sales tax on groceries,
suspension of increase in motor fuel tax, sales tax
House: Zalewski – holiday, extension and creation of numerous tax credits,
Hirschauer, et al. funding for rainy-day and pension funds

INTRODUCTION Page 8
 SECTION 1. FY 2022
BUDGET REVIEW
• FY 2022 Revenue Recap
• Review of FY 2022 Revenue Estimates vs. Actuals
 FY 2022 REVENUE RECAP

FY 2022 GENERAL FUNDS PERFORMANCE BY QUARTER (BASE)*

Change in Revenue Totals Compared to Same Prior Year Quarters
($ in millions)
$5,000
General Funds with Federal Funds Cumulative Change: $5.482 billion
$4,000 General Funds without Federal Funds Cumulative Change: $5.642 billion

$3,000
$2,540 $2,479
$2,462
$1,898
$2,000
$1,341

$1,000
$534

$0
($73) ($54)

-$1,000
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter

With Federal Funds Without Federal Funds

* Base figures exclude short-term borrowing, treasurer's investments, and federal funds assoociated with ARPA Reimbursement for Essential
Government Services.

First Quarter

Base July general funds revenues fell $880 million overall. An expected loss of approximately
$1.2 billion of income tax receipts related to the previous year’s delayed July 15th filing deadline
was the primary driver of the decline. Comparatively better sales tax receipting, coupled with
higher transfers into the general funds, along with a strong month for federal sources, served to
offset much of the income tax drop off.

August general funds base revenues grew $257 million overall. Comparatively better sales tax
and personal income tax performance coupled with $119 million in higher transfers into the
general funds were more than enough to offset some declines in other revenue areas. A good
month for federal sources also contributed to the monthly gain.

Base September general funds revenues grew an impressive $1.157 billion. Corporate income
tax receipts in particular fared exceptionally well, growing $412 million on a net basis. This
increase was joined by strong personal income tax [up $150 million net] and sales tax [up $135
million net] performance. In addition, federal sources significantly contributed to the monthly
gain, adding growth of $385 million.

SECTION 1. FY 2022 BUDGET REVIEW Page 11

Despite net income taxes being $587 million behind last year’s pace due to the timing of last
year’s final payment delay, through the first quarter of FY 2022, overall base receipts were up
$534 million. The stellar performance of September income tax receipts and the strong quarter
of sales taxes, federal sources, and overall transfers were the drivers of this quarterly increase.

Second Quarter

October general funds revenues grew $663 million. Comparatively higher federal source growth
represented the bulk of the gain, as receipts were $441 million higher than a very weak month
experienced the year prior. Contained in that monthly gain, however, was a $144 million transfer
from the Essential Government Services Support Fund related to the American Rescue Plan Act
(ARPA). Excluding these funds, the overall “base” gain was $519 million. In addition,
corporate income tax receipts along with sales tax receipts also performed impressively,
contributing to overall monthly growth.

Base November general funds revenues declined $105 million. A $449 million drop in federal
source revenues served to offset revenue gains experienced by the majority of other sources.
Last year, a November surge in federal source revenues occurred, which was related to an
increase in reimbursable spending made possible by Treasurer Investment borrowing as well as
Coronavirus Relief Fund moneys.

Base December general funds revenues declined $468 million. Comparatively lower federal
source revenues served to offset significant revenue gains by the vast majority of other sources.
Last year, $1.325 billion in federal sources were receipted in December, which was brought
about by a surge in reimbursable spending made possible from proceeds of the $2.0 billion in
short-term borrowing as well as reimbursement from federal Coronavirus Relief Fund moneys.
The $377 million in federal sources received this month [including $295 million from the ARPA
reimbursement for Essential Government Services] resulted in a year-over-year December loss
of $948 million for this revenue source. However, when these federal dollars are removed, the
remaining December general funds receipts were up a solid $775 million.

Through the first half of FY 2022, overall base receipts were up $479 million [or up $918 million
when including the $439 million in revenues from the ARPA reimbursement for Essential
Government Services]. This growth is despite the fact that Federal sources ended the second
quarter down $348 million after factoring in the December 2020 activity, as discussed above.
When removing the comparative loss of federal dollars from the equation, receipts grew a very
impressive $1.266 billion. This growth is even more impressive when considering that income
tax receipts were able to gain $266 million despite being compared to FY 2021 receipts that

SECTION 1. FY 2022 BUDGET REVIEW Page 12

benefitted from last year’s final payment delay, valued at approximately $1.3 billion. Net sales
tax performed extremely well, up $643 million through the first six months of the fiscal year.
All other sources trailed last year’s levels by a combined $40 million. Overall transfers were
ahead of last year’s pace by $397 million. Those gains reflect strong miscellaneous transfers,
particularly from the Capital Projects Fund, as well as the return of casino transfers.

Third Quarter

Base general funds revenues increased an impressive $1.721 billion in January. The increase
was due to strong gains from the State’s largest revenue sources. Income and sales tax net
receipts combined to rise $1.224 billion for the month. Receipts were further bolstered by a
comparatively strong performance of federal sources, which grew $511 million. This notable
monthly increase was in large part due to the small amount of federal revenues receipted last
year, at only $74 million.

After experiencing significant gains of over $1.7 billion in January, base general funds revenues
dipped slightly in February, down $75 million compared to the year prior. The minor decline
was in large part due to a slowdown of receipts from two of its largest revenue sources: personal
income tax and federal sources, which combined for a net loss of $130 million. The remaining
revenue sources had a net gain of $55 million.

After a brief February dip, General Funds receipts returned to its torrid pace in FY 2022 with
revenues rising $816 million in March. Gains were experienced from a majority of revenue
sources with the largest coming from the “big three” [personal income tax: +$507 million on a
net basis; corporate income tax: +$139 million net; sales tax: +$64 million net]. While the
growth in income tax revenues is a continuation of the increases seen throughout the fiscal year,
the extent of the March gains may, in part, be due to the return to a more-typical mid-April tax
deadline. [The monthly revenue impact of the tax deadline changes is further discussed in the
April and May summaries below].

With three-quarters of the fiscal year complete, overall base receipts were up an extraordinary
$2.941 billion. Individual income tax receipts were $973 million above last year’s pace on a net
basis, while corporate income tax revenues nearly matched this growth, up $972 million net.
Just as impressive were sales tax receipts, $826 million higher than last year’s levels on a net
basis. The revenue growth of the “big three” easily offset the combined $69 million in declines
of the remaining State sources. In addition, overall transfers continued to outpace last year’s
levels and were up $462 million through nine months of the fiscal year. Federal sources, when
not including the revenues from the ARPA Reimbursement for Essential Government Services,

SECTION 1. FY 2022 BUDGET REVIEW Page 13

were $223 million below last year’s levels with a quarter of the fiscal year remaining. However,
if the $439 million in year-to-date ARPA money was included, total federal sources were up
$216 million.

Fourth Quarter

General Funds receipts grew an astonishing $3.024 billion in April. While a notable year-over-
year increase was expected because of last year’s delay in the individual income tax deadline
from April to May, the extent of the increase surpassed even the most optimistic of expectations.
The $8.037 billion receipted in April was the highest base revenue total in any month in the
State’s history. Gross personal income tax receipts increased $2.312 billion on a net basis due
to the previously mentioned tax deadline factor, a continuation of solid withholding tax receipts,
and the result of 2021’s robust tax year of revenues culminating in the form of huge final tax
payments. In addition, a strong tax year of corporate profits manifested into substantial growth
in final tax payments, as corporate income tax revenues grew $557 million on a net basis. Also
contributing to the record-breaking year was a $73 million increase in the remaining State
sources, a $10 million combined gain in State transfers, and an additional $72 million from
federal sources.

After experiencing a record-month of revenues in April, base revenues dropped sharply in May,
falling $1.214 billion. However, a significant decline was expected due to the comparative timing
of the influx of individual income tax final payments [tax deadline of mid-May in 2021 vs mid-
April in 2022]. While this factor heavily aided the large revenue gains of March and April, the
lack of notable final payments in May 2022 is why personal income tax receipts fell $1.127
billion on a net basis, as compared to the prior May. In addition, federal sources dipped $138
million – likely reflecting the timing of available reimbursable spending dollars that came from
the aforementioned final payments of last year. The remaining revenue sources were only able
to offset these monthly losses by a combined $51 million.

General Funds base receipts finished the fiscal year off extremely well growing $730 million in
June. Corporate income tax receipts led the way by adding $373 million, or $287 million on a
net basis. Personal income tax revenues responded from its May tumbles with an increase of
$189 million, or $156 million net. Sales tax receipt growth slowed in June, but still managed to
add another $41 million or $23 million net. Base federal sources finished the year off strong
with growth of $127 million.

SECTION 1. FY 2022 BUDGET REVIEW Page 14

Year End

In the end, FY 2022 turned out to be a sensational fiscal year of revenues with base receipts
totaling $50.334 billion or $5.482 billion above FY 2021 levels. [If accounting for borrowing
related activity in FY 2021 and the ARPA reimbursement dollars in FY 2022, the comparative
growth is $3.820 billion with an overall FY 2022 total of $51.070 billion]. This record-breaking
fiscal year of revenues was led by the State’s “big three” revenue sources. Despite FY 2022
receipts being compared to FY 2021 which contained two periods of income tax final payments,
personal income tax receipts finished the year a whopping $2.787 billion above last year’s levels,
or $2.314 billion on a net basis. Perhaps more impressive was the $1.844 billion rise in
corporate income tax net receipts. Sales tax receipts were just as impressive, with year-over-
year growth in net receipts of $866 million.

While there were a few State sources that did see declines in FY 2022, the remaining State
sources combined to finish up $72 million higher than last year’s levels. These gains were led
by a $153 million increase in inheritance tax revenues, which benefitted from the strong market
conditions over the past several years, and a $104 million annual increase in miscellaneous State
source revenues. These sources helped offset a notable loss in revenues from the corporate
franchise tax [down $106 million]; cigarette taxes [down $27 million]; interest earnings [down
$27 million]; and insurance taxes [down $25 million].

Overall transfers finished the fiscal year $546 million above last year’s levels. A $39 million
reduction in refund fund transfers was offset by $388 million in gains from miscellaneous
transfers, $140 million in added revenue from the return of casino transfers and $43 million in
lottery transfer growth. Federal sources, when not including the revenues from the ARPA
reimbursement for Essential Government Services, ended FY 2022 $160 million below last fiscal
year’s levels. However, if the $736 million of ARPA money that was receipted in FY 2022 is
included, total federal sources rose $576 million for the year.

SECTION 1. FY 2022 BUDGET REVIEW Page 15

 Summary of Receipts
FY 2022 GROWTH BY QUARTER
FY 2022 AS COMPARED TO FY 2021 RECEIPTS
($ millions)
1st 2nd 3rd 4th FY 2022 vs FY 2021
Revenue Sources Quarter Quarter Quarter Quarter $ Change % Change
Net Personal Income Tax ($790) $412 $1,350 $1,341 $2,314 10.3%
Net Corporate Income Tax $202 $443 $328 $873 $1,844 51.8%
Net Sales Tax $381 $263 $184 $39 $866 9.2%
All Other State Sources ($100) $59 ($39) $152 $72 2.3%
Transfers In $234 $164 $75 $74 $546 35.1%
Federal Sources [base] $607 ($1,395) $564 $61 ($160) -3.4%
General Funds Subtotal [Base] $534 ($54) $2,462 $2,540 $5,482 12.2%
Cumulative Growth $534 $479 $2,941 $5,480
Treasurer's Investments $0 ($400) $0 $0 ($400) N/A
ARPA Reimb. for Essential Gov't Services $0 $439 $0 $298 $736 N/A
Short Term Borrowing [MLF] $0 ($1,998) $0 $0 ($1,998) N/A
Total General Funds $534 ($2,013) $2,462 $2,838 $3,819 8.1%
Cumulative Growth $534 ($1,479) $983 $3,820
CGFA SOURCE: Office of the Comptroller: Some totals may not equal, due to rounding

SECTION 1. FY 2022 BUDGET REVIEW Page 16

 REVIEW OF FY 2022 REVENUE ESTIMATES VS. ACTUALS

The following two tables display and compare the FY 2022 actuals with the original budget
assumptions. These tables also compare the actuals with the last official revenue estimates of
CGFA and GOMB.

In years past, the Commission would release a revenue estimate in March and an updated revision
in May. However, due to the early adjournment of the State Legislature in April, shortly after
its adoption of a FY 2023 budget, a May revision was deemed unnecessary. GOMB, on the
other hand, revised their February revenue estimates in April prior to adjournment, providing
the agency with additional months of better-than-expected actuals to apply towards their re-
estimate. As a result, the bottom-line revenue estimate totals from GOMB were higher than the
Commission and, therefore, closer to the FY 2022 actual total of $51.070 billion.

Despite both agencies making significant upward revisions over the course of the fiscal year
from the final budget revenue projections adopted in May 2021, FY 2022 ended up well
exceeding all “official” projections. In total, including the revenue received from the ARPA
reimbursement for Essential Government Services, actual receipts for FY 2022 finished $6.703
billion above the FY 2022 Final Budget Assumption; $2.582 billion or 5.3% above CGFA’s last
official March 2022 projection and $1.884 billion or 3.8% above the GOMB revision released
in April 2022.

FY 2022 proved to be another challenging year for revenue projections amidst the uniqueness of
this pandemic period and its disruptive effect on normal receipt patterns. However, Illinois is
far from alone in this occurrence. A June 2022 report from the National Association of State
Budget Officers indicates that 49 states reported FY 2022 general fund revenue collections
exceeding original budget forecasts.

In summary, the better-than-expected revenue gains in FY 2022 came from several atypical
revenue-enhancing factors that strongly influenced the overachieving nature of the economically
tied revenue sources. Those factors include: the one-time influx of federal stimulus dollars to
the nation’s economy; the continuation of a pandemic-related shift from non-taxed service-based
sales to taxable goods; and strong market conditions as a result of this enhanced activity, thus,
creating elevated taxable income and tax revenues from corporate profits and capital gains. The
influence of these particular factors is expected to wane as the State enters into FY 2023 resulting
in reduced revenue expectations for the upcoming fiscal year.

SECTION 1. FY 2022 BUDGET REVIEW Page 17

 REVENUE FORECAST COMPARISON SUMMARY
FY 2022 Actuals vs. FY 2022 Final Budget Assumptions and
vs. CGFA & GOMB Most Recent Official Estimates
($ millions)
Budget Difference CGFA Difference GOMB Difference
ACTUAL Assumption from Estimate from Revised from
Revenue Sources FY 2022 May-21 Actuals Mar-22 Actuals Apr-22 Actuals
Personal Income Taxes [Net] $24,839 $20,792 $4,047 $22,459 $2,380 $22,717 $2,122
Corporate Income Taxes [Net] $5,407 $3,293 $2,114 $4,527 $880 $4,858 $549
Sales Tax [Net] $10,234 $9,255 $979 $10,181 $53 $10,200 $34
All Other State Sources $3,178 $3,127 $51 $3,233 ($55) $3,240 ($62)
Transfers In $2,092 $1,697 $395 $2,068 $24 $2,073 $19
Federal Sources [Base] $4,584 $4,203 $381 $4,520 $64 $4,599 ($15)
General Funds Subtotal [Base] $50,334 $42,367 $7,967 $46,988 $3,346 $47,686 $2,648
ARPA Reimb. for Essential Gov't Services $736 $2,000 ($1,264) $1,500 ($764) $1,500 ($764)
Total General Funds Revenues $51,070 $44,367 $6,703 $48,488 $2,582 $49,186 $1,884
CGFA Source: Office of the Comptroller: Some totals may not equal due to rounding

SECTION 1. FY 2022 BUDGET REVIEW Page 18

 DETAILED REVENUE FORECAST COMPARISON
FY 2022 Actuals vs. FY 2022 Final Budget Assumptions and
vs. CGFA & GOMB Most Recent Official Estimates
($ millions)
Budget Difference CGFA Difference GOMB Difference
ACTUAL Assumption from Estimate from Revised from
Revenue Sources FY 2022 May-21 Actuals Mar-22 Actuals Apr-22 Actuals
State Taxes .
Personal Income Tax $29,137 $24,389 $4,748 $26,345 $2,792 $26,647 $2,490
Corporate Income Tax (regular) $6,831 $4,160 $2,671 $5,718 $1,113 $6,135 $696
Sales Taxes $10,984 $9,859 $1,125 $10,897 $87 $10,917 $67
Public Utility (regular) $750 $751 ($1) $748 $2 $743 $7
Cigarette Tax $254 $271 ($17) $260 ($6) $260 ($6)
Liquor Gallonage Taxes $183 $178 $5 $183 $0 $182 $1
Inheritance Tax $603 $345 $258 $535 $68 $535 $68
Insurance Taxes & Fees $455 $416 $39 $432 $23 $438 $17
Corporate Franchise Tax & Fees $216 $225 ($9) $240 ($24) $240 ($24)
Interest on State Funds & Investments $30 $70 ($40) $20 $10 $20 $10
Cook County Intergovernmental Transfer $244 $244 $0 $244 $0 $244 $0
Other Sources $443 $627 ($184) $571 ($128) $578 ($135)
Total State Taxes $50,130 $41,535 $8,595 $46,193 $3,937 $46,939 $3,191

Transfers In
Lottery $820 $739 $81 $818 $2 $818 $2
Gaming $140 $108 $32 $139 $1 $139 $1
Cannabis $115 $109 $6 $117 ($2) $109 $6
Refund Fund $242 $150 $92 $242 $0 $242 $0
Other $775 $591 $184 $752 $23 $765 $10
Total Transfers In $2,092 $1,697 $395 $2,068 $24 $2,073 $19

Total State Sources $52,222 $43,232 $8,990 $48,261 $3,961 $49,012 $3,210

Federal Sources $4,584 $4,203 $381 $4,520 $64 $4,599 ($15)

Total Federal & State Sources $56,806 $47,435 $9,371 $52,781 $4,025 $53,611 $3,195

Nongeneral Funds Distribution:

Refund Fund
Personal Income Tax [9.25% '22] ($2,696) ($2,256) ($440) ($2,437) ($259) ($2,465) ($231)
Corporate Income Tax [15% '22] ($1,026) ($624) ($402) ($858) ($168) ($920) ($106)
Local Govt Distributive Fund
Personal Income Tax ($1,602) ($1,341) ($261) ($1,449) ($153) ($1,465) ($137)
Corporate Income Tax ($398) ($243) ($155) ($333) ($65) ($357) ($41)
Sales Tax Distributions
Deposits into Road Fund ($132) ($116) ($16) ($125) ($7) ($118) ($14)
Distribution to the PTF and DPTF ($618) ($488) ($130) ($591) ($27) ($599) ($19)
General Funds Subtotal [Base] $50,334 $42,367 $7,967 $46,988 $3,346 $47,686 $2,648
ARPA Reimb. for Essential Gov't Services $736 $2,000 ($1,264) $1,500 ($764) $1,500 ($764)
Total General Funds Revenues $51,070 $44,367 $6,703 $48,488 $2,582 $49,186 $1,884
CGFA Source: Office of the Comptroller: Some totals may not equal due to rounding

SECTION 1. FY 2022 BUDGET REVIEW Page 19

 SECTION 2. FY 2023
BUDGET
• FY 2023 Budget Summary
• FY 2023 Revenue Assumptions
• FY 2023 General Funds Budget Plan
• Summary of P.A. 102-0700
• FY 2023 Budget Implementation (BIMP) Bill
• FY 2023 Appropriations by Agency
 FY 2023 BUDGET SUMMARY

Below is a table showing the new appropriations, continuing appropriations, and reappropriations
for all appropriated funds for FY 2023. The data shown is preliminary data from the Office of
the Comptroller’s Statewide Accounting Management System (SAMS) data warehouse as of July
26, 2022. The grand total of all appropriations is $182.7 billion for FY 2023. This is $1.7
billion, or -0.9%, below FY 2022’s total. While appropriations for Special State Funds and
General Funds were up almost $7.1 billion, this was offset by large declines in Federal Trust
Funds (-$5.5 billion), Debt Service Funds (-$1.9 billion), and Bond Financed Funds (-$1.4
billion). Historical data since FY 2017 can be seen in the bottom table.

A breakdown of the appropriations by agency can be found on page 34 and a description of the
different types of funds can be found in Appendix B on page 184.

FY 2023 BUDGET SUMMARY

($ Millions)*
New Continuing Total $ Change % Change
Fund Group Appropriations Appropriations Reappropriations Appropriations FY 22 to FY 23 FY 22 to FY 23
General Funds $44,822 $0 $25 $44,846 $1,097 2.5%
Highway Funds $5,398 $0 $12,502 $17,900 -$346 -1.9%
Special State Funds $41,774 $13,648 $4,259 $59,681 $5,993 11.2%
Bond Financed Funds $201 $290 $26,254 $26,745 -$1,353 -4.8%
Debt Service Funds $3,871 $0 $0 $3,871 -$1,942 -33.4%
Federal Trust Funds $23,744 $0 $2,489 $26,234 -$5,475 -17.3%
Revolving Funds $1,308 $0 $0 $1,308 $89 7.3%
State Trust Funds $1,662 $3 $415 $2,080 $198 10.5%
Grand Total $122,781 $13,941 $45,944 $182,666 -$1,740 -0.9%
*Preliminary Data
Source: Office of the Comptroller, Statewide Accounting Management Data Warehouse as of 7/26/22

TOTAL APPROPRIATIONS HISTORY

($ Millions)
Fund Group FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022* FY 2023*
General Funds $31,783 $36,179 $37,234 $39,113 $40,695 $43,750 $44,846
Highway Funds $7,954 $8,507 $8,999 $16,965 $17,590 $18,246 $17,900
Special State Funds $39,982 $36,166 $36,216 $41,114 $47,785 $53,688 $59,681
Bond Financed Funds $4,955 $4,534 $7,559 $28,130 $29,584 $28,099 $26,745
Debt Service Funds $5,237 $3,960 $5,850 $3,626 $6,301 $5,813 $3,871
Federal Trust Funds $8,752 $8,282 $8,401 $12,239 $26,545 $31,708 $26,234
Revolving Funds $1,468 $938 $1,217 $1,227 $1,231 $1,219 $1,308
State Trust Funds $625 $605 $676 $688 $1,315 $1,882 $2,080
Grand Total $100,756 $99,171 $106,152 $143,102 $171,046 $184,406 $182,666
*Preliminary Data
FY 2017 data includes court orders and consent decrees
Source: Office of the Comptroller, Statewide Accounting Management Data Warehouse as of 7/26/22

SECTION 2. FY 2023 BUDGET Page 23

 FY 2023 REVENUE ASSUMPTIONS

As stated previously, the strong revenue performance of FY 2022 was aided by unique
circumstances and factors, such as stimulus dollars and consumer behavioral changes, that cannot
be depended upon to repeat. As the impact of the stimulus dollars fade, inflationary pressures
grow, geopolitical concerns persist, and a return back to more service-based sales commences,
a noticeable slow-down and/or reduction of the prominent economically-tied revenue sources is
expected. This anticipated adverse impact on revenues is accounted for in the revenue figures
adopted to craft the FY 2023 budget.

As shown in the following table, the FY 2023 budget was crafted upon assumed “base” general
funds revenues of $46.429 billion, which would be notably less than the FY 2022 actual total of
$51.070 billion. Aside from the reasons mentioned above, part of the reason for this anticipated
decline is that no revenues related to the reimbursement for “Essential Government Services”
are assumed in the FY 2023 figures. [$736 million was received in FY 2022 from this
reimbursement]. Without these reimbursement dollars and because no borrowing is assumed as
part of FY 2023 anticipated revenues, the “base” general funds estimate matches the total general
funds revenue estimate in the table shown on the following page.

As discussed on pages 7 and 8, at the end of the Spring 2022 Legislative Session, there were
three prominent bills that were set into law that pertain to the FY 2023 budget: P.A. 102-0698
(HB 0900), P.A. 102-0699 (HB 4700), and P.A.102-0700 (SB 0157). However, as it relates to
State general funds revenues, there are only a few areas that will see revenue impacts from these
changes in FY 2023. These impacts are expected to be relatively modest and are incorporated
in the revenue estimates provided in the following table.

SECTION 2. FY 2023 BUDGET Page 24

 FY 2023 GENERAL FUNDS REVENUE
FINAL BUDGET ASSUMPTIONS
[Amounts per GOMB and Legislative Staffs]
($ millions)

FY 2023
Final Budget
Revenue Sources Assumptions
State Taxes
Personal Income Tax $26,512
Corporate Income Tax (regular) $5,786
Sales Taxes $10,907
Public Utility (regular) $720
Cigarette Tax $252
Liquor Gallonage Taxes $184
Inheritance Tax $409
Insurance Taxes & Fees $447
Corporate Franchise Tax & Fees $267
Interest on State Funds & Investments $35
Cook County Intergovernmental Transfer $244
Other Sources $593
Total State Taxes $46,356

Transfers In
Lottery $665
Gaming $157
Cannabis $142
Refund Fund $100
Other $949
Total Transfers In $2,013

Total State Sources $48,369

Federal Sources [Base] $4,000

Total Federal & State Sources $52,369

Nongeneral Funds Distribution:

Refund Fund
Personal Income Tax [9.25% '23] ($2,452)
Corporate Income Tax [14.5% '23] ($839)
Local Government Distributive Fund
Personal Income Tax ($1,482)
Corporate Income Tax ($339)
Sales Tax Distributions
Sales Tax Deposits into Road Fund ($229)
Sales Tax Distribution to the PTF and DPTF ($598)
General Funds Subtotal [Base] $46,429
ARPA Reimbursement for Essential Government Services $0
Total Revenues General Funds $46,429

SECTION 2. FY 2023 BUDGET Page 25

 FY 2023 GENERAL FUNDS BUDGET PLAN
Expenditures, Revenues/Resources, and Resulting Estimated Surplus
{Amounts per GOMB}
$ in millions

Revenues/Resources
FY 2023 Estimate
Revenue Source [April-2022]
Personal Income Taxes (Net): $22,577
Corporate Income Taxes (Net): $4,608
Sales Tax (Net): $10,080
All Other State Sources: $3,151
Transfers In: $2,013
Federal Sources: $4,000
Total Base Revenues: $46,429

Expenditures
Purpose FY 2023 Amount
K-12 Education: $9,758
Higher Education: $2,242
Pensions: $9,942
Human Services: $8,832
Healthcare: $8,165
Group Insurance: $1,831
Government Services: $1,841
Public Safety: $2,228
Debt Service: $1,580
Statutory Transfers Out: $387
Other One-Time Transfers Out: $325
Lapsed Appropriations: (1,145)
Total Base Expenditures: $45,986

Fiscal Year 2023 Est. General Funds "Base Surplus" : $444

Budget Stabilization Fund Contribution: -$312
Adjusted General Funds Surplus: $132
Source: https://www2.illinois.gov/sites/budget/Documents/Budget%20Book/FY2023-Budget-Book/FY23-Enacted-Walkdown-4.19.22.pdf

SECTION 2. FY 2023 BUDGET Page 26

 SUMMARY OF P.A. 102-0700

At the end of the Spring 2022 Legislative Session, P.A. 102-0700 (SB 0157) was enacted, which
made several significant budgetary related changes to Illinois law. The highlights of this public
act are listed below:

• Created numerous revenue and spending related changes including:

o Authorization of rebate checks and property tax refunds in FY 2023

o Suspension of 1% Sales Tax on groceries during FY 2023
o Earned Income Tax Credit changes starting in January 2023
o Suspension of Annual Inflation Rate Increase on Motor Fuel until January 2023
o Sales Tax Holiday on school supplies and clothing in August 2022*
o Creation of several tax credits for organ donation, agritourism, classroom
expenses, and EDGE credit changes [various starting dates]
o Breast Pump Sales Tax Exemption starting in July 2022*
o Extension of several tax credits*
o Funding for rainy-day and pension funds
o Incentives for microchip manufacturing in Illinois

• Much of the funding for these items comes from the Act’s authorization of the
following transfers, the majority of which come from FY 2022 funds:

o $685 million from the General Revenue Fund to the Income Tax Refund Fund to
pay for rebate checks [$685M in FY 2022]
o $520 million from the General Revenue Fund to the Income Tax Refund Fund to
pay for property tax refunds [$470M in FY 2022; $50M in FY 2023]
o $400 million from the General Revenue Fund to the Grocery Tax Replacement
Fund to pay for suspension of sales tax [$325M in FY 2022; $75M in FY 2023]
o $1.0 billion from the General Revenue Fund to the Budget Stabilization Fund
[$720M in FY 2022; $280M in FY 2023]
o $200 million from the General Revenue Fund to the Pension Stabilization Fund
[all in FY 2023]

As it pertains to State general funds revenues, there were very few revenue items from this public
act that will see significant impacts in FY 2023 [marked with an asterisk above]. Several tax
changes go into effect on January 1, 2023 (such as an increase in the earned income tax credit
and the classroom expense tax credit), but the impact of these changes on tax revenues will not
be felt until the following year’s tax filing in FY 2024. Items such as the 1-year suspension of
the 1% sales tax on groceries and the suspension of the motor fuel tax increase do not directly
impact the State’s general funds, and therefore, are not included in general fund related revenue
tables in this document.

SECTION 2. FY 2023 BUDGET Page 27

 FY 2023 Budget Implementation (BIMP) Bill

P.A. 102-0699 (HB 4700) is the Budget Implementation Bill for FY 2023. The bill does the
following to implement the FY 2023 budget:

TRANSFERS
• Transfers a total of $25.4 million ($20.2 million in General Funds) from numerous funds
to the Audit Expense Fund to fund Office of the Auditor General operations
• Increases the maximum annual transfer from General Revenue Fund (GRF) to the
University of Illinois Hospital Services Fund from $45.0 million to $55.0 million
o The additional GRF transfer above the current $45.0 million limit is needed to
cover the net state share of Graduate Medical Education programs
• Extends the $14.0 million annual transfer from GRF to the Partners for Conservation
Fund through FY 2023
• Directs the State Treasurer to transfer $3.75 million monthly ($45 million annually) from
GRF to the Budget Stabilization Fund
• Transfers a total of $13.9 million from numerous Secretary of State (SoS) funds to the
Secretary of State Identification Security and Theft Prevention Fund
• Increases the one-time transfer in FY 2022 from $40.0 million to $80.0 million from the
Capital Projects Fund (CPF) to the Rebuild Illinois Projects Fund
• Authorizes the Department of Healthcare and Family Services (HFS) to direct transfers
from the Healthcare Provider Relief Fund (HPRF) to GRF and other specified funds of
amounts attributable to the time-limited 10% point enhanced federal Medicaid match for
home and community-based services
• Provides for the following transfers from the GRF: $148 million to the Build Illinois
Bond Fund, $180 million to Rebuild Illinois Projects Fund, $500,000 to Governor’s
Administrative Fund, $500,000 to the Grant Accountability and Transparency Fund
• During FY 2023 only, expands the appropriation transfer limit from 2% to 4% and
includes lump sum operations appropriations
• Increases from $3.0 million to $5.5 million the annual transfer from the Grade Crossing
Protection Fund to the Transportation Regulatory Fund
• Extends the $5.0 million transfer from the Solid Waste Management Fund to GRF and
the $10.0 million transfer from the Underground Storage Tank Fund to GRF through FY
2023
• Repeals the Lawyers Assistance Program Fund once the year’s distribution to the
Attorney Registration and Disciplinary Commission occurs

SECTION 2. FY 2023 BUDGET Page 28

FINANCE
• Creates the Opioid Remediation State Trust Fund and Office of Opioid Settlement
Administration at the Department of Human Services (DHS) to receive opioid related
settlement proceeds and allows for the funds use as provided for in the settlements
• Extends through FY 2023 the reduced match requirement (from 50% to 25%) instituted
in FY 2021 to provide greater flexibility and funding for local tourism and convention
bureaus to receive money from the Department of Commerce and Economic Opportunity
(DCEO) through the Local Tourism Fund and International Tourism Fund
• Creates the Serve Illinois Commission Fund and allows DHS to transfer the remaining
balance of the Federal National Community Services Grant Fund to the new fund
• Fixes Lottery audit issue and allows for transfers into the Common School Fund and the
Capital Projects Fund
• Extends the I-Lottery program for 3 years
• Authorizes the Illinois Council on Developmental Disabilities (ICDD) to receive funds
from any source, public or private. Currently, ICDD may only receive federal funds for
limited purposes
• Creates the General Assembly Technology Fund and transfers $3 million into the fund
from the GRF
• Changes the General Assembly printing blackout period for 2022 only due to the delay
in the election for 2022
• Extends by one year the sunset on the Capital Development Board (CDB) Revolving
Fund, from 7/1/2022 to 7/1/2023 which funds the operations at the CDB
• Allows the Governor to direct transfers to the State CURE Fund of amounts previously
transferred from that fund to other funds
o State CURE Fund revenues originate from the federal Coronavirus Relief Fund
under the CARES Act
o Agencies that previously received transfers may not have the ability to fully
expend these federal funds before the federal 9/30/2022 deadline
o Allows unused funds to be redirected to other allowable costs
• Codifies the Agriculture Federal Projects Fund and the DNR Federal Projects Fund as
federal trust funds
• Authorizes the Illinois Department of Transportation (IDOT) to pay Pace paratransit
grants, RTA reduced fare subsidy grants, and Amtrak subsidies totaling $8.4 million
from the Road Fund
• Extends through FY 2023 the existing practice directing that State Pensions Fund
contributions comprise a portion of the State's required contributions to the State
Universities Retirement System (SURS)

SECTION 2. FY 2023 BUDGET Page 29

• Extends through FY 2023 agencies' authority to pay prompt payment interest from the
next fiscal year's appropriation if the underlying voucher is paid after June 30 of the
fiscal year
o If a voucher is paid during the lapse period, the interest amount may not be known
until after the lapse period closes, leaving agencies no means of making payment
• Creates American Rescue Plan Act (ARPA) programs for long term care facilities, hotels,
bars and restaurants, the arts sector, and ambulances
• Extends through FY 2023 the current practice of allowing the Personal Property
Replacement Tax (PPRT) Fund to be used for Illinois Community College Board (ICCB)
community college base operating grants and Illinois Department of Public Health
(IDPH) local health protection grants to local health departments
• Specifies that federal reimbursements resulting from capital improvements at state
veterans' homes shall remain in the Capital Development Board Contributory Trust Fund
to be spent on capital projects, and not be subject to transfer out to the General Obligation
Bond Retirement and Interest (GOBRI) Fund
• Revises allocation of resources in the Charitable Trust Stabilization Fund to 80%
available for grants and administrative costs, while 20% must be invested
• Sets at 9.25% the share of personal income taxes and 14.5% the share of corporate
income taxes deposited into the Income Tax Refund Fund, to reflect actual cash needs
into the fund
• Extends the sunset provision for the Municipal Hotel Operators Tax and Municipal Hotel
Use Tax in DuPage County by two years to promote tourism and conventions within the
municipality
• Creates the Board of Higher Education State Contracts and Grants Fund to allow the
Illinois Board of Higher Education (IBHE) to receive revenues from other state agencies
and units of local government
• Expands the available benefits from the Low Income Home Energy Assistance Program
(LIHEAP) to include specified home weatherization activities
• During FY 2023 only, waives the matching requirement for Open Space Lands
Acquisition and Development Fund (OSLAD) grants to distressed communities
• Creates the OSLAD Grant Funds Recovery Act to help local governments who were not
able to complete projects due to the COVID-19 pandemic
• Increases the Local Government Distributive Fund (LGDF) percentage of Individual
Income Taxes disbursed from 6.06% to 6.16%
• Updates the Alpha Kappa Alpha foundation name for Pan Hellenic license plates
• Allows Breath Alcohol Ignition Device (BAIID) Fund overpayment refunds to be issued
by SOS
• Extends the Joliet Arsenal Development Authority for 5 years

SECTION 2. FY 2023 BUDGET Page 30

 • Requires DCEO’s Office of Broadband to submit plans for review to the Legislative
Budget Oversight Commission
• During FY 2023 only, allows DCEO to pay grants to Choose Chicago from the Chicago
Travel Industry Promotion Fund
• Disbands and restarts the Illinois Investment Policy Board by providing that all current
members’ terms end on June 30, 2022 and makes stipulations on Governor Appointments
to the board.
• Allows the state to pay county sheriffs’ salaries from PPRT

HEALTH AND EDUCATION

• Creates the Climate Job Institute at the University of Illinois (U of I) for the purpose of
producing high-quality, reliable and accurate research on labor, employment and broader
social and economic impacts of decarbonizing the state’s economy.
• Creates the Statewide 9-8-8 Trust Fund to support DHS operations of a new suicide
prevention and mental health crisis hotline
o Includes a transfer of $5.0 million from the Statewide 9-1-1 Fund for startup costs
• Authorizes ICCB to establish the Pipeline for the Advancement of the Healthcare (PATH)
Workforce Program to train new nurses, medical assistants, medical laboratory
technicians, emergency medical technicians and other high-demand positions in the
healthcare field
• Increases the maximum Monetary Award Program (MAP) grant amount and expands
MAP grant eligibility to include occupational or career and technical certificate programs,
and directs both BHE and ICCB to share data with the Illinois Student Assistance
Commission (ISAC) as needed to assess MAP recipient educational persistence
• Allows ISAC to receive revenues from other units of government into the Illinois Student
Assistance Commission Contracts and Grants Fund, and to use that fund for research and
training activities in addition to outreach
• Provides for rate increases to community-based developmental disabilities service
providers, intermediate care facilities for persons with developmental disabilities
(ID/DD), and medically complex facilities for persons with developmental disabilies
(MC/DD) in order to support higher wages for direct care staff
• Creates fee waivers for nurses and other medical professionals
• Creates a 5% rate increase for specialized mental health rehabilitation facilities and an
incentive program to decrease beds per room.
• Specifies that supportive living facilities shall be tied to the new nursing home assessment
• Increases DHS sheltered care rates by 10%
• Directs HFS to implement a managed primary care demonstration project focused on
preventive care for residents

SECTION 2. FY 2023 BUDGET Page 31

 • Increases mental health and substance abuse rates
• Increases the rate at which medical providers are reimbursed by HFS or a Medicaid MCO
for providing medical forensic services to survivors of sexual assault to $1,000.
o Also adds that if a patient opts out of billing their private insurance, the provider
shall submit the request for reimbursement to HFS’s Sexual Assault Treatment
Program
• Updates the Invest in Kids Credit to continue through the 2023-2024 school year
• Beginning in FY 2023, redirects receipts related to Department of Juvenile Justice (DJJ)
schools from the Department of Corrections Reimbursement and Education Fund to the
Department of Juvenile Justice Reimbursement and Education Fund
• Allows ARPA funding to be used for building of schools in Decatur and Collinsville
• Authorizes ISBE to apply corrections on the evidence-based funding (EBF) calculation
for each organizational unit to ensure the correct amount of resources for FY 2023
• Creates the Significant Loss Grants Program at ISBE which helps fund school districts
by replacing lost funds due to the loss of large property tax entities for FY 2023

Administration
• Requires SoS to send postcards about potential constitutional amendments on ballot to all
Illinois residents
• Allows the Illinois Department of Central Management Services (CMS) to supervise and
administer the design, purchase, installation, operation and maintenance of electric
vehicle charging infrastructure and associated improvements on any property that is
owned or controlled by the State
• Allows the DeWitt County Fair to qualify for the Department of Agriculture's county
fair disbursement programs
• Transfers responsibilities under the Nursing Education Scholarship Law from DPH to
ISAC
• Waives liquor retailers' license renewal fees for retailers holding a "1A" license, which
includes most licensees who do not also produce liquor
• Extends through FY 2023 provisions that the Illinois Department of Corrections (IDOC)
shall oversee Illinois Correctional Industries (ICI), and that the ICI budget not be separate
from the rest of the IDOC budget
• Allows reimbursement for part-time detention officers by the state
• Allows DHS, DCEO, IDOT, DPH and the Department of Natural Recourses (DNR) to
contract out grant management services
• Extends for one year and makes changes to the Legislative Budget Oversight Commission
o Allows the Commission meetings to be called by one of the co-chairs (rather than
quarterly)
• Removes the term limits for the Metropolitan Pier and Exposition Authority (MPEA)
board members

SECTION 2. FY 2023 BUDGET Page 32

• Allows for all local governments to participate in the Law Enforcement Camera Grant
Program.
• Creates the Electric Vehicle Coordinator position at CMS
• Allows the Architect of the Capitol to oversee renovations at the Capitol
• Requires the Department of Children and Family Services (DCFS) to contract with a rate
consultant to study and develop potential new rates and rate methodologies to determine
the resources necessary to create and maintain a robust staff to meet the needs of all
youths in the Department’s care
• Extends the sunset until 7/1/24 for when the Casino Queen is allowed to relocate within
3 miles of where it is currently located

SECTION 2. FY 2023 BUDGET Page 33

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Elementary & Secondary Education
Illinois Education Labor Relations Board
Total $2.36 $0.00 $0.00 $2.36
Special State Funds $2.36 $0.00 $0.00 $2.36
State Board of Education
Total $20,296.26 $0.00 $235.39 $20,531.65
General Funds $9,758.47 $0.00 $0.00 $9,758.47
Special State Funds $115.54 $0.00 $190.33 $305.87
Bond Financed Funds $0.00 $0.00 $25.00 $25.00
Federal Trust Funds $10,401.61 $0.00 $20.06 $10,421.67
State Trust Funds $20.64 $0.00 $0.00 $20.64
Teachers' Pension and Retirement System, Chicago
Total $308.67 $0.00 $0.00 $308.67
General Funds $308.67 $0.00 $0.00 $308.67
Teachers' Retirement System
Total $6,000.76 $170.00 $0.00 $6,170.76
General Funds $6,000.76 $0.00 $0.00 $6,000.76
Bond Financed Funds $0.00 $170.00 $0.00 $170.00
Elementary & Secondary Education Totals
Total $26,608.05 $170.00 $235.39 $27,013.44
General Funds $16,067.90 $0.00 $0.00 $16,067.90
Highway Funds $0.00 $0.00 $0.00 $0.00
Special State Funds $117.90 $0.00 $190.33 $308.23
Bond Financed Funds $0.00 $170.00 $25.00 $195.00
Debt Service Funds $0.00 $0.00 $0.00 $0.00
Federal Trust Funds $10,401.61 $0.00 $20.06 $10,421.67
Revolving Funds $0.00 $0.00 $0.00 $0.00
State Trust Funds $20.64 $0.00 $0.00 $20.64
Higher Education
Board of Higher Education
Total $158.93 $0.00 $12.47 $171.40
General Funds $13.90 $0.00 $0.50 $14.40
Special State Funds $11.53 $0.00 $0.00 $11.53
Bond Financed Funds $0.00 $0.00 $10.94 $10.94
Federal Trust Funds $133.50 $0.00 $1.03 $134.53
Chicago State University
Total $40.08 $0.00 $0.00 $40.08
General Funds $36.77 $0.00 $0.00 $36.77
Special State Funds $3.31 $0.00 $0.00 $3.31
Eastern Illinois University
Total $43.50 $0.00 $0.00 $43.50
General Funds $43.50 $0.00 $0.00 $43.50
Special State Funds $0.01 $0.00 $0.00 $0.01

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 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Higher Education (cont.)
Governors State University
Total $24.35 $0.00 $0.00 $24.35
General Funds $24.35 $0.00 $0.00 $24.35
Illinois Community College Board
Total $557.99 $0.00 $10.00 $567.99
General Funds $314.30 $0.00 $0.00 $314.30
Special State Funds $193.20 $0.00 $0.00 $193.20
Federal Trust Funds $50.40 $0.00 $10.00 $60.40
State Trust Funds $0.10 $0.00 $0.00 $0.10
Illinois Math and Science Academy
Total $24.82 $0.00 $0.00 $24.82
General Funds $19.89 $0.00 $0.00 $19.89
Special State Funds $4.93 $0.00 $0.00 $4.93
Illinois State University
Total $73.13 $0.00 $0.00 $73.13
General Funds $73.10 $0.00 $0.00 $73.10
Special State Funds $0.03 $0.00 $0.00 $0.03
Illinois Student Assistance Commission
Total $968.00 $0.00 $7.33 $975.33
General Funds $670.90 $0.00 $0.00 $670.90
Special State Funds $15.68 $0.00 $0.00 $15.68
Federal Trust Funds $281.42 $0.00 $7.33 $288.75
Northeastern Illinois University
Total $37.35 $0.00 $0.00 $37.35
General Funds $37.35 $0.00 $0.00 $37.35
Northern Illinois University
Total $92.22 $0.00 $0.00 $92.22
General Funds $92.19 $0.00 $0.00 $92.19
Special State Funds $0.02 $0.00 $0.00 $0.02
State Universities Civil Service Merit Board
Total $1.17 $0.00 $0.00 $1.17
General Funds $1.17 $0.00 $0.00 $1.17
State Universities Retirement System
Total $2,148.50 $0.00 $0.00 $2,148.50
General Funds $1,933.50 $0.00 $0.00 $1,933.50
Special State Funds $215.00 $0.00 $0.00 $215.00
Southern Illinois University
Total $207.98 $0.00 $0.00 $207.98
General Funds $206.71 $0.00 $0.00 $206.71
Special State Funds $1.27 $0.00 $0.00 $1.27
University of Illinois
Total $668.74 $0.00 $0.71 $669.46
General Funds $655.24 $0.00 $0.00 $655.24
Special State Funds $13.50 $0.00 $0.00 $13.50
Federal Trust Funds $0.00 $0.00 $0.71 $0.71

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 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Higher Education (cont.)
Western Illinois University
Total $52.08 $0.00 $0.00 $52.08
General Funds $52.07 $0.00 $0.00 $52.07
Special State Funds $0.01 $0.00 $0.00 $0.01
Higher Education Totals
Total $5,098.83 $0.00 $30.51 $5,129.34
General Funds $4,174.94 $0.00 $0.50 $4,175.44
Highway Funds $0.00 $0.00 $0.00 $0.00
Special State Funds $458.48 $0.00 $0.00 $458.48
Bond Financed Funds $0.00 $0.00 $10.94 $10.94
Debt Service Funds $0.00 $0.00 $0.00 $0.00
Federal Trust Funds $465.32 $0.00 $19.08 $484.39
Revolving Funds $0.00 $0.00 $0.00 $0.00
State Trust Funds $0.10 $0.00 $0.00 $0.10
Departments
Aging
Total $1,653.56 $0.00 $0.00 $1,653.56
General Funds $1,343.32 $0.00 $0.00 $1,343.32
Special State Funds $6.40 $0.00 $0.00 $6.40
Federal Trust Funds $303.49 $0.00 $0.00 $303.49
State Trust Funds $0.35 $0.00 $0.00 $0.35
Agriculture
Total $220.61 $0.00 $0.00 $220.61
General Funds $29.12 $0.00 $0.00 $29.12
Special State Funds $105.00 $0.00 $0.00 $105.00
Federal Trust Funds $85.29 $0.00 $0.00 $85.29
State Trust Funds $1.20 $0.00 $0.00 $1.20
Central Management Services
Total $6,377.46 $0.00 $0.00 $6,377.46
General Funds $1,904.07 $0.00 $0.00 $1,904.07
Highway Funds $110.28 $0.00 $0.00 $110.28
Special State Funds $3,710.00 $0.00 $0.00 $3,710.00
Revolving Funds $546.25 $0.00 $0.00 $546.25
State Trust Funds $106.85 $0.00 $0.00 $106.85
Children and Family Services
Total $1,807.25 $0.00 $3.17 $1,810.42
General Funds $1,327.14 $0.00 $0.00 $1,327.14
Special State Funds $466.80 $0.00 $0.00 $466.80
Federal Trust Funds $10.51 $0.00 $3.17 $13.68
State Trust Funds $2.79 $0.00 $0.00 $2.79

SECTION 2. FY 2023 BUDGET Page 36

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Departments (cont.)
Commerce and Economic Opportunity
Total $3,185.57 $0.00 $5,846.80 $9,032.37
General Funds $200.09 $0.00 $12.17 $212.26
Special State Funds $1,378.73 $0.00 $119.62 $1,498.34
Bond Financed Funds $170.42 $0.00 $4,135.57 $4,305.98
Federal Trust Funds $1,436.33 $0.00 $1,227.06 $2,663.40
State Trust Funds $0.00 $0.00 $352.38 $352.38
Corrections
Total $1,827.72 $0.00 $6.85 $1,834.56
General Funds $1,635.72 $0.00 $6.85 $1,642.56
Special State Funds $142.00 $0.00 $0.00 $142.00
Federal Trust Funds $50.00 $0.00 $0.00 $50.00
Employment Security
Total $540.49 $0.00 $0.00 $540.49
General Funds $21.20 $0.00 $0.00 $21.20
Highway Funds $4.00 $0.00 $0.00 $4.00
Federal Trust Funds $515.29 $0.00 $0.00 $515.29
Financial and Professional Regulation
Total $138.71 $0.00 $1.20 $139.91
Special State Funds $138.71 $0.00 $1.20 $139.91
Healthcare and Family Services
Total $34,012.36 $0.00 $0.00 $34,012.36
General Funds $8,164.97 $0.00 $0.00 $8,164.97
Special State Funds $25,338.31 $0.00 $0.00 $25,338.31
Federal Trust Funds $315.00 $0.00 $0.00 $315.00
State Trust Funds $194.07 $0.00 $0.00 $194.07
Human Rights
Total $20.81 $0.00 $0.00 $20.81
General Funds $15.42 $0.00 $0.00 $15.42
Special State Funds $0.60 $0.00 $0.00 $0.60
Federal Trust Funds $4.79 $0.00 $0.00 $4.79
Human Services
Total $12,074.74 $0.00 $225.07 $12,299.81
General Funds $5,534.99 $0.00 $0.00 $5,534.99
Special State Funds $1,073.46 $0.00 $0.00 $1,073.46
Federal Trust Funds $4,959.07 $0.00 $225.07 $5,184.14
State Trust Funds $507.23 $0.00 $0.00 $507.23
Illinois Power Agency
Total $93.17 $0.00 $0.00 $93.17
Special State Funds $84.00 $0.00 $0.00 $84.00
State Trust Funds $9.17 $0.00 $0.00 $9.17

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 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Departments (cont.)
Innovation and Technology
Total $827.90 $0.00 $141.39 $969.29
General Funds $27.70 $0.00 $0.00 $27.70
Bond Financed Funds $0.00 $0.00 $141.39 $141.39
Revolving Funds $750.00 $0.00 $0.00 $750.00
State Trust Funds $50.20 $0.00 $0.00 $50.20
Insurance
Total $67.77 $3.50 $0.00 $71.27
Special State Funds $67.77 $3.50 $0.00 $71.27
Juvenile Justice
Total $134.35 $0.00 $0.00 $134.35
General Funds $121.35 $0.00 $0.00 $121.35
Special State Funds $13.00 $0.00 $0.00 $13.00
Labor
Total $17.40 $0.00 $0.00 $17.40
General Funds $9.27 $0.00 $0.00 $9.27
Special State Funds $2.74 $0.00 $0.00 $2.74
Federal Trust Funds $5.40 $0.00 $0.00 $5.40
Lottery
Total $2,228.94 $0.00 $0.00 $2,228.94
Special State Funds $2,228.94 $0.00 $0.00 $2,228.94
Military Affairs
Total $64.72 $0.00 $146.59 $211.31
General Funds $18.21 $0.00 $0.00 $18.21
Special State Funds $6.10 $0.00 $75.00 $81.10
Bond Financed Funds $0.00 $0.00 $71.59 $71.59
Federal Trust Funds $40.41 $0.00 $0.00 $40.41
Natural Resources
Total $658.66 $0.00 $944.92 $1,603.58
General Funds $66.13 $0.00 $0.87 $67.00
Special State Funds $392.82 $0.00 $399.60 $792.43
Bond Financed Funds $1.47 $0.00 $434.62 $436.08
Federal Trust Funds $148.18 $0.00 $81.43 $229.61
State Trust Funds $50.06 $0.00 $28.39 $78.46
Public Health
Total $3,033.37 $0.00 $25.00 $3,058.37
General Funds $297.34 $0.00 $0.00 $297.34
Special State Funds $184.40 $0.00 $0.00 $184.40
Bond Financed Funds $0.00 $0.00 $15.00 $15.00
Federal Trust Funds $2,489.26 $0.00 $10.00 $2,499.26
State Trust Funds $62.37 $0.00 $0.00 $62.37

SECTION 2. FY 2023 BUDGET Page 38

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Departments (cont.)
Revenue
Total $1,684.80 $13,617.50 $923.54 $16,225.84
General Funds $49.04 $0.00 $0.00 $49.04
Highway Funds $128.94 $0.00 $0.00 $128.94
Special State Funds $1,356.31 $13,617.50 $405.03 $15,378.84
Bond Financed Funds $0.00 $0.00 $146.01 $146.01
Federal Trust Funds $150.50 $0.00 $372.49 $522.99
State Trust Funds $0.01 $0.00 $0.00 $0.01
State Police
Total $795.67 $0.00 $122.50 $918.17
General Funds $328.12 $0.00 $0.00 $328.12
Special State Funds $437.55 $0.00 $0.00 $437.55
Bond Financed Funds $0.00 $0.00 $122.50 $122.50
Federal Trust Funds $30.00 $0.00 $0.00 $30.00
Transportation
Total $6,424.39 $0.00 $24,767.93 $31,192.32
Highway Funds $5,125.71 $0.00 $12,502.48 $17,628.19
Special State Funds $1,064.83 $0.00 $785.28 $1,850.11
Bond Financed Funds $0.00 $0.00 $11,121.43 $11,121.43
Federal Trust Funds $233.80 $0.00 $358.75 $592.55
Revolving Funds $0.05 $0.00 $0.00 $0.05
Veterans' Affairs
Total $183.41 $0.00 $0.00 $183.41
General Funds $159.78 $0.00 $0.00 $159.78
Special State Funds $21.36 $0.00 $0.00 $21.36
Federal Trust Funds $2.27 $0.00 $0.00 $2.27
Departments Totals
Total $78,073.83 $13,621.00 $33,154.96 $124,849.80
General Funds $21,252.99 $0.00 $19.89 $21,272.88
Highway Funds $5,368.93 $0.00 $12,502.48 $17,871.41
Special State Funds $38,219.83 $13,621.00 $1,785.73 $53,626.56
Bond Financed Funds $171.88 $0.00 $16,188.11 $16,360.00
Debt Service Funds $0.00 $0.00 $0.00 $0.00
Federal Trust Funds $10,779.60 $0.00 $2,277.97 $13,057.57
Revolving Funds $1,296.31 $0.00 $0.00 $1,296.31
State Trust Funds $984.30 $0.00 $380.78 $1,365.08
Other Agencies
Abraham Lincoln Presidential Library and Museum
Total $16.34 $0.00 $0.00 $16.34
General Funds $8.59 $0.00 $0.00 $8.59
Special State Funds $7.75 $0.00 $0.00 $7.75
Arts Council
Total $14.71 $0.00 $50.05 $64.76
General Funds $13.64 $0.00 $0.00 $13.64
Special State Funds $0.00 $0.00 $50.03 $50.03
Federal Trust Funds $1.08 $0.00 $0.02 $1.10

SECTION 2. FY 2023 BUDGET Page 39

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Other Agencies (cont.)
Capital Development Board
Total $38.72 $0.00 $9,382.79 $9,421.51
Special State Funds $14.47 $0.00 $50.00 $64.47
Bond Financed Funds $24.25 $0.00 $9,299.05 $9,323.30
State Trust Funds $0.00 $0.00 $33.74 $33.74
Civil Service Commission
Total $0.50 $0.00 $0.00 $0.50
General Funds $0.50 $0.00 $0.00 $0.50
Commission on Equity and Inclusion
Total $6.80 $0.00 $0.00 $6.80
General Funds $2.80 $0.00 $0.00 $2.80
Revolving Funds $4.00 $0.00 $0.00 $4.00
Commission on Human Rights
Total $4.22 $0.00 $0.00 $4.22
General Funds $4.22 $0.00 $0.00 $4.22
Coroner Training Board
Total $0.45 $0.00 $0.00 $0.45
Special State Funds $0.45 $0.00 $0.00 $0.45
Council on Developmental Disabilities
Total $4.88 $0.00 $0.00 $4.88
Federal Trust Funds $4.88 $0.00 $0.00 $4.88
Court of Claims
Total $48.34 $0.00 $0.00 $48.34
General Funds $32.89 $0.00 $0.00 $32.89
Highway Funds $0.50 $0.00 $0.00 $0.50
Special State Funds $2.95 $0.00 $0.00 $2.95
Federal Trust Funds $10.00 $0.00 $0.00 $10.00
Revolving Funds $2.00 $0.00 $0.00 $2.00
Criminal Justice Information Authority
Total $556.06 $0.00 $28.96 $585.02
General Funds $133.04 $0.00 $0.00 $133.04
Special State Funds $35.55 $0.00 $0.00 $35.55
Federal Trust Funds $256.08 $0.00 $28.96 $285.04
State Trust Funds $131.40 $0.00 $0.00 $131.40
Deaf and Hard of Hearing Commission
Total $0.93 $0.00 $0.00 $0.93
General Funds $0.69 $0.00 $0.00 $0.69
Special State Funds $0.25 $0.00 $0.00 $0.25
Environmental Protection Agency
Total $1,432.20 $0.00 $2,497.24 $3,929.44
Highway Funds $23.00 $0.00 $0.00 $23.00
Special State Funds $1,311.20 $0.00 $2,176.38 $3,487.58
Bond Financed Funds $0.00 $0.00 $320.86 $320.86
Federal Trust Funds $91.16 $0.00 $0.00 $91.16
State Trust Funds $6.85 $0.00 $0.00 $6.85

SECTION 2. FY 2023 BUDGET Page 40

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Other Agencies (cont.)
Executive Ethics Commission
Total $12.18 $0.00 $0.00 $12.18
General Funds $9.27 $0.00 $0.00 $9.27
Highway Funds $1.02 $0.00 $0.00 $1.02
Special State Funds $0.84 $0.00 $0.00 $0.84
Revolving Funds $1.06 $0.00 $0.00 $1.06
Governor's Office of Management and Budget
Total $590.04 $0.00 $0.00 $590.04
General Funds $3.10 $0.00 $0.00 $3.10
Special State Funds $0.11 $0.00 $0.00 $0.11
Bond Financed Funds $2.13 $0.00 $0.00 $2.13
Debt Service Funds $580.70 $0.00 $0.00 $580.70
Revolving Funds $4.00 $0.00 $0.00 $4.00
Guardianship and Advocacy Commission
Total $14.21 $0.00 $0.00 $14.21
General Funds $11.21 $0.00 $0.00 $11.21
Special State Funds $3.00 $0.00 $0.00 $3.00
Illinois Commerce Commission
Total $67.55 $0.00 $0.00 $67.55
Special State Funds $67.55 $0.00 $0.00 $67.55
Illinois Emergency Management Agency
Total $2,284.99 $0.00 $143.19 $2,428.18
General Funds $35.18 $0.00 $0.00 $35.18
Special State Funds $38.63 $0.00 $0.00 $38.63
Federal Trust Funds $1,710.91 $0.00 $143.19 $1,854.10
State Trust Funds $500.28 $0.00 $0.00 $500.28
Illinois Gaming Board
Total $248.14 $0.00 $0.00 $248.14
Special State Funds $248.14 $0.00 $0.00 $248.14
Illinois Independent Tax Tribunal
Total $0.57 $0.00 $0.00 $0.57
General Funds $0.50 $0.00 $0.00 $0.50
Special State Funds $0.07 $0.00 $0.00 $0.07
Illinois Labor Relations Board
Total $2.16 $0.00 $0.00 $2.16
General Funds $2.16 $0.00 $0.00 $2.16
Illinois Law Enforcement Training and Standards Board
Total $145.06 $0.00 $0.00 $145.06
General Funds $65.88 $0.00 $0.00 $65.88
Special State Funds $71.19 $0.00 $0.00 $71.19
Federal Trust Funds $8.00 $0.00 $0.00 $8.00
Illinois Workers' Compensation Commission
Total $30.08 $2.97 $0.00 $33.05
Special State Funds $30.08 $0.00 $0.00 $30.08
State Trust Funds $0.00 $2.97 $0.00 $2.97

SECTION 2. FY 2023 BUDGET Page 41

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Other Agencies (cont.)
Liquor Control Commission
Total $11.62 $0.00 $0.00 $11.62
Special State Funds $11.62 $0.00 $0.00 $11.62
Metropolitan Pier and Exposition Authority
Total $277.06 $0.00 $0.00 $277.06
Special State Funds $277.06 $0.00 $0.00 $277.06
Office of the Executive Inspector General
Total $9.84 $0.00 $0.00 $9.84
General Funds $8.23 $0.00 $0.00 $8.23
Special State Funds $1.61 $0.00 $0.00 $1.61
Prisoner Review Board
Total $3.24 $0.00 $0.00 $3.24
General Funds $3.06 $0.00 $0.00 $3.06
Special State Funds $0.19 $0.00 $0.00 $0.19
Procurement Policy Board
Total $0.53 $0.00 $0.00 $0.53
General Funds $0.53 $0.00 $0.00 $0.53
Property Tax Appeal Board
Total $9.06 $0.00 $0.00 $9.06
Special State Funds $9.06 $0.00 $0.00 $9.06
Racing Board
Total $5.55 $0.00 $0.00 $5.55
Special State Funds $5.55 $0.00 $0.00 $5.55
Sex Offender Management Board
Total $0.10 $0.00 $0.00 $0.10
Special State Funds $0.10 $0.00 $0.00 $0.10
Sports Facilities Authority
Total $72.15 $0.00 $0.00 $72.15
Special State Funds $72.15 $0.00 $0.00 $72.15
State Employees' Retirement System
Total $1,664.77 $100.00 $0.00 $1,764.77
General Funds $1,664.77 $0.00 $0.00 $1,664.77
Bond Financed Funds $0.00 $100.00 $0.00 $100.00
State Fire Marshal
Total $47.01 $4.05 $0.00 $51.06
Special State Funds $46.01 $4.05 $0.00 $50.06
Federal Trust Funds $1.00 $0.00 $0.00 $1.00
State Police Merit Board
Total $3.43 $0.00 $0.00 $3.43
Special State Funds $3.43 $0.00 $0.00 $3.43

SECTION 2. FY 2023 BUDGET Page 42

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Other Agencies Totals
Total $7,623.52 $107.02 $12,102.23 $19,832.77
General Funds $2,000.25 $0.00 $0.00 $2,000.25
Highway Funds $24.52 $0.00 $0.00 $24.52
Special State Funds $2,259.00 $4.05 $2,276.41 $4,539.45
Bond Financed Funds $26.38 $100.00 $9,619.91 $9,746.29
Debt Service Funds $580.70 $0.00 $0.00 $580.70
Federal Trust Funds $2,083.09 $0.00 $172.17 $2,255.26
Revolving Funds $11.06 $0.00 $0.00 $11.06
State Trust Funds $638.53 $2.97 $33.74 $675.24
Judicial Agencies
Courts Commission
Total $0.60 $0.00 $0.00 $0.60
General Funds $0.60 $0.00 $0.00 $0.60
Judicial Inquiry Board
Total $0.85 $0.00 $0.00 $0.85
General Funds $0.85 $0.00 $0.00 $0.85
Judges' Retirement System
Total $142.66 $0.00 $0.00 $142.66
General Funds $142.66 $0.00 $0.00 $142.66
Office of the State Appellate Defender
Total $26.06 $0.00 $0.00 $26.06
General Funds $26.06 $0.00 $0.00 $26.06
State's Attorneys Appellate Prosecutor
Total $21.43 $0.00 $0.00 $21.43
General Funds $11.81 $0.00 $0.00 $11.81
Special State Funds $6.49 $0.00 $0.00 $6.49
Federal Trust Funds $0.24 $0.00 $0.00 $0.24
State Trust Funds $2.90 $0.00 $0.00 $2.90
Supreme Court
Total $548.67 $0.00 $0.00 $548.67
General Funds $492.54 $0.00 $0.00 $492.54
Special State Funds $50.13 $0.00 $0.00 $50.13
Federal Trust Funds $4.00 $0.00 $0.00 $4.00
State Trust Funds $2.00 $0.00 $0.00 $2.00
Supreme Court Historic Preservation Commission
Total $5.40 $0.00 $0.00 $5.40
General Funds $0.90 $0.00 $0.00 $0.90
Special State Funds $4.50 $0.00 $0.00 $4.50

SECTION 2. FY 2023 BUDGET Page 43

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Judicial Agencies Totals
Total $745.67 $0.00 $0.00 $745.67
General Funds $675.41 $0.00 $0.00 $675.41
Highway Funds $0.00 $0.00 $0.00 $0.00
Special State Funds $61.12 $0.00 $0.00 $61.12
Bond Financed Funds $0.00 $0.00 $0.00 $0.00
Debt Service Funds $0.00 $0.00 $0.00 $0.00
Federal Trust Funds $4.24 $0.00 $0.00 $4.24
Revolving Funds $0.00 $0.00 $0.00 $0.00
State Trust Funds $4.90 $0.00 $0.00 $4.90
Legislative Agencies
Architect of the Capitol
Total $1.82 $0.00 $349.25 $351.07
General Funds $1.82 $0.00 $0.00 $1.82
Bond Financed Funds $0.00 $0.00 $349.25 $349.25
Auditor General
Total $40.76 $0.00 $0.00 $40.76
General Funds $7.80 $0.00 $0.00 $7.80
Special State Funds $32.96 $0.00 $0.00 $32.96
Commission on Government Forecasting and Accountability
Total $5.76 $0.00 $0.00 $5.76
General Funds $5.76 $0.00 $0.00 $5.76
General Assembly
Total $85.28 $0.00 $4.31 $89.58
General Funds $81.78 $0.00 $4.31 $86.08
Special State Funds $3.50 $0.00 $0.00 $3.50
General Assembly Retirement System
Total $27.17 $0.00 $0.00 $27.17
General Funds $27.17 $0.00 $0.00 $27.17
Joint Committee on Administrative Rules
Total $1.14 $0.00 $0.00 $1.14
General Funds $1.14 $0.00 $0.00 $1.14
Legislative Audit Commission
Total $0.33 $0.00 $0.00 $0.33
General Funds $0.33 $0.00 $0.00 $0.33
Legislative Ethics Commission
Total $0.20 $0.00 $0.00 $0.20
General Funds $0.20 $0.00 $0.00 $0.20
Legislative Information System
Total $7.77 $0.00 $0.00 $7.77
General Funds $6.17 $0.00 $0.00 $6.17
Special State Funds $1.60 $0.00 $0.00 $1.60
Legislative Inspector General
Total $0.92 $0.00 $0.00 $0.92
General Funds $0.92 $0.00 $0.00 $0.92

SECTION 2. FY 2023 BUDGET Page 44

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Legislative Agencies (cont.)
Legislative Printing Unit
Total $2.16 $0.00 $0.00 $2.16
General Funds $2.16 $0.00 $0.00 $2.16
Legislative Reference Bureau
Total $4.59 $0.00 $0.00 $4.59
General Funds $4.59 $0.00 $0.00 $4.59
Legislative Agencies Totals
Total $177.90 $0.00 $353.56 $531.45
General Funds $139.84 $0.00 $4.31 $144.14
Highway Funds $0.00 $0.00 $0.00 $0.00
Special State Funds $38.06 $0.00 $0.00 $38.06
Bond Financed Funds $0.00 $0.00 $349.25 $349.25
Debt Service Funds $0.00 $0.00 $0.00 $0.00
Federal Trust Funds $0.00 $0.00 $0.00 $0.00
Revolving Funds $0.00 $0.00 $0.00 $0.00
State Trust Funds $0.00 $0.00 $0.00 $0.00
Constitutional Officers and Elections
Attorney General
Total $156.67 $2.00 $0.00 $158.67
General Funds $81.55 $0.00 $0.00 $81.55
Special State Funds $73.62 $2.00 $0.00 $75.62
Federal Trust Funds $1.50 $0.00 $0.00 $1.50
Comptroller
Total $353.57 $20.00 $15.75 $389.32
General Funds $57.07 $0.00 $0.00 $57.07
Highway Funds $0.61 $0.00 $0.00 $0.61
Special State Funds $294.85 $0.00 $6.50 $301.35
Bond Financed Funds $0.00 $20.00 $9.25 $29.25
Federal Trust Funds $0.43 $0.00 $0.00 $0.43
Revolving Funds $0.61 $0.00 $0.00 $0.61
Governor
Total $16.62 $0.00 $0.00 $16.62
General Funds $13.12 $0.00 $0.00 $13.12
Special State Funds $3.50 $0.00 $0.00 $3.50
Lieutenant Governor
Total $2.38 $0.00 $0.00 $2.38
General Funds $2.28 $0.00 $0.00 $2.28
Special State Funds $0.10 $0.00 $0.00 $0.10
Secretary of State
Total $542.79 $1.00 $51.68 $595.47
General Funds $329.68 $0.00 $0.00 $329.68
Highway Funds $3.80 $0.00 $0.00 $3.80
Special State Funds $197.71 $1.00 $0.00 $198.71
Bond Financed Funds $3.00 $0.00 $51.68 $54.68
Federal Trust Funds $8.60 $0.00 $0.00 $8.60

SECTION 2. FY 2023 BUDGET Page 45

 FY 2023 APPROPRIATIONS BY AGENCY
($ Millions)
New Continuing Total
Agency Appropriation Appropriation Reappropriations Appropriations
Constitutional Officers and Elections (cont.)
State Board of Elections
Total $45.39 $0.00 $0.00 $45.39
General Funds $23.11 $0.00 $0.00 $23.11
Special State Funds $22.28 $0.00 $0.00 $22.28
Treasurer
Total $3,335.45 $20.00 $0.00 $3,355.45
General Funds $3.50 $0.00 $0.00 $3.50
Special State Funds $27.48 $20.00 $0.00 $47.48
Debt Service Funds $3,290.51 $0.00 $0.00 $3,290.51
State Trust Funds $13.96 $0.00 $0.00 $13.96
Constitutional Officers and Elections Totals
Total $4,452.87 $43.00 $67.43 $4,563.30
General Funds $510.31 $0.00 $0.00 $510.31
Highway Funds $4.41 $0.00 $0.00 $4.41
Special State Funds $619.54 $23.00 $6.50 $649.04
Bond Financed Funds $3.00 $20.00 $60.93 $83.93
Debt Service Funds $3,290.51 $0.00 $0.00 $3,290.51
Federal Trust Funds $10.53 $0.00 $0.00 $10.53
Revolving Funds $0.61 $0.00 $0.00 $0.61
State Trust Funds $13.96 $0.00 $0.00 $13.96
GRAND TOTALS
Total $122,780.68 $13,941.02 $45,944.08 $182,665.78
General Funds $44,821.63 $0.00 $24.69 $44,846.33
Highway Funds $5,397.85 $0.00 $12,502.48 $17,900.33
Special State Funds $41,773.92 $13,648.05 $4,258.97 $59,680.94
Bond Financed Funds $201.26 $290.00 $26,254.14 $26,745.40
Debt Service Funds $3,871.21 $0.00 $0.00 $3,871.21
Federal Trust Funds $23,744.39 $0.00 $2,489.28 $26,233.67
Revolving Funds $1,307.98 $0.00 $0.00 $1,307.98
State Trust Funds $1,662.44 $2.97 $414.52 $2,079.93
The table above uses preliminary appropriations data from the Statewide Accounting Management System Information Warehouse as of
July 26, 2022.
Totals may not match due to rounding.
Source: Office of the Comptroller, Statewide Accounting Management System Information Warehouse

SECTION 2. FY 2023 BUDGET Page 46

 SECTION 3. FY 2023 &
HISTORICAL BUDGET
DATA
• FY 2023 Budget by Funding Source
• FY 2023 General Funds Revenues by Source per Budget Plan
• FY 2023 Total Appropriations by Major Purpose
• FY 2023 General Funds Appropriations by Major Purpose
• General Funds - Appropriations
• Detailed General Revenue Funds History
• General Funds Revenue History Annual $ Change
• General Funds Base Expenditures History
• General Funds Expenditures by Category
• General Funds Expenditures by Function
• General Funds Balances – Cash Basis
• Health and Social Services Expenditures History
• Public Protection and Justice Expenditures History
• General Government Expenditure History
• Federal COVID-19 Relief
• Federal COVID-19 Stimulus Funding
• Federal COVID-19 Stimulus Funding to Illinois
 FY 2023 BUDGET BY FUNDING SOURCE
($ Billions)
Total Funds: $182.666 Billion*

Revolving Funds
$1.3 Special State Funds
1% $59.7
33% General Funds
State Trust Funds
$44.8
$2.1 24%
1% Highway Funds
$17.9 Federal Trust Bond Financed
Debt Service Funds 10% Funds
$3.9 Funds
2% $26.2 $26.7
14% 15%

*Preliminary Data
Includes new appropriations, continuing appropriations, and reappropriations
Source: Statewide Accounting Management System Data Warehouse as of 7/26/22

FY 2023 GENERAL FUNDS REVENUES

BY SOURCE
Per Budget Plan
($ Millions)
Total General Funds Revenues: $46.429 Billion

Sales Taxes (Net)

$10,080 Corporate Income Tax
22% (Net)
$4,608
10%

Federal Sources
Individual Income Tax $4,000
(Net) 8%
$22,578
49%

Other Sources
$3,151
7%
Transfers
$2,013
4%

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 49

 FY 2023 TOTAL APPROPRIATIONS BY MAJOR
PURPOSE
Total Funds: $182.666 Billion*

Economic
Development
22% Education
Government 18%
Services
24%
Human Services Public Safety and
29% Regulation
6%

Quality of Life
1%
*Preliminary Data
Includes new appropriations, continuing appropriations, and reappropriations
Source: Statewide Accounting Management System Data Warehouse as of 7/26/22

FY 2023 GENERAL FUNDS APPROPRIATIONS

BY MAJOR PURPOSE
General Funds: $44.846 Billion*

Economic
Development Education Public Safety and
1% 45% Regulation
5%
Government
Services
11% Human Services
38%

Quality of Life
0%

*Preliminary Data
Includes new appropriations, continuing appropriations, and reappropriations
Source: Statewide Accounting Management System Data Warehouse as of 7/26/22

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 50

 General Funds - Appropriations
($ Billions)
$50.0
$43.7 $44.8
$45.0 $40.7
$40.0 $39.1
$36.2 $37.2
$35.0 $32.1
$30.8 $31.8 $31.8
$29.6 $28.5
$30.0
$25.0
$20.0
$15.0
$10.0
$5.0
$0.0
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fiscal Year

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA

FY 2016 and FY 2017 include court orders and consent decrees
FY 2022 and FY 2023 are preliminary data
Source: Office of the Comptroller, SAMS Data Warehouse as of 7/13/22

Page 51
 DETAILED GENERAL FUNDS REVENUE HISTORY FY 2013 - FY 2022
($ millions)
Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Receipts Receipts Receipts Receipts Receipts Receipts Receipts Receipts Receipts Receipts
Revenue Sources FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022
State Taxes
Personal Income Tax $18,323 $18,388 $17,682 $15,299 $15,385 $20,784 $22,604 $21,657 $26,350 $29,137
Corporate Income Tax (regular) 3,679 3,640 3,129 2,334 1,610 2,607 3,026 2,596 4,450 6,831
Sales Taxes 7,355 7,676 8,030 8,063 8,043 8,256 8,897 8,691 9,799 10,984
Public Utility Taxes (regular) 1,033 1,013 1,006 926 884 896 863 831 752 750
Cigarette Tax 353 353 353 353 353 344 361 267 281 254
Liquor Gallonage Taxes 165 165 167 170 171 172 172 177 177 183
Inheritance Tax (Gross) 293 276 333 306 261 358 388 283 450 603
Insurance Taxes and Fees 334 333 353 398 391 432 396 361 480 455
Corporate Franchise Tax & Fees 205 203 211 207 207 207 247 210 322 216
Interest on State Funds & Investments 20 20 24 24 36 79 145 137 57 30
Cook County Intergovernmental Transfer 244 244 244 244 244 244 244 244 244 244
Other Sources 504 624 735 574 725 679 710 761 339 443
Total State Taxes $32,508 $32,935 $32,267 $28,898 $28,310 $35,058 $38,053 $36,215 $43,701 $50,130
Transfers In
Lottery 656 668 679 677 720 719 731 630 777 820
Gaming 345 321 292 277 270 272 269 195 0 140
Cannabis 0 0 0 0 0 0 0 18 71 115
Other 688 1,113 2,012 627 552 1,186 1,035 1,588 702 1,017
Total Transfers In $1,689 $2,102 $2,983 $1,581 $1,542 $2,177 $2,035 $2,431 $1,550 $2,092
Total State Sources $34,197 $35,037 $35,250 $30,479 $29,852 $37,235 $40,088 $38,646 $45,251 $52,222
Federal Sources $4,154 $3,903 $3,330 $2,665 $2,483 $5,238 $3,600 $3,551 $4,744 $4,584
Total Federal & State Sources $38,351 $38,940 $38,580 $33,144 $32,335 $42,473 $43,688 $42,197 $49,995 $56,806

Nongeneral Funds Distribution:

Refund Fund
Personal Income Tax ($1,785) ($1,746) ($1,769) ($1,493) ($1,724) ($2,037) ($2,193) ($2,058) ($2,372) ($2,696)
Corporate Income Tax (502) (476) (439) (362) (278) (457) (470) (370) (625) (1,026)
Direct Deposits
Fund for Advancement of Education 0 0 (242) (458) (464) 0 0 0 0 0
Commitment to Human Services Fund 0 0 (242) (458) (464) 0 0 0 0 0
Local Government Distributive Fund
Personal Income Tax 0 0 0 0 0 (1,022) (1,175) (1,128) (1,453) (1,602)
Corporate Income Tax 0 0 0 0 0 (133) (167) (145) (262) (398)
Sales Tax Distributions
Deposits into Road Fund 0 0 0 0 0 0 0 0 0 (132)
Distribution to the PTF and DPTF 0 0 0 0 0 (446) (488) (436) (431) (618)
General Funds Subtotal [Base] $36,064 $36,718 $35,888 $30,373 $29,405 $38,378 $39,195 $38,060 $44,852 $50,334
Change from Prior Year $2,267 $654 ($830) ($5,515) ($968) $8,973 $817 ($1,135) $6,792 $5,482
Percent Change 6.7% 1.8% -2.3% -15.4% -3.2% 30.5% 2.1% -2.9% 17.8% 12.2%
ARPA Reimb. for Essential Gov't Services $0 $0 $0 $0 $0 $0 $0 $0 $0 $736
Short-Term Borrowing/MLF $0 $0 $0 $0 $0 $0 $0 $1,198 $1,998 $0
Treasurer's Investments $0 $0 $0 $0 $0 $0 $750 $400 $400 $0

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA

Interfund Borrowing $0 $0 $454 $0 $0 $533 $250 $462 $0 $0
Income Tax Bond Fund Transfer $0 $0 $0 $0 $0 $2,500 $0 $0 $0 $0
Transfer to Commitment Human Services $0 $0 $0 $0 $0 $40 $0 $0 $0 $0
FY'13/14 Backlog Payment Fund Transfer $264 $50 $0 $0 $0 $0 $0 $0 $0 $0
Budget Stabilization Fund Transfer $275 $275 $275 $125 $0 $0 $0 $0 $0 $0
Total General Funds $36,603 $37,043 $36,617 $30,498 $29,405 $41,451 $40,195 $40,120 $47,250 $51,070
Change from Prior Year $2,531 $440 ($426) ($6,119) ($1,093) $12,046 ($1,256) ($75) $7,130 $3,820

Page 52
Percent Change 7.4% 1.2% -1.2% -16.7% -3.6% 41.0% -3.0% -0.2% 17.8% 8.1%
 GENERAL FUNDS REVENUE HISTORY: ANNUAL $ CHANGE
FY 2002 - FY 2022
($ Millions)
Excludes ARPA Reimubursement for Essential Government Services Funds, Budget Stabilization Fund and Pension
Contribution Fund Transfers, Short-Term Borrowing, and Related Transfers
$10,000 $8,973

$8,000
$6,792
$5,482
$6,000

$4,000 $3,398 $3,309

$2,642
$2,267
$2,000 $732 $1,199
$1,281 $1,019
$654 $817

$0
-$515
-$727 -$593 -$830 -$968
-$2,000 -$1,135
-$2,054
-$4,000

-$6,000 -$5,515

-$8,000

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA

Page 53
 GENERAL FUNDS BASE EXPENDITURES HISTORY
ANNUAL $ CHANGE IN MILLIONS
Total Warrants Issued*
$6,000
$4,821
$5,000
$4,000
$2,951 $2,841 $2,712
$3,000
$1,767
$2,000 $1,466
$1,000 $644
$172
$0
-$1,000
-$2,000 -$1,355

-$3,000
-$4,000
-$4,145
-$5,000
FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021

Excludes Hospital Provider Fund Cash Flow Transfer, Repayment of Short-Term and Interfund Borrowing and Transfers to Budget
Stabilization Fund
* Warrants were issued over 14 - 18 months depending upon the Fiscal Year

GENERAL FUNDS EXPENDITURES BY CATEGORY

Total Warrants Issued
($ Millions)
FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021
Total Operations $9,048 $9,870 $10,387 $9,938 $6,899 $8,402 $12,059 $12,148 $12,456 $13,156
Total Awards and Grants $20,229 $20,430 $21,141 $20,828 $19,859 $21,014 $23,341 $24,224 $24,917 $26,212
Other General Funds Warrants Issued -$68 -$7 -$49 -$3 -$8 $5 -$19 -$11 -$10 -$41
Regular Transfers Out $4,259 $4,942 $5,222 $4,583 $4,451 $4,621 $3,482 $3,146 $2,316 $3,064

Base General Funds Expenditures $33,468 $35,235 $36,701 $35,346 $31,201 $34,042 $38,863 $39,507 $39,679 $42,391
Annual Change 9.7% 5.3% 4.2% -3.7% -11.7% 9.1% 14.2% 1.7% 0.4% 6.8%

Short-Term Borrowing Repayment $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,209

Treasurer's Investments $0 $0 $0 $0 $0 $0 $0 $700 $0 $800
Treasurer's Investments - Contingency Fund Exchange $0 $0 $0 $0 $0 $0 $0 $50 $0 $0
Repayment of Interfund Borrowing $355 $133 $0 $0 $0 $15 $128 $10 $280 $127
Transfer to Budget Stabilization Fund $550 $275 $275 $275 $125 $0 $0 $0 $0 $0

Total General Funds Expenditures $34,373 $35,643 $36,976 $35,621 $31,326 $34,057 $38,991 $40,267 $39,959 $44,527
Annual Change 6.1% 3.7% 3.7% -3.7% -12.1% 8.7% 14.5% 3.3% -0.8% 11.4%
Source: Office of the Comptroller

GENERAL FUNDS EXPENDITURES BY FUNCTION

Total Warrants Issued
($ Millions)
FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021
Health and Social Services $13,351 $12,173 $12,333 $11,627 $10,643 $10,676 $13,042 $13,281 $12,787 $14,047
Education $12,088 $12,575 $13,525 $13,377 $12,409 $14,679 $15,564 $16,432 $17,667 $18,164
Public Protection and Justice $1,996 $1,966 $2,186 $2,210 $1,749 $1,921 $2,807 $2,467 $2,516 $2,557
General Government $1,661 $3,423 $3,297 $3,397 $1,879 $2,058 $3,817 $4,047 $4,274 $4,390
Other $113 $156 $138 $152 $70 $87 $151 $134 $119 $169
Regular Transfers Out $4,259 $4,942 $5,222 $4,583 $4,451 $4,621 $3,482 $3,146 $2,316 $3,064

Base General Funds Expenditures $33,468 $35,235 $36,701 $35,346 $31,201 $34,042 $38,863 $39,507 $39,679 $42,391

Short-Term Borrowing Repayment $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,209

Treasurer's Investments $0 $0 $0 $0 $0 $0 $0 $700 $0 $800
Treasurer's Investments - Contingency Fund Exchange $0 $0 $0 $0 $0 $0 $0 $50 $0 $0
Repayment of Interfund Borrowing $355 $133 $0 $0 $0 $15 $128 $10 $280 $127
Transfer to Budget Stabilization Fund $550 $275 $275 $275 $125 $0 $0 $0 $0 $0

Total General Funds Expenditures $34,373 $35,643 $36,976 $35,621 $31,326 $34,057 $38,991 $40,267 $39,959 $44,527
Annual Change 6.1% 3.7% 3.7% -3.7% -12.1% 8.7% 14.5% 3.3% -0.8% 11.4%
Source: Office of the Comptroller

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 54

 GENERAL FUNDS BALANCES - CASH BASIS
FY 2002 - FY 2022
(in millions)
$4,000

$2,000

$0

-$2,000

-$4,000

-$6,000

-$8,000

-$10,000
FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA

Cash Balance June 30th Balance on Budgetary Basis
(After Lapse)

Page 55
 Health and Social Services Expenditure History
General Funds $ in millions
Total Warrants Issued: 14-18 months depending upon fiscal year
$18,000

$16,000 $15,404

$14,047
$13,760
$14,000 $13,012 $12,979 $13,016
$13,351
$13,042 $13,281 $12,787
$12,502
$12,173 $12,333
$11,627
$12,000
$10,495 $10,264 $10,492 $10,643 $10,676
$9,837 $9,991
$10,000

$8,000

$6,000

$4,000

$2,000

$0
2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021

Fiscal Year

Public Protection and Justice Expenditure History

General Funds $ in millions
Total Warrants Issued: 14-18 months depending upon fiscal year
$3,000 $2,807

$2,516 $2,557
$2,467
$2,500
$2,186 $2,210
$2,056
$1,996 $1,966
$1,915 $1,939 $1,921
$2,000 $1,837 $1,867
$1,757 $1,769 $1,749
$1,705 $1,720 $1,719 $1,684

$1,500

$1,000

$500

$0
2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021

Fiscal Year

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 56

 General Government Expenditure History
General Funds $ in millions
Total Warrants Issued: 14-18 months depending upon fiscal year
$5,000
$4,390
$4,500 $4,274
$4,047
$4,000 $3,817

$3,423 $3,397
$3,500 $3,297

$3,000

$2,500
$2,058
$1,879
$2,000
$1,661
$1,527 $1,542
$1,500 $1,282 $1,341 $1,343

$1,000 $677 $686 $716 $762 $813

$616

$500

$0
2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021

Fiscal Year

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 57

 FEDERAL COVID-19 RELIEF

As of July 2022, various federal actions have been taken in regards to providing relief for those
affected by the COVID-19 pandemic. While the state has already received significant allocation
of grants and other funding from the federal government through several COVID-related stimulus
acts, Illinois stands to receive more through at least the end of the 2022 calendar year as a result
of timing of disbursements in the federal legislation and ongoing allocations for state and other
programs. Six major federal laws have been enacted to-date allocating COVID-related relief to
Illinois.

Illinois state government had received $3.5 billion in funding under the Federal Stimulus
designation at the Comptroller’s office, all of which was received by the Illinois Emergency
Management Agency for COVID-19 related relief as of the end of the 2020 fiscal year. While
various units of state government have received additional federal funding for COVID-19 relief,
this funding primarily passed through state government to local governments, vendors and
organizations administering relief, for such purposes as COVID-19 testing, LIHEAP assistance,
and block grants. Through July 2021, six major legislative actions have been taken by the federal
government that have impacted Illinois since January 2020:

1. The Coronavirus Preparedness and Response Supplemental Appropriations Act

(CPRSAA). This provided approximately $8.3 billion to combat the pandemic, with
approximately $1.05 billion allocated for state responses across the country.

2. The Families First Coronavirus Relief Act (FFCRA). This Act extended
unemployment insurance benefits, expanded sick/family medical leave provisions,
expanded food benefits for students, required COVID-19 testing be performed at no
cost to the patient, and increased the Federal matching rate for states’ Medicaid
programs. Approximately $2.5 billion was appropriated for these and other related
purposes.

3. The Coronavirus Aid, Relief, and Economic Security Act (CARES). This Act was
the largest COVID-relief law, in terms of dollars appropriated. Dwarfing the largest
stimulus law before it, signed by President Obama in 2009, the CARES Act provided
approximately $2 trillion in funding to a wide variety of federal, state, municipal, and
individual programs. Funding was provided to federal agencies to support testing,
vaccine development, pandemic preparation, and support for various federal
programs to alleviate the financial, medical, and other burdens on people utilizing
government programs such as Medicaid and Medicare, among others. Funding was

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 58

 provided to states and municipalities to support their efforts in combating the effects
of the COVID-19 pandemic as well, including vaccine and medical equipment
procurement, financial and physical relief, unemployment compensation, K-12 and
higher education, and numerous other areas affected by the pandemic. Approximately
$150 billion of CARES Act funds were allocated to state, tribal, and local
governments, of which, Illinois received at least $2.7 billion for the state and $2.2
billion at most for municipalities. CARES Act funds were not to be used to fund
general operations or make up for revenue losses due to the pandemic. This municipal
funding reverts to the state if it is not all spent. Individuals also received personal
stimulus payments of up to $1,200/adult and $500/child, depending on income level.
And, the Act provided funds to help businesses continue operating during the
pandemic, including some industry-specific funding.

4. The Paycheck Protection Program and Health Care Enhancement Act (PPPHCEA).
This Act provided approximately $483 billion for pandemic relief, with the largest
portion, $310 billion, set aside for the Paycheck Protection Program (PPP). The PPP
was intended to help businesses that would have otherwise closed due to the pandemic
remain open and continue to pay their workers. Over 70,000 businesses in Illinois
made use of this program. The remainder of this Act consisted of funding for
economic disaster assistance loans, health care provider and hospital reimbursements
for COVID-19 and other related expenses, and various smaller grants to states,
municipalities, and other organizations to increase testing capacity.

5. The Consolidated Appropriations Act (CAA). This Act, passed in December 2020,
appropriated $900 billion for COVID relief as well as $1.4 trillion for other
government operations. The COVID relief component included additional funding
for the Paycheck Protection Program, $600 personal stimulus checks for individuals
under similar, but slightly expanded, conditions as checks received from the CARES
Act, an extension of federal unemployment benefits, and various other COVID-
related funding allocations to states, municipalities, schools, and businesses. The Act
also temporarily extended many provisions in previous COVID-relief laws.

6. The American Rescue Plan (ARP). This Act, the last major federal COVID-relief
law to date, passed in March 2021. It included approximately $1.9 trillion in
additional appropriations, most of which supplemented appropriations in the five
aforementioned COVID-relief laws. One important difference from prior laws is that
the ARP appropriated funds for states and local governments that can be used for
general operations, rather than for only COVID-related measures. This funding will
generally be provided in two equal lump sums. An initial estimate suggested that

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 59

 Illinois state, county, and municipal governments will receive approximately $8.128
billion, $2.461 billion, and $3.468 billion respectively, though these numbers are not
final until the payments are made later in 2021 or 2022. Additionally, Illinois will
receive $254 million from the ARP for capital projects. The ARP also provided up
to $1,400 for some individuals under more restrictive criteria than the CARES Act
and CAA, and it extended federal unemployment benefits and various other economic
and COVID-related funding allocations.

As of July 6, 2022, the recorded federal funding disbursed to Illinois for COVID-19 related
services on all levels of government, businesses, and civic organizations is estimated to total
$178 billion according to Federal Funds Information for States (FFIS, a non-partisan information
gathering organization). It does not appear at this time that additional federal stimulus actions
will be taken. Multiple COVID vaccines have been developed and administered to much of the
eligible US population and most states have returned to a semblance of normalcy
(notwithstanding increased COVID infection rates as of July 2022), reducing the urgent need for
further stimulus action. This situation may change in the coming months as various financial
benefits to businesses and unemployed individuals are reduced and variant strains of the virus
test the efficacy of the vaccines. Furthermore, depending on the continuing effects of the
pandemic, including those variant COVID strains and the potential resurgence of COVID,
additional federal stimulus actions may be revisited. A comparison of the federal COVID
stimulus actions to the states and an Illinois-specific breakdown of stimulus allocations are
detailed in the following tables.

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 60

 FEDERAL COVID-19 STIMULUS FUNDING
State Funding Received State Funding Received
Alabama $52,611 Montana $14,760
Alaska $12,517 Nebraska $24,628
Arizona $80,831 Nevada $42,848
Arkansas $32,959 New Hampshire $16,860
California $618,922 New Jersey $141,396
Colorado $70,358 New Mexico $26,009
Connecticut $49,934 New York $364,689
Delaware $14,087 North Carolina $110,932
Florida $259,523 North Dakota $13,850
Georgia $131,364 Ohio $140,968
Hawaii $24,383 Oklahoma $44,384
Idaho $19,428 Oregon $53,680
Illinois $178,366 Pennsylvania $181,387
Indiana $74,409 Rhode Island $17,871
Iowa $39,182 South Carolina $54,125
Kansas $34,424 South Dakota $13,742
Kentucky $50,333 Tennessee $73,211
Louisiana $65,431 Texas $353,752
Maine $18,149 Utah $32,406
Maryland $80,749 Vermont $11,471
Massachusetts $111,763 Virginia $95,746
Michigan $142,025 Washington $96,714
Minnesota $73,903 West Virginia $20,816
Mississippi $36,134 Wisconsin $64,742
Missouri $66,473 Wyoming $9,566
*Source: FFIS. Stimulus Funding received is in millions as of July 2022

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 61

 FEDERAL COVID-19 STIMULUS FUNDING TO ILLINOIS
($ Millions)
Grant Funding

Federal Total Funding

CPRSAA FFCRA CARES PPPHCEA CAA ARP Exec Action
Department To Date

USDA $32 $304 $25 $78 $54 $493

DOC $29 $19 $48
ED $1,141 $3,127 $6,614 $10,882
ACF $241 $386 $1,680 $2,306
ACL $9 $34 $13 $61 $117
CDC $40 $54 $478 $928 $720 $2,220
CMS $1,544 $3 $1,547
HRSA $8 $58 $38 $377 $480
SAMHSA $15 $164 $113 $292
HHS Secretary $5,708 $8 $260 $5,976
DHS $539 $548 $1,349 $2,436
HUD $412 $204 $616
Other $20 $10 $10 $40
DOJ $31 $31
DOL $42 $31 $1 $7 $81
DOT $2,065 $987 $2,026 $5,078
Treasury $4,914 $835 $15,720 $21,468
Subtotal $48 $1,627 $15,597 $515 $6,483 $28,437 $1,403 $54,110
Non-Grant Funding

Federal Total Funding

CPRSAA FFCRA CARES PPPHCEA CAA ARP Exec Action
Department To Date
USDA $2,627 $2,209 $28 $4,864
Other $53,742 $50 $217 $54,009
DOL $25,954 $25,954
Treasury $10,028 $5,233 $14,376 $29,637
DHS $57 $57 $114
Fed. Res. $9,677 $9,677
Subtotal $0 $2,627 $101,666 $0 $5,368 $14,593 $0 $124,254
Grand Total $48 $4,254 $117,263 $515 $11,851 $43,030 $1,403 $178,364

*Source: FFIS. Numbers include funding/stimulus for counties, municipalities, universities, businesses, individuals, etc. Totals as of July
2022. Exec. Action refers to executive actions taken to allocate stimulus funding outside the official federal legislative actions described in
this section. Department Names - USDA: Department of Agriculture, DOC: Department of Commerce, ED: Department of Education,
ACF: Administration for Children and Families, CDC: Center for Disease Control, CMS: Centers for Medicare and Medicaid Services,
HRSA: Health Resources and Services Administration, SAMHSA: Substance Abuse and Mental Health Services Administration, HHS
Secretary: Health and Human Services Secretary, DHS: Department of Homeland Security, HUD: Department of Housing and Urban
Development, DOJ: Department of Justice, DOL: Department of Labor, DOT: Department of Transportation, Treasury: Department of the
Treasury, FCC: Federal Communications Commission, Fed. Res.: Federal Reserve

SECTION 3. FY 2023 & HISTORICAL BUDGET DATA Page 62

 SECTION 4. STATE
EMPLOYEE HEADCOUNT
• Historical SERS Headcount
• FY 2022 SERS Headcount
• FY 2021 SERS Headcount
• FY 2020 SERS Headcount
• FY 2019 SERS Headcount
• FY 2018 SERS Headcount
• FY 2017 SERS Headcount
• FY 2016 SERS Headcount
• FY 2015 SERS Headcount
• FY 2014 SERS Headcount
• FY 2013 SERS Headcount
 HISTORICAL SERS HEADCOUNT
Total Active Members
FY 1996 - FY 2022
85,000 81,680
79,212
80,000

75,000

70,000
66,363
70,192 63,273
65,000 68,075 62,621
60,737
64,143
60,000
61,545
55,000

50,000

All figures except for FY 2022 are from the Comprehensive Annual Financial Reports (CAFR) of SERS.

SECTION 4. STATE EMPLOYEE HEADCOUNT

The FY 2022 data is from the FY 2022 SERS' monthly payroll table on the next page.
Data on the SERS' monthly payroll table may be different from data in the CAFR.

Page 65
 FY 2022 SERS HEADCOUNT TRACKER
Agency July August September October November December January February March April May June
Abraham Lincoln Presidential Library and Museum 83 83 84 84 82 82 81 81 81 80 85 86
Administrative Office of the Illinois Courts 584 586 587 589 590 594 596 598 604 608 615 619
Aging, Department on 160 161 163 162 163 162 162 163 149 147 144 146
Agriculture, Department of 494 837 512 332 308 304 295 296 310 339 364 396
Architect of the Capitol, Office of the 3 3 3 3 3 3 3 3 3 3 3 3
Arts Council 14 14 14 14 14 14 14 14 16 16 16 16
Attorney General 763 758 761 767 766 767 759 763 770 772 779 798
Auditor General 88 87 87 87 87 87 88 88 88 87 88 86
Capital Development Board 135 132 132 132 133 133 128 130 129 128 129 129
Central Management Services 717 715 715 701 705 701 701 689 694 692 695 693
Chicago Metropolitan Agency for Planning 5 5 5 5 5 5 5 5 4 4 0 0
Children and Family Services 2,948 2963 2,979 3019 3,025 3044 3,046 3066 3,057 3080 3,087 3057
Civil Service Commission, Illinois 4 4 4 4 4 4 4 4 4 4 4 4
Commerce and Economic Opportunity 291 295 294 291 290 280 282 285 282 277 279 278
Illinois Commerce Commission 207 210 212 212 215 219 218 218 219 227 231 232
Comprehensive Health Insurance Board 2 2 2 2 2 2 0 0 0 0 0 0
Coroner Training Board 2 2 2 2 2 2 2 2 2 2 2 2
Corrections 12,199 12116 12,012 12008 11,922 11840 11,860 11856 11,767 11750 11,780 11676
Court of Claims 30 29 30 29 30 29 29 29 30 29 28 29
Court Reporters 568 571 565 569 566 567 558 561 561 559 555 553
Criminal Justice Information Authority 84 86 86 89 89 88 86 86 89 92 96 97
Deaf and Hard of Hearing Commission 5 4 4 4 4 4 4 4 4 4 4 4
Illinois Planning Council on Developmental Disabilities 7 7 7 7 7 7 7 7 7 7 7 7
Board of Education 74 74 77 76 76 75 66 65 64 62 62 61
Educational Labor Relations Board 6 6 6 6 6 6 7 7 7 7 7 7
Board of Elections 73 71 73 73 73 73 72 70 69 69 71 72
Emergency Management Agency 199 197 195 197 197 201 200 203 203 205 205 208
Employment Security 1,121 1105 1,093 1086 1,080 1080 1,084 1103 1,107 1113 1,120 1116
Environmental Protection Agency 661 663 663 673 676 671 658 656 663 674 677 691
Commission on Equity and Inclusion 0 0 0 0 0 0 1 15 18 19 19 18
Illinois Executive Ethics Commission 69 71 71 73 75 74 74 76 76 78 76 73
Executive Inspector General 68 68 71 71 71 71 70 70 70 70 68 69
Financial and Professional Regulation 409 405 410 409 410 416 413 419 424 426 430 433
GARS - State Officers 183 183 183 183 184 183 183 183 182 182 181 181
Gaming Board 157 156 158 159 160 158 156 154 155 155 157 157
Commission on Government Forecasting and Accountability 28 28 29 29 29 28 27 26 26 25 25 26
Office of the Governor 165 178 174 174 170 165 161 163 162 158 154 155
Guardianship and Advocacy Commission 107 106 109 109 109 108 107 107 108 111 110 110
Healthcare and Family Services 1,877 1879 1,875 1877 1,876 1875 1,854 1858 1,861 1854 1,853 1863
Human Rights Commission 24 25 25 23 23 22 23 23 23 22 23 23
Human Rights 131 128 126 126 122 119 115 115 120 114 116 119
Human Services 13,084 13039 12,974 12935 12,915 12842 12,765 12738 12,732 12739 12,695 12611
Illinois Federation of Teachers 2 2 2 2 2 2 2 2 2 2 2 2
Department of Innovation and Technology 706 705 715 716 757 754 745 739 756 752 800 812
Insurance 212 212 214 211 209 211 204 205 204 202 204 205
State Board of Investments 12 13 13 13 13 13 13 13 13 13 13 13
Joint Committee on Administrative Rules 11 11 11 10 10 10 10 10 10 10 10 10
Judges Retirement System 9 9 9 9 9 9 9 9 9 9 9 9
Judicial Inquiry Board 3 3 3 3 3 3 3 3 4 4 4 4
Juvenile Justice 789 795 788 780 771 763 754 749 744 735 724 728
Labor Relations Board 12 13 13 12 12 12 12 12 12 12 12 12
Department of Labor 90 89 89 89 88 89 87 88 86 86 86 90
Law Enforcement Training and Standards Board 20 20 22 20 21 22 22 23 23 23 26 28
Legislative Audit Commission 3 3 3 3 3 3 3 3 3 3 3 3
Legislative Information System 28 28 31 34 35 35 32 32 32 32 31 33
Legislative Inspector General 0 0 0 0 0 0 0 1 0 1 1 1
Legislative Printing Unit 22 23 23 23 23 23 22 22 23 23 23 23
Legislative Reference Bureau 32 33 32 32 37 37 35 36 32 31 31 31
Liquor Control Commission 43 43 42 41 42 42 43 42 41 41 41 40
Lottery 148 147 148 149 147 146 145 147 147 147 151 147
Office of the Lt. Governor 19 19 20 20 20 19 19 18 18 18 17 17
Military Affairs 219 214 212 213 216 216 212 215 217 213 211 209
Natural Resources 1,415 1404 1,345 1310 1,262 1225 1,192 1170 1,165 1190 1,301 1336
Office of the Comptroller 230 231 232 233 231 229 227 225 227 228 233 235
Illinois Power Agency 10 11 13 13 14 14 14 14 14 14 14 20
Prisoner Review Board 20 20 19 19 19 21 22 24 24 23 23 24
Procurement Policy Board 5 5 5 5 5 5 5 5 5 5 5 5
Property Tax Appeal Board 36 35 35 35 35 39 38 38 35 36 37 37
Public Health 1,198 1196 1,203 1208 1,205 1207 1,193 1192 1,181 1190 1,195 1166
Illinois Racing Board 33 32 32 24 24 26 28 26 25 25 25 25
Revenue 1,297 1307 1,321 1315 1,300 1305 1,269 1297 1,294 1286 1,283 1277
Secretary of State 3,937 3945 3,923 3911 3,903 3916 3,849 3837 3,836 3835 3,836 3845
State Appellate Defender 252 250 247 244 242 241 240 238 238 237 236 237
State Employees Retirement System 99 104 103 102 101 101 99 99 100 102 100 98
State Fire Marshal 148 150 150 150 149 148 151 152 152 152 150 149
State Officers 711 720 725 736 731 735 760 749 748 738 735 722
State Police Merit Board 3 3 3 3 3 3 3 3 3 3 3 3
State Police 2,834 2829 2,861 2806 2,792 2794 2,763 2760 2,803 2792 2,787 2844
State Treasurer 173 173 173 179 180 180 179 180 182 182 179 186
State's Attorneys Appellate Prosecutor 82 81 81 83 84 86 85 84 83 87 84 83
Student Assistance Commission 277 264 261 258 254 249 243 241 239 238 235 237
Supreme Court Historic Preservation Agency 7 7 7 7 7 7 7 7 7 7 7 6
Illinois Tax Tribunal 3 3 3 3 3 3 3 3 3 3 3 3
Teachers Retirement System 46 46 45 45 45 45 42 42 42 42 42 41
Toll Highway Authority 1,190 1195 1,213 1207 1,173 1182 1,168 1166 1,176 1173 1,167 1179
Transportation 5,193 5183 5,088 5069 5,744 6042 6,097 6122 6,043 5532 4,922 4935
Veterans Affairs 1,193 1196 1,203 1206 1,190 1196 1,190 1188 1,207 1191 1,179 1162
Workers' Compensation Commission 126 122 126 128 127 127 126 126 127 129 130 137
TOTAL 60,727 60,946 60,379 60,070 60,505 60,640 60,329 60,356 60,275 59,787 59,350 59,313
Source: SERS

SECTION 4. STATE EMPLOYEE HEADCOUNT Page 66

 FY 2021 SERS HEADCOUNT TRACKER
Agency July August September October November December January February March April May June
Abraham Lincoln Presidential Library and Museum (ALPLM) 84 83 83 82 81 82 82 82 82 83 84 86
Administrative Office of the Illinois Courts 589 587 588 591 596 591 599 598 600 600 595 594
Aging, Department on 152 156 157 157 157 159 158 161 161 161 161 160
Agriculture, Department of 343 353 342 339 331 319 313 315 331 356 378 402
Architect of the Capitol, Office of the 3 3 3 3 3 3 3 3 3 3 3 3
Arts Council 13 14 13 13 13 13 14 14 14 14 14 14
Attorney General, Office of the 790 793 791 788 784 779 777 778 778 777 771 766
Auditor General, Office of the 85 85 84 87 87 88 86 86 86 85 85 89
Capital Development Board 120 126 130 131 134 134 133 135 135 136 135 135
Central Management Services, Department of 735 741 731 736 733 734 730 726 726 715 703 719
Chicago Metropolitan Agency for Planning 5 5 5 5 5 5 5 5 5 5 0 5
Children and Family Services, Department of 2,831 2,839 2,844 2,828 2,833 2,841 2,846 2,869 2,913 2,940 2,947 2,949
Civil Service Commission, Illinois 4 4 5 5 4 4 4 4 4 4 4 4
Commerce and Economic Opportunity, Department of 274 275 281 285 290 293 288 292 294 297 291 292
Commerce Commission, Illinois 202 198 198 199 199 201 204 204 205 205 210 212
Comprehensive Health Insurance Board 2 2 2 2 2 2 2 2 2 2 2 2
Coroner Training Board 2 2 2 2 2 2 2 2 2 2 2 2
Corrections, Department of 12,536 12,426 12,479 12,305 12,381 12,341 12,290 12,265 12,403 12,340 12,238 12,130
Court of Claims 30 30 30 34 34 30 30 30 30 30 30 30
Court Reporters 575 574 573 573 575 575 567 567 566 569 569 568
Criminal Justice Information Authority, Illinois 77 75 75 76 76 76 79 78 80 81 81 81
Deaf and Hard of Hearing Commission 4 4 4 4 5 5 5 4 4 4 4 4
Developmental Disabilities, Illinois Planning Council on 6 6 6 6 7 7 7 7 7 7 7 7
Education, Board of 75 76 80 79 77 77 76 77 76 73 72 76
Educational Labor Relations Board, Illinois 7 7 7 7 7 7 7 7 6 6 6 6
Elections, Board of 72 73 73 73 72 72 72 72 73 72 71 72
Emergency Management Agency 181 189 192 192 193 195 201 202 206 203 204 202
Employment Security, Department of 1,040 1,025 1,071 1,071 1,097 1,098 1,093 1,105 1,103 1,105 1,114 1,129
Environmental Protection Agency 640 647 658 675 677 676 659 658 667 670 673 668
Executive Ethics Commission, Illinois 63 63 64 69 70 71 71 71 71 70 72 70
Executive Inspector General, Office of the 68 71 72 70 72 71 70 69 68 68 71 69
Financial and Professional Regulation, Department of 409 405 411 419 423 421 420 419 419 418 414 414
Gaming Board, Illinois 166 165 164 160 154 153 158 156 158 161 156 154
Government Forecasting and Accountability, Commission on 27 27 27 27 27 27 27 27 27 27 27 27
Governor, Office of the 162 170 172 171 170 169 166 166 164 166 165 164
Guardianship and Advocacy Commission 107 107 107 108 108 109 107 106 106 108 108 108
Healthcare and Family Services, Department of 1,816 1,827 1,838 1,854 1,861 1,863 1,851 1,844 1,858 1,860 1,867 1,867
Human Rights Commission 24 25 22 22 21 24 23 23 22 24 24 25
Human Rights, Department of 133 134 138 135 135 135 129 131 129 130 127 130
Human Services, Department of 13,234 13,282 13,341 13,387 13,359 13,355 13,261 13,251 13,214 13,190 13,148 13,075
Illinois Federation of Teachers 2 2 2 2 2 2 2 2 2 2 2 2
Innovation and Technology, Department of 703 702 706 701 706 708 703 707 702 702 697 698
Insurance, Department of 205 202 199 197 194 196 196 199 204 201 202 205
Investments, State Board of 12 12 14 13 13 14 14 14 13 12 12 12
Joint Committee on Administrative Rules 13 13 13 13 13 12 13 12 12 11 11 11
Judges' Retirement System 9 9 9 9 9 9 9 9 9 9 9 9
Judicial Inquiry Board 4 4 5 4 4 4 4 4 4 4 4 4
Juvenile Justice, Department of 866 856 863 846 846 844 823 815 806 796 784 792
Labor Relations Board 13 13 13 13 13 13 12 12 11 11 11 11
Labor, Department of 81 81 80 82 89 89 88 88 87 89 90 90
Law Enforcement Training and Standards Board, Illinois 21 21 21 21 21 20 20 19 18 20 19 19
Legislative Audit Commission 3 3 3 3 3 3 2 3 3 3 3 3
Legislative Information System 29 28 28 28 28 28 28 28 28 28 28 28
Legislative Printing Unit 23 22 22 22 22 22 22 22 22 22 22 22
Legislative Reference Bureau 31 31 31 31 33 33 33 33 33 33 32 32
Liquor Control Commission, Illinois 44 45 43 43 43 41 41 43 43 44 43 43
Lottery, Illinois 151 152 150 152 151 151 148 146 143 144 144 144
Lt. Governor, Office of the 17 17 18 18 17 17 17 17 17 18 18 18
Military Affairs, Department of 225 221 225 219 218 223 223 221 220 219 215 218
Natural Resources, Department of 1,491 1,480 1,401 1,371 1,311 1,276 1,225 1,204 1,201 1,208 1,303 1,359
Office of the Comptroller 234 232 234 237 238 237 235 236 235 233 231 231
Power Agency, Illinois 9 9 9 9 9 9 9 10 11 11 11 10
Prisoner Review Board, Illinois 25 25 22 21 22 23 23 22 22 22 21 21
Procurement Policy Board 5 5 5 5 5 5 5 5 5 5 5 5
Property Tax Appeal Board 35 35 35 36 35 36 37 36 36 36 36 36
Public Health, Department of 1,163 1,168 1,157 1,165 1,175 1,178 1,175 1,177 1,182 1,184 1,188 1,192
Racing Board, Illinois 32 31 32 27 25 25 19 16 25 26 34 33
Revenue, Department of 1,360 1,358 1,355 1,347 1,336 1,329 1,320 1,313 1,307 1,298 1,308 1,295
Secretary of State 3,922 3,920 3,929 3,935 3,936 3,937 3,905 3,918 3,919 3,914 3,920 3,936
State Appellate Defender 237 236 235 256 254 254 253 253 254 253 252 252
State Employees' Retirement System 94 94 93 91 93 93 91 94 94 97 95 96
State Fire Marshal, Office of the 145 148 146 146 147 147 143 144 145 146 146 143
State Officers 673 650 635 630 668 671 693 695 704 707 707 690
State Police Merit Board 4 3 3 3 3 3 3 3 3 4 3 3
State Police, Illinois 2,865 2,855 2,865 2,904 2,885 2,881 2,856 2,850 2,851 2,849 2,842 2,830
State Treasurer, Office of the 181 179 181 180 179 180 179 179 179 177 176 176
State's Attorneys Appellate Prosecutor 75 74 74 77 80 79 77 81 80 81 82 82
Student Assistance Commission, Illinois 289 284 285 284 282 280 275 273 270 267 266 273
Tax Tribunal, Illinois 3 3 3 3 3 3 3 3 3 3 3 3
Teachers' Retirement System 52 51 51 51 51 51 51 51 50 50 50 49
Toll Highway Authority, Illinois State 1,215 1,211 1,227 1,227 1,226 1,233 1,226 1,211 1,233 1,231 1,189 1,194
Transportation, Department of 5,245 5,249 5,097 5,146 5,942 6,321 6,384 6,361 6,247 5,463 5,171 5,198
Veterans Affairs, Department of 1,216 1,199 1,197 1,204 1,209 1,208 1,199 1,186 1,190 1,187 1,199 1,178
Workers' Compensation Commission, Illinois 140 142 140 139 139 139 134 135 135 133 133 133
TOTAL 60,848 60,749 60,719 60,681 61,533 61,834 61,533 61,461 61,556 60,720 60,350 60,289
Source: SERS

SECTION 4. STATE EMPLOYEE HEADCOUNT Page 67

 FY 2020 SERS HEADCOUNT TRACKER
Agency July August September October November December January February March April May June
Abraham Lincoln Presidential Library and Museum (ALPLM) 101 95 85 87 80 81 80 83 84 84 84 84
Administrative Office of the Illinois Courts 590 593 587 581 585 585 580 585 590 588 591 590
Aging, Department on 151 150 152 151 152 147 151 154 153 152 151 152
Agriculture, Department of 498 903 534 356 327 327 316 315 316 324 333 332
Architect of the Capitol, Office of the 2 2 2 3 3 3 3 3 3 3 3 3
Arts Council 14 14 13 14 15 13 13 13 13 13 13 13
Attorney General, Office of the 753 751 750 756 766 770 773 780 788 789 792 789
Auditor General, Office of the 85 85 84 83 82 82 85 85 85 85 85 86
Capital Development Board 104 110 116 116 118 116 118 123 120 119 118 118
Central Management Services, Department of 718 726 732 725 726 736 734 745 741 739 737 738
Chicago Metropolitan Agency for Planning 5 5 5 5 5 5 5 5 5 5 5 0
Children and Family Services, Department of 2,831 2,860 2,844 2,854 2,870 2,900 2,867 2,883 2,867 2,848 2,846 2,850
Civil Service Commission, Illinois 4 3 4 4 4 4 4 4 4 4 4 4
Commerce and Economic Opportunity, Department of 237 239 245 250 255 255 255 264 272 271 270 273
Commerce Commission, Illinois 210 212 214 213 212 209 203 198 199 196 196 197
Comprehensive Health Insurance Board 2 2 2 2 2 2 2 2 2 2 2 2
Coroner Training Board 0 0 0 0 2 2 2 2 2 2 2 2
Corrections, Department of 12,563 12,654 12,751 12,712 12,801 12,736 12,805 12,749 12,816 12,718 12,665 12,600
Court of Claims 29 29 28 29 29 29 29 30 29 29 30 29
Court Reporters 585 580 585 578 579 577 573 575 575 573 574 576
Criminal Justice Information Authority, Illinois 65 65 64 65 67 65 68 70 71 70 70 69
Deaf and Hard of Hearing Commission 4 4 4 4 4 4 4 4 4 4 4 4
Developmental Disabilities, Illinois Planning Council on 5 5 6 6 6 6 6 6 6 6 6 6
Education, Board of 77 77 77 75 76 76 75 77 78 77 75 76
Educational Labor Relations Board, Illinois 9 8 8 8 8 7 8 8 8 7 7 7
Elections, Board of 71 70 71 72 73 73 72 72 73 72 73 73
Emergency Management Agency 178 178 177 178 181 180 176 175 173 174 175 179
Employment Security, Department of 1,084 1,074 1,071 1,073 1,073 1,066 1,056 1,055 1,042 1,035 1,034 1,033
Environmental Protection Agency 631 630 623 625 630 632 622 627 629 626 630 637
Executive Ethics Commission, Illinois 65 65 65 64 64 64 63 63 63 64 66 66
Executive Inspector General, Office of the 72 72 74 74 72 72 73 72 72 67 67 68
Financial and Professional Regulation, Department of 386 390 388 387 389 393 399 403 410 409 408 411
Gaming Board, Illinois 158 162 162 159 166 164 163 161 165 163 165 165
Government Forecasting and Accountability, Commission on 29 29 29 29 29 29 29 29 27 27 27 27
Governor, Office of the 132 157 155 156 157 158 164 163 159 159 161 164
Guardianship and Advocacy Commission 107 105 106 107 109 108 104 107 107 107 107 106
Healthcare and Family Services, Department of 1,748 1,768 1,765 1,775 1,810 1,812 1,789 1,808 1,805 1,809 1,795 1,809
Human Rights Commission 26 26 26 25 26 26 25 26 26 25 25 25
Human Rights, Department of 124 120 129 128 129 136 138 134 132 131 130 130
Human Services, Department of 12,815 12,902 12,957 12,958 12,980 13,001 12,944 12,998 13,078 13,084 13,146 13,196
Illinois Federation of Teachers 2 2 2 2 2 2 2 2 2 2 2 2
Innovation and Technology, Department of 719 719 718 719 722 724 709 709 708 711 711 712
Insurance, Department of 209 207 213 205 202 204 203 203 203 204 207 207
Investments, State Board of 13 13 13 12 12 12 12 12 13 13 13 13
Joint Committee on Administrative Rules 14 14 14 14 14 14 14 14 14 14 14 14
Judges' Retirement System 9 9 9 10 9 9 9 9 9 9 9 9
Judicial Inquiry Board 5 5 5 5 5 5 5 5 5 5 5 5
Juvenile Justice, Department of 884 883 876 909 910 898 910 905 896 890 920 876
Labor Relations Board 14 15 15 15 15 14 12 12 12 12 12 13
Labor, Department of 76 78 77 77 78 81 79 79 79 80 79 81
Law Enforcement Training and Standards Board, Illinois 20 21 21 21 23 21 21 21 21 21 21 21
Legislative Audit Commission 4 3 3 3 3 3 3 3 3 3 3 3
Legislative Information System 29 29 29 29 29 29 29 29 29 29 29 29
Legislative Printing Unit 23 24 24 24 24 24 23 23 23 23 23 23
Legislative Reference Bureau 28 27 30 30 30 29 31 31 31 31 31 31
Liquor Control Commission, Illinois 38 38 38 36 37 40 45 43 46 45 44 43
Lottery, Illinois 146 148 151 150 150 149 147 149 148 147 151 149
Lt. Governor, Office of the 16 16 15 15 15 15 15 16 16 16 16 15
Military Affairs, Department of 226 220 217 220 220 220 224 227 229 227 223 224
Natural Resources, Department of 1,499 1,504 1,411 1,386 1,305 1,321 1,265 1,244 1,236 1,244 1,369 1,490
Office of the Comptroller 228 229 229 228 229 231 233 237 236 235 235 234
Power Agency, Illinois 9 9 9 9 9 8 8 8 9 9 9 9
Prisoner Review Board, Illinois 23 24 25 26 26 26 25 25 25 25 25 25
Procurement Policy Board 5 5 5 5 5 5 5 5 5 5 5 5
Property Tax Appeal Board 35 35 35 34 34 34 35 34 35 35 35 35
Public Health, Department of 1,158 1,155 1,164 1,173 1,181 1,183 1,176 1,171 1,169 1,167 1,167 1,171
Racing Board, Illinois 37 37 36 26 27 25 23 26 30 28 28 28
Revenue, Department of 1,405 1,436 1,444 1,398 1,394 1,381 1,392 1,382 1,377 1,372 1,367 1,364
Secretary of State 3,826 3,839 3,775 3,812 3,885 3,907 3,885 3,900 3,928 3,922 3,920 3,932
State Appellate Defender 250 256 243 242 241 241 242 241 243 242 241 240
State Employees' Retirement System 95 103 106 93 93 92 90 93 93 93 93 93
State Fire Marshal, Office of the 139 138 143 144 142 141 142 144 145 145 145 144
State Officers 664 667 658 669 670 671 680 671 682 680 679 672
State Police Merit Board 4 4 4 4 4 4 4 4 4 4 4 4
State Police, Illinois 2,773 2,767 2,771 2,862 2,856 2,851 2,833 2,815 2,882 2,869 2,863 2,861
State Treasurer, Office of the 175 180 181 177 180 183 185 182 180 177 178 179
State's Attorneys Appellate Prosecutor 67 67 72 72 73 74 74 74 75 75 76 75
Student Assistance Commission, Illinois 173 176 177 176 176 182 180 179 182 183 184 286
Tax Tribunal, Illinois 3 3 3 3 3 3 3 3 3 3 3 3
Teachers' Retirement System 55 55 54 54 54 54 53 53 53 53 53 52
Toll Highway Authority, Illinois State 1,287 1,255 1,260 1,259 1,253 1,273 1,390 1,239 1,234 1,223 1,241 1,214
Transportation, Department of 5,259 5,234 5,056 5,141 5,888 6,352 6,442 6,352 6,237 5,043 5,017 5,181
Veterans Affairs, Department of 1,212 1,216 1,217 1,221 1,221 1,210 1,203 1,204 1,206 1,213 1,217 1,210
Workers' Compensation Commission, Illinois 149 142 137 137 141 148 143 143 143 141 141 142
TOTAL 60,273 60,927 60,375 60,334 61,252 61,744 61,780 61,577 61,691 60,328 60,480 60,808
Source: SERS

SECTION 4. STATE EMPLOYEE HEADCOUNT Page 68

 FY 2019 SERS HEADCOUNT TRACKER
Agency July August September October November December January February March April May June
Abraham Lincoln Presidential Library and Museum (ALPLM) 97 94 88 86 81 78 76 72 75 85 93 101
Administrative Office of the Illinois Courts 598 601 595 588 588 587 587 584 582 584 585 588
Aging, Department on 151 151 149 148 151 153 151 152 151 152 151 151
Agriculture, Department of 498 871 526 363 342 341 331 333 335 372 411 468
Architect of the Capitol, Office of the 2 2 2 2 2 2 2 2 2 2 2 2
Arts Council 16 16 16 15 16 16 15 14 15 14 14 14
Attorney General, Office of the 739 743 746 752 753 751 751 756 760 753 755 751
Auditor General, Office of the 90 89 89 89 87 87 87 85 86 83 82 84
Capital Development Board 109 108 108 105 106 107 105 104 104 105 104 106
Central Management Services, Department of 730 731 729 724 733 730 724 723 716 723 730 724
Chicago Metropolitan Agency for Planning 6 6 6 6 6 6 5 5 5 5 5 5
Children and Family Services, Department of 2,772 2,769 2,779 2,790 2,811 2,817 2,807 2,826 2,834 2,859 2,863 2,855
Civil Service Commission, Illinois 4 4 4 4 4 4 4 4 4 4 4 4
Commerce and Economic Opportunity, Department of 263 263 258 257 254 250 242 238 237 236 237 239
Commerce Commission, Illinois 212 209 204 205 208 210 206 207 207 207 207 208
Comprehensive Health Insurance Board 2 2 2 2 2 2 2 2 2 2 2 2
Corrections, Department of 12,228 12,431 12,352 12,442 12,539 12,499 12,491 12,570 12,526 12,613 12,532 12,614
Court of Claims 31 31 30 31 31 36 30 30 40 40 28 28
Court Reporters 580 585 584 586 587 585 575 579 578 585 589 585
Criminal Justice Information Authority, Illinois 70 69 70 69 70 70 71 70 68 69 66 65
Deaf and Hard of Hearing Commission 4 4 4 4 4 4 4 4 4 4 4 4
Developmental Disabilities, Illinois Planning Council on 6 6 6 6 5 5 5 5 5 5 5 5
Education, Board of 79 76 75 78 77 77 78 77 77 79 78 76
Educational Labor Relations Board, Illinois 10 10 10 9 9 9 9 9 9 9 9 9
Elections, Board of 69 72 70 72 73 73 72 71 72 72 71 71
Emergency Management Agency 171 170 168 170 169 169 172 172 172 172 177 178
Employment Security, Department of 1,147 1,143 1,137 1,138 1,138 1,105 1,086 1,081 1,078 1,079 1,088 1,084
Environmental Protection Agency 656 660 654 643 640 636 616 616 615 611 613 626
Executive Ethics Commission, Illinois 64 62 61 63 65 66 66 66 66 64 64 64
Executive Inspector General, Office of the 70 73 72 73 71 71 72 72 72 71 72 73
Financial and Professional Regulation, Department of 399 398 392 395 399 400 388 385 386 392 378 383
Gaming Board, Illinois 156 159 160 159 159 157 156 153 154 157 161 160
Government Forecasting and Accountability, Commission on 11 11 11 11 11 30 31 31 31 31 30 29
Governor, Office of the 142 141 138 139 137 133 156 124 128 128 130 130
Guardianship and Advocacy Commission 97 100 104 102 101 100 99 107 107 107 108 108
Healthcare and Family Services, Department of 1,770 1,770 1,740 1,770 1,773 1,760 1,720 1,709 1,706 1,718 1,721 1,735
Human Rights Commission 21 22 22 24 22 22 23 23 25 25 25 25
Human Rights, Department of 121 120 121 122 122 120 115 115 119 121 126 126
Human Services, Department of 12,414 12,412 12,391 12,381 12,471 12,453 12,342 12,394 12,457 12,579 12,718 12,818
Illinois Federation of Teachers 2 2 2 2 2 2 2 2 2 - 2 2
Innovation and Technology, Department of 509 512 546 588 710 743 727 720 712 715 713 718
Insurance, Department of 227 229 226 212 221 216 214 207 205 208 205 206
Investments, State Board of 10 10 10 11 11 12 13 13 13 13 13 13
Joint Committee on Administrative Rules 14 14 14 13 13 13 13 13 14 13 14 14
Judges' Retirement System 9 9 9 8 8 8 9 9 9 9 9 9
Judicial Inquiry Board 5 5 4 4 5 5 5 5 5 5 5 5
Juvenile Justice, Department of 888 879 864 854 889 880 873 863 882 879 874 893
Labor Relations Board 13 13 13 13 13 14 14 14 14 14 14 14
Labor, Department of 74 72 75 75 77 78 75 76 75 72 70 75
Law Enforcement Training and Standards Board, Illinois 20 20 19 19 19 19 18 19 20 19 20 20
Legislative Audit Commission 3 3 3 3 3 3 3 3 3 3 3 3
Legislative Information System 29 29 29 29 29 29 29 29 29 29 29 29
Legislative Printing Unit 25 24 24 24 24 24 24 24 24 24 24 24
Legislative Reference Bureau 29 28 28 28 32 32 32 32 31 30 30 29
Legislative Research Unit 20 20 19 19 19 19 - - - - - -
Lottery, Illinois 149 150 150 149 147 146 147 145 147 145 148 145
Lt. Governor, Office of the 8 9 9 9 9 9 19 12 12 12 13 14
Military Affairs, Department of 223 224 226 229 228 230 228 228 230 225 227 222
Natural Resources, Department of 1,461 1,448 1,372 1,336 1,253 1,232 1,210 1,198 1,181 1,256 1,415 1,483
Office of the Comptroller 245 247 230 228 227 228 229 230 235 235 231 230
Power Agency, Illinois 6 6 6 6 8 8 8 8 8 8 8 9
Prisoner Review Board, Illinois 21 22 22 23 23 23 23 23 22 22 22 25
Procurement Policy Board 5 5 5 5 5 5 5 5 5 5 5 5
Property Tax Appeal Board 30 30 30 31 32 34 33 33 34 35 35 35
Public Health, Department of 1,151 1,169 1,173 1,174 1,172 1,161 1,158 1,150 1,152 1,166 1,166 1,163
Racing Board, Illinois 38 38 38 29 27 25 25 11 24 29 35 37
Revenue, Department of 1,535 1,523 1,509 1,529 1,471 1,444 1,465 1,469 1,466 1,464 1,448 1,431
Secretary of State 3,676 3,694 3,642 3,652 3,683 3,704 3,660 3,680 3,694 3,717 3,742 3,822
State Appellate Defender 233 232 238 238 239 243 243 241 241 240 242 250
State Employees' Retirement System 94 97 98 97 96 94 93 90 91 93 94 94
State Fire Marshal, Office of the 128 126 120 125 127 126 125 123 128 133 135 136
State Officers 623 588 594 588 664 657 705 686 691 676 671 663
State Police Merit Board 4 4 4 4 4 4 4 5 4 4 4 4
State Police, Illinois 2,749 2,745 2,741 2,727 2,727 2,751 2,720 2,716 2,723 2,785 2,784 2,776
State Treasurer, Office of the 181 181 180 178 180 182 181 182 182 182 180 177
State's Attorneys Appellate Prosecutor 71 72 72 69 70 72 73 73 70 69 67 68
Student Assistance Commission, Illinois 186 185 185 182 178 177 173 176 176 177 176 174
Tax Tribunal, Illinois 3 3 3 3 4 4 4 4 4 4 4 3
Teachers' Retirement System 61 59 59 59 59 59 57 57 57 57 57 57
Toll Highway Authority, Illinois State 1,396 1,364 1,357 1,335 1,360 1,306 1,291 1,267 1,283 1,262 1,311 1,275
Transportation, Department of 5,262 5,288 5,168 5,160 6,101 6,510 6,551 6,491 6,356 5,196 5,238 5,245
Veterans Affairs, Department of 1,242 1,247 1,221 1,218 1,210 1,206 1,197 1,202 1,200 1,207 1,220 1,216
Workers' Compensation Commission, Illinois 157 158 149 148 149 148 144 145 141 137 150 150
TOTAL 59,420 59,967 59,159 59,056 60,345 60,606 60,294 60,249 60,205 59,491 59,891 60,261
Source: SERS

SECTION 4. STATE EMPLOYEE HEADCOUNT Page 69

 FY 2018 SERS HEADCOUNT TRACKER
Agency July August September October November December January February March April May June
Abraham Lincoln Presidential Library and Museum (ALPLM) 84 81 80 81 79 67 69 69 71 75 88 95
Administrative Office of the Illinois Courts 591 596 596 596 599 600 593 593 592 591 594 595
Aging, Department on 142 144 147 148 146 146 149 151 148 148 152 156
Agriculture, Department of 500 908 518 349 330 336 320 323 328 357 400 442
Architect of the Capitol, Office of the 2 2 2 2 2 2 2 2 2 2 2 2
Arts Council 9 11 11 11 14 14 14 14 14 14 16 16
Attorney General, Office of the 722 730 735 734 736 744 735 745 746 750 748 742
Auditor General, Office of the 85 86 86 85 85 86 87 87 86 85 85 90
Capital Development Board 109 109 110 110 110 111 108 107 108 107 108 109
Central Management Services, Department of 750 754 753 755 758 763 739 736 733 733 735 732
Chicago Metropolitan Agency for Planning 7 7 6 6 6 6 6 6 6 6 - -
Children and Family Services, Department of 2,623 2,648 2,649 2,670 2,680 2,698 2,678 2,691 2,715 2,736 2,748 2,751
Civil Service Commission, Illinois 4 3 3 3 3 3 3 4 4 4 4 4
Commerce and Economic Opportunity, Department of 281 282 280 274 269 269 263 264 265 269 269 263
Commerce Commission, Illinois 210 214 212 209 206 206 199 195 199 200 204 209
Comprehensive Health Insurance Board 4 3 3 3 3 2 2 2 2 2 2 2
Corrections, Department of 12,016 12,087 12,048 11,982 11,978 11,993 12,079 12,156 12,148 12,230 12,178 12,221
Court of Claims 31 30 30 30 39 31 33 31 31 31 31 36
Court Reporters 585 587 587 585 584 586 578 578 582 584 581 581
Criminal Justice Information Authority, Illinois 69 68 67 67 69 71 73 74 73 71 72 69
Deaf and Hard of Hearing Commission 5 5 5 4 4 3 3 3 3 4 4 4
Developmental Disabilities, Illinois Planning Council on 8 6 6 6 5 5 5 5 5 5 6 6
Education, Board of 80 79 78 79 79 75 76 74 77 78 78 79
Educational Labor Relations Board, Illinois 10 10 10 10 10 10 10 10 10 10 10 10
Elections, Board of 62 62 63 64 64 64 66 66 67 67 70 68
Emergency Management Agency 165 165 168 170 173 175 169 163 163 164 165 166
Employment Security, Department of 1,091 1,087 1,089 1,095 1,095 1,104 1,109 1,120 1,130 1,125 1,142 1,138
Environmental Protection Agency 675 670 653 653 652 650 627 631 634 636 645 657
Executive Ethics Commission, Illinois 67 66 66 67 65 64 64 63 63 60 65 65
Executive Inspector General, Office of the 68 68 71 72 72 71 71 73 73 73 74 70
Financial and Professional Regulation, Department of 413 414 409 408 402 394 391 391 390 389 397 402
Gaming Board, Illinois 155 155 152 145 148 147 149 152 150 152 152 155
Government Forecasting and Accountability, Commission on 13 13 13 13 13 13 12 12 12 12 11 11
Governor, Office of the 144 149 149 150 149 149 150 144 142 137 139 143
Guardianship and Advocacy Commission 101 98 98 98 97 98 99 99 98 99 98 99
Healthcare and Family Services, Department of 1,870 1,871 1,836 1,839 1,833 1,827 1,784 1,784 1,781 1,768 1,772 1,772
Human Rights Commission 20 21 21 21 21 20 22 22 22 22 22 23
Human Rights, Department of 122 121 120 123 123 126 126 118 119 120 120 121
Human Services, Department of 12,448 12,419 12,487 12,478 12,494 12,583 12,509 12,535 12,475 12,456 12,465 12,465
Illinois Federation of Teachers 2 2 2 2 2 2 2 2 2 2 2 2
Innovation and Technology, Department of 454 457 463 470 473 477 474 476 481 489 495 504
Insurance, Department of 241 244 236 234 235 236 232 229 229 230 227 229
Investments, State Board of 11 11 11 11 11 11 11 11 12 13 12 11
Joint Committee on Administrative Rules 13 12 14 14 14 14 14 14 14 14 13 14
Judges' Retirement System 9 9 9 9 9 8 10 10 10 10 9 9
Judicial Inquiry Board 5 5 5 5 5 5 5 5 5 5 5 5
Juvenile Justice, Department of 890 884 864 904 890 888 883 907 893 885 878 874
Labor Relations Board 14 14 14 14 14 13 13 13 13 13 14 14
Labor, Department of 83 81 79 79 77 77 77 77 77 75 75 76
Law Enforcement Training and Standards Board, Illinois 22 23 23 23 23 23 23 22 23 23 23 23
Legislative Audit Commission 3 3 3 2 2 2 3 3 3 3 3 3
Legislative Information System 27 27 27 27 26 28 28 29 29 29 29 29
Legislative Printing Unit 26 26 26 26 26 26 26 25 24 25 25 25
Legislative Reference Bureau 30 31 31 30 30 30 30 30 29 29 29 29
Legislative Research Unit 22 21 20 20 21 21 21 21 21 21 21 21
Lottery, Illinois 148 149 150 149 148 148 146 145 144 146 145 146
Lt. Governor, Office of the 10 9 9 9 9 9 9 9 9 9 9 8
Military Affairs, Department of 221 222 222 222 220 227 218 221 223 222 224 222
Natural Resources, Department of 1,503 1,468 1,363 1,324 1,252 1,229 1,171 1,148 1,139 1,223 1,380 1,451
Office of the Comptroller 212 213 216 216 216 219 219 223 224 224 224 226
Power Agency, Illinois 5 6 6 6 6 5 5 6 6 6 6 6
Prisoner Review Board, Illinois 20 19 18 18 20 21 20 20 19 19 20 20
Procurement Policy Board 4 4 4 4 4 4 4 4 4 4 4 5
Property Tax Appeal Board 30 30 29 30 30 30 29 28 28 31 30 30
Public Health, Department of 1,090 1,092 1,106 1,113 1,123 1,128 1,115 1,130 1,130 1,142 1,145 1,153
Racing Board, Illinois 42 41 40 28 29 28 33 30 22 28 39 37
Revenue, Department of 1,474 1,465 1,471 1,511 1,494 1,476 1,499 1,496 1,486 1,491 1,490 1,495
Secretary of State 3,475 3,473 3,491 3,511 3,535 3,550 3,529 3,544 3,556 3,586 3,620 3,626
State Appellate Defender 225 225 225 232 231 230 230 227 228 233 234 234
State Employees' Retirement System 93 94 92 92 91 92 91 92 92 96 95 93
State Fire Marshal, Office of the 127 129 127 125 126 126 124 124 127 129 128 130
State Officers 676 676 665 654 656 648 663 647 674 681 675 663
State Police Merit Board 5 5 5 5 5 5 5 5 5 5 5 5
State Police, Illinois 2,676 2,657 2,666 2,656 2,709 2,634 2,602 2,699 2,680 2,667 2,664 2,747
State Treasurer, Office of the 178 177 176 175 172 176 175 172 173 177 180 182
State's Attorneys Appellate Prosecutor 66 67 68 70 70 71 70 72 71 72 71 71
Student Assistance Commission, Illinois 190 190 191 192 193 191 185 187 185 185 185 187
Tax Tribunal, Illinois 3 3 3 3 3 3 3 3 3 3 3 3
Teachers' Retirement System 69 68 68 68 66 66 64 63 63 62 61 61
Toll Highway Authority, Illinois State 1,419 1,391 1,402 1,405 1,378 1,380 1,347 1,337 1,351 1,344 1,337 1,359
Transportation, Department of 5,098 5,144 4,985 5,003 5,815 6,265 6,397 6,355 6,249 5,836 5,163 5,200
Veterans Affairs, Department of 1,232 1,230 1,242 1,256 1,275 1,268 1,258 1,260 1,257 1,254 1,259 1,248
Workers' Compensation Commission, Illinois 157 156 156 158 158 155 154 154 154 152 156 155

TOTAL 58,641 59,082 58,440 58,300 59,087 59,557 59,389 59,568 59,434 59,265 58,864 59,200
Source: SERS

SECTION 4. STATE EMPLOYEE HEADCOUNT Page 70

 FY 2017 SERS HEADCOUNT TRACKER
Agency July August September October November December January February March April May June
Administrative Office of the Illinois Courts 584 583 582 581 586 582 582 585 585 587 587 587
Aging, Department on 152 151 146 142 142 145 144 143 143 144 142 140
Agriculture, Department of 498 882 627 365 344 330 324 331 337 344 377 453
Architect of the Capitol, Office of the 2 2 2 2 2 2 2 2 2 2 2 2
Arts Council 8 8 8 8 8 8 8 9 9 9 9 9
Attorney General, Office of the 724 729 727 722 724 723 725 731 732 730 732 729
Auditor General, Office of the 78 75 73 74 73 72 72 75 75 75 75 75
Capital Development Board 121 119 118 118 118 119 114 113 111 111 111 110
Central Management Services, Department of 774 761 769 765 764 769 739 742 738 743 743 746
Children and Family Services, Department of 2,608 2,620 2,635 2,648 2,648 2,628 2,581 2,589 2,596 2,585 2,583 2,613
Civil Service Commission, Illinois 4 4 4 4 4 4 4 4 4 4 4 4
Commerce and Economic Opportunity, Department of 298 300 292 290 286 290 287 288 284 283 283 283
Commerce Commission, Illinois 191 186 188 189 190 192 188 189 191 195 203 206
Comprehensive Health Insurance Board 11 11 11 11 8 7 6 6 4 4 4 4
Corrections, Department of 11,570 11,640 11,583 11,628 11,743 11,707 11,593 11,809 11,868 11,930 12,024 12,064
Court of Claims 34 34 35 34 34 34 33 33 33 33 31 31
Court Reporters 586 585 588 589 590 585 584 585 590 593 591 592
Criminal Justice Information Authority, Illinois 61 62 65 66 66 64 64 66 67 68 68 68
Deaf and Hard of Hearing Commission 5 5 5 5 5 5 5 5 5 5 4 6
Developmental Disabilities, Illinois Planning Council on 6 6 6 6 6 5 5 5 6 5 5 6
Education, Board of 88 86 85 85 84 84 83 82 82 81 78 77
Educational Labor Relations Board, Illinois 9 8 9 9 9 8 9 10 10 10 10 10
Elections, Board of 67 67 66 66 65 63 63 63 63 63 65 65
Emergency Management Agency 147 143 143 143 149 149 167 163 164 163 160 162
Employment Security, Department of 1,075 1,081 1,095 1,090 1,089 1,092 1,063 1,083 1,086 1,090 1,084 1,088
Environmental Protection Agency 713 711 700 693 689 687 665 661 666 662 663 680
Executive Ethics Commission, Illinois 62 63 62 64 68 68 69 69 67 66 66 68
Executive Inspector General, Office of the 70 70 68 67 67 69 68 68 67 68 68 69
Financial and Professional Regulation, Department of 437 438 430 430 431 428 412 413 414 413 410 412
Gaming Board, Illinois 168 168 166 166 166 167 163 162 160 158 158 158
Government Forecasting and Accountability, Commission on 13 13 13 13 13 13 13 13 13 13 13 13
Governor, Office of the 84 109 125 126 127 137 135 132 134 139 136 138
Guardianship and Advocacy Commission 96 95 98 99 100 99 95 95 97 99 101 102
Healthcare and Family Services, Department of 1,978 1,967 1,956 1,960 1,954 1,949 1,896 1,904 1,882 1,866 1,848 1,868
Historic Preservation Agency 163 166 160 160 152 139 136 129 129 136 162 193
Human Rights Commission 22 22 22 22 22 22 22 22 22 21 21 22
Human Rights, Department of 135 135 133 131 133 134 129 125 122 124 122 118
Human Services, Department of 12,685 12,683 12,659 12,692 12,653 12,639 12,479 12,461 12,511 12,431 12,389 12,486
Illinois Health Information Exchange Authority 3 2 2 - - - - - - - - -
Innovation and Technology, Department of 466 472 472 470 472 473 460 459 456 452 454 457
Insurance, Department of 242 240 240 241 244 245 239 240 240 238 242 246
Investments, State Board of 10 11 10 10 10 10 10 10 11 10 10 10
Joint Committee on Administrative Rules 12 12 12 12 12 13 13 13 13 13 13 13
Judges' Retirement System 10 10 10 10 10 10 10 10 10 10 10 10
Judicial Inquiry Board 5 5 4 4 5 5 5 5 5 5 5 5
Juvenile Justice, Department of 1,047 1,031 1,008 1,003 1,004 1,040 1,022 862 860 878 910 900
Labor Relations Board 14 14 14 13 14 14 14 14 14 13 13 13
Labor, Department of 83 83 81 80 80 83 82 82 82 82 82 83
Law Enforcement Training and Standards Board, Illinois 20 21 21 21 21 21 21 21 21 21 21 22
Legislative Audit Commission 3 3 3 3 3 3 3 3 3 3 3 3
Legislative Information System 28 28 28 28 28 28 28 28 28 28 28 28
Legislative Printing Unit 27 27 26 26 26 26 26 26 26 27 27 27
Legislative Reference Bureau 31 30 30 30 30 29 28 28 29 30 30 30
Legislative Research Unit 22 22 22 22 22 22 22 22 22 22 22 22
Lottery, Illinois 150 151 150 151 146 145 143 144 147 147 148 151
Lt. Governor, Office of the 14 13 9 10 10 10 10 10 10 10 9 10
Military Affairs, Department of 219 220 220 217 219 218 212 212 210 209 211 216
Natural Resources, Department of 1,436 1,400 1,312 1,252 1,204 1,194 1,122 1,085 1,075 1,138 1,261 1,358
Office of the Comptroller 217 210 207 204 213 215 204 201 209 208 209 209
Power Agency, Illinois 4 4 4 4 4 4 4 4 4 4 4 4
Prisoner Review Board, Illinois 22 22 22 22 21 21 21 19 19 19 20 20
Procurement Policy Board 4 4 4 4 4 4 4 4 4 4 4 4
Property Tax Appeal Board 32 32 32 32 32 33 29 30 30 30 30 30
Public Health, Department of 1,107 1,101 1,097 1,095 1,098 1,101 1,084 1,089 1,095 1,090 1,093 1,091
Racing Board, Illinois 42 42 42 29 31 27 26 13 27 30 40 42
Revenue, Department of 1,492 1,470 1,460 1,454 1,467 1,476 1,435 1,438 1,432 1,459 1,481 1,492
Secretary of State 3,519 3,517 3,525 3,519 3,515 3,530 3,484 3,505 3,491 3,483 3,478 3,487
State Appellate Defender 225 222 220 219 218 215 216 220 230 230 231 231
State Employees' Retirement System 99 101 100 99 96 97 98 93 91 92 93 95
State Fire Marshal, Office of the 116 116 118 120 121 120 117 117 117 116 117 125
State Officers 657 624 605 603 675 676 677 688 689 684 673 669
State Police Merit Board 6 6 7 7 7 7 6 6 6 6 6 6
State Police, Illinois 2,698 2,694 2,692 2,677 2,665 2,659 2,609 2,601 2,591 2,603 2,602 2,600
State Treasurer, Office of the 171 173 172 174 177 176 178 181 181 180 178 174
State's Attorneys Appellate Prosecutor 65 66 66 66 67 67 66 67 66 66 65 66
Student Assistance Commission, Illinois 186 184 184 183 184 184 183 183 185 181 183 188
Tax Tribunal, Illinois 3 3 3 3 3 3 3 3 3 3 3 3
Teachers' Retirement System 81 79 79 79 78 77 76 75 74 72 72 69
Toll Highway Authority, Illinois State 1,417 1,409 1,426 1,445 1,422 1,403 1,421 1,394 1,396 1,382 1,378 1,377
Transportation, Department of 5,053 5,034 4,976 4,931 5,572 6,032 6,099 6,134 6,071 5,427 4,938 5,054
Unspecified Board or Commission 28 26 26 27 27 23 1 2 1 1 2 2
Veterans Affairs, Department of 1,300 1,301 1,304 1,284 1,279 1,266 1,260 1,257 1,245 1,240 1,226 1,250
Workers' Compensation Commission, Illinois 159 161 160 156 155 156 154 155 155 152 153 155

TOTALS 58,872 59,184 58,659 58,302 59,003 59,379 58,652 58,718 58,743 58,151 57,910 58,504
Source: SERS

SECTION 4. STATE EMPLOYEE HEADCOUNT Page 71

 FY 2016 SERS HEADCOUNT TRACKER
Agency July August September October November December January February March April May June
Administrative Office of the Illinois Courts 1,555 1,552 1,554 1,549 1,552 1,547 1,539 1,530 1,532 1,535 1,540 1,540
Aging, Department on 144 149 150 146 147 146 146 148 148 144 150 153
Agriculture, Department of 497 972 609 359 340 340 336 333 335 332 377 480
Architect of the Capitol, Office of the 2 2 2 2 2 2 2 2 2 2 2 2
Arts Council 14 13 13 13 12 12 11 11 11 11 10 9
Attorney General, Office of the 749 743 736 731 733 733 723 728 719 727 729 727
Auditor General, Office of the 88 85 84 82 81 80 81 79 79 77 76 80
Capital Development Board 128 128 129 129 131 131 124 126 126 125 123 123
Central Management Services, Department of 1,216 1,236 1,224 1,222 1,228 1,222 1,206 1,213 1,208 1,218 1,224 1,217
Chicago Metropolitan Agency for Planning 10 10 9 9 9 9 9 9 9 9 9 9
Children and Family Services, Department of 2,555 2,583 2,557 2,540 2,536 2,538 2,506 2,546 2,554 2,558 2,577 2,603
Civil Service Commission, Illinois 3 3 3 3 3 3 3 3 3 3 3 4
Commerce and Economic Opportunity, Department of 313 310 308 307 307 307 303 303 304 304 299 295
Commerce Commission, Illinois 216 220 218 209 208 207 200 196 196 196 195 193
Comprehensive Health Insurance Board 12 12 12 12 12 12 12 12 12 11 11 11
Corrections, Department of 11,521 11,466 11,553 11,494 11,595 11,557 11,591 11,727 11,691 11,621 11,564 11,725
Court of Claims 34 33 34 34 34 33 34 33 34 35 35 34
Court Reporters 593 592 594 591 590 588 578 578 581 583 583 585
Criminal Justice Information Authority, Illinois 63 65 66 66 64 63 62 61 61 62 61 62
Deaf and Hard of Hearing Commission 6 7 6 5 5 5 5 5 5 5 5 5
Developmental Disabilities, Illinois Planning Council on 8 7 7 7 7 7 7 7 7 6 6 6
Education, Board of 96 96 93 92 95 95 95 96 97 92 91 91
Educational Labor Relations Board, Illinois 10 9 9 9 9 9 9 9 8 8 8 10
Elections, Board of 69 69 67 66 68 69 67 67 69 68 67 66
Emergency Management Agency 167 164 162 169 170 187 183 183 183 178 176 175
Employment Security, Department of 1,176 1,171 1,158 1,145 1,133 1,132 1,105 1,102 1,095 1,097 1,087 1,081
Environmental Protection Agency 768 765 756 750 750 746 725 725 723 719 718 718
Executive Ethics Commission, Illinois 67 66 65 65 64 66 63 64 62 62 63 63
Executive Inspector General, Office of the 66 68 68 67 68 70 69 68 66 64 68 72
Financial and Professional Regulation, Department of 446 443 438 433 429 428 424 424 424 433 430 428
Gaming Board, Illinois 169 168 168 168 169 169 170 169 170 170 168 167
Government Forecasting and Accountability, Commission on 12 12 12 12 12 12 12 12 12 12 13 13
Governor, Office of the 114 94 95 94 93 92 91 89 89 89 87 87
Guardianship and Advocacy Commission 100 100 100 100 99 99 95 97 97 98 97 97
Healthcare and Family Services, Department of 2,034 2,025 2,026 2,019 2,007 1,994 1,958 1,953 1,956 1,979 1,979 1,994
Historic Preservation Agency 160 164 158 155 145 131 129 129 131 132 159 164
Human Rights Commission 21 20 20 20 20 20 20 21 20 21 21 21
Human Rights, Department of 133 131 129 128 128 127 127 126 126 126 127 127
Human Services, Department of 13,025 12,987 12,974 12,916 12,967 12,926 12,766 12,778 12,764 12,765 12,802 12,810
Illinois Health Information Exchange Authority 8 6 6 6 6 5 5 5 5 5 5 4
Insurance, Department of 250 253 253 257 255 259 251 245 245 247 241 239
Investments, State Board of 11 11 11 11 11 11 11 11 11 10 10 10
Joint Committee on Administrative Rules 15 15 15 15 15 15 15 14 14 14 14 13
Judges' Retirement System 9 9 9 9 9 9 9 9 9 9 9 9
Judicial Inquiry Board 5 5 5 5 4 5 5 5 5 5 5 5
Juvenile Justice, Department of 998 994 993 985 1,022 1,026 1,014 1,060 1,056 1,043 1,073 1,071
Labor Relations Board 15 15 15 15 15 15 15 15 15 14 15 14
Labor, Department of 92 88 87 87 87 86 84 84 82 83 84 83
Law Enforcement Training and Standards Board, Illinois 18 18 18 17 17 18 18 18 19 19 20 20
Legislative Audit Commission 3 3 3 3 3 3 3 3 3 3 3 3
Legislative Information System 28 28 28 28 28 28 26 26 26 26 27 29
Legislative Printing Unit 27 27 27 27 27 27 27 27 27 27 27 27
Legislative Reference Bureau 30 29 30 30 30 31 33 33 32 32 32 32
Legislative Research Unit 23 23 23 22 22 22 22 22 22 22 22 22
Lottery, Illinois 136 136 132 132 133 137 134 137 139 140 145 145
Lt. Governor, Office of the 16 16 16 16 17 16 16 16 15 15 15 14
Military Affairs, Department of 210 211 210 209 212 213 211 213 214 217 217 217
Natural Resources, Department of 1,523 1,484 1,358 1,292 1,276 1,271 1,206 1,171 1,167 1,229 1,370 1,430
Office of the Comptroller 218 216 218 217 217 216 215 213 219 216 220 233
Power Agency, Illinois 4 4 4 3 4 4 4 4 4 4 4 4
Prisoner Review Board, Illinois 21 21 21 21 21 20 20 21 21 21 21 22
Procurement Policy Board 5 5 5 5 5 5 4 4 4 4 4 4
Property Tax Appeal Board 32 32 32 32 32 31 31 31 31 31 32 32
Public Health, Department of 1,172 1,165 1,156 1,145 1,138 1,130 1,116 1,116 1,119 1,118 1,117 1,110
Racing Board, Illinois 43 43 43 35 35 35 35 25 28 33 42 42
Revenue, Department of 1,633 1,633 1,624 1,607 1,596 1,583 1,582 1,579 1,585 1,593 1,591 1,570
Secretary of State 3,805 3,785 3,696 3,671 3,651 3,636 3,596 3,590 3,585 3,577 3,566 3,548
State Appellate Defender 215 211 207 210 229 225 226 228 228 227 225 225
State Employees' Retirement System 97 97 96 97 99 99 98 98 100 101 99 99
State Fire Marshal, Office of the 124 121 121 123 121 120 122 120 121 120 121 119
State Officers 891 890 882 877 875 868 879 863 877 887 695 676
State Police Merit Board 6 6 6 6 6 6 6 6 6 6 6 6
State Police, Illinois 2,831 2,823 2,824 2,810 2,801 2,802 2,749 2,751 2,750 2,733 2,722 2,712
State Treasurer, Office of the 158 162 162 162 164 165 164 169 168 169 168 171
State's Attorneys Appellate Prosecutor 66 66 67 68 68 68 65 65 65 65 65 65
Student Assistance Commission, Illinois 225 221 221 223 221 220 193 192 190 189 190 188
Tax Tribunal, Illinois 3 3 3 3 3 3 3 3 3 3 3 3
Teachers' Retirement System 83 83 83 82 82 82 81 81 81 82 81 81
Toll Highway Authority, Illinois State 1,653 1,472 1,464 1,478 1,458 1,462 1,432 1,412 1,414 1,416 1,410 1,425
Transportation, Department of 5,372 5,350 5,099 5,113 5,941 6,480 6,428 6,423 6,170 5,275 5,156 5,044
Unspecified Board or Commission 35 35 34 26 25 6 - - - - - -
Veterans Affairs, Department of 1,348 1,342 1,331 1,325 1,327 1,335 1,341 1,330 1,330 1,328 1,334 1,331
Violence Prevention Authority, Illinois 1 - - - - - - - - - - -
Workers' Compensation Commission, Illinois 176 161 161 160 162 160 158 160 159 160 159 160

Total 61,994 62,058 61,165 60,583 61,492 61,872 61,239 61,360 61,073 60,195 60,105 60,304
Source: SERS

SECTION 4. STATE EMPLOYEE HEADCOUNT Page 72

 FY 2015 SERS HEADCOUNT TRACKER
Department July August September October November December January February March April May June

Governor 219 232 234 228 226 227 205 185 187 187 180 177
Lt. Governor 7 9 8 7 7 8 7 10 13 12 14 14
Secretary of State 3,952 3,937 3,942 3,873 3,860 3,873 3,850 3,747 3,839 3,853 3,866 3,852
Comptroller 226 228 228 230 228 231 227 231 231 232 231 228
Treasurer 170 167 163 163 164 161 162 156 157 152 152 154
Attorney General 743 736 734 740 739 740 742 744 746 754 755 755
Board of Education 112 112 112 109 107 106 103 103 103 102 100 98
Court of Claims 631 641 647 644 643 509 632 637 640 639 642 642
General Assembly 714 712 682 664 678 618 615 706 735 734 721 714
Human Services 13,107 13,090 13,277 13,526 13,572 13,471 13,114 13,120 13,598 13,647 13,656 13,556
Agriculture 486 527 822 615 400 355 342 331 338 337 337 360
Natural Resources 1,599 1,596 1,610 1,505 1,429 1,337 1,275 1,212 1,292 1,298 1,385 1,508
Financial and Professional Regulation 692 686 701 700 698 700 693 668 692 684 685 688
Labor 91 92 93 93 96 94 93 93 95 92 94 93
DCFS 2,713 2,676 2,697 2,712 2,694 2,636 2,601 2,636 2,666 2,669 2,667 2,671
Comptroller - Court Reporters 605 605 609 613 621 622 614 615 618 616 614 610
Auditor General 94 93 92 92 90 88 89 90 90 90 90 89
Public Health 1,165 1,194 1,196 1,200 1,208 1,191 1,212 1,199 1,206 1,201 1,201 1,200
State Police 2,730 2,714 2,707 2,764 2,754 2,742 2,697 2,697 2,704 2,706 2,701 2,685
Transportation 5,796 5,713 5,731 5,566 5,434 6,629 6,592 6,617 6,829 6,795 5,734 5,341
Revenue 1,790 1,786 1,789 1,762 1,783 1,756 1,716 1,713 1,736 1,725 1,718 1,709
Juvenile Justice 1,050 1,031 1,031 1,068 1,045 1,026 1,000 985 1,013 1,037 1,038 1,045
Corrections 11,426 11,270 11,388 11,578 11,451 11,077 11,135 11,147 11,458 11,587 11,705 11,835
Civil Service Commission 3 3 3 3 3 3 3 3 3 3 3 3
Commerce Commission 234 234 231 230 232 232 233 230 231 227 229 224
Public Aid 2,187 2,171 2,194 2,203 2,177 2,171 2,154 2,129 2,141 2,149 2,152 2,137
Veterans Affairs 1,450 1,428 1,437 1,451 1,445 1,382 1,346 1,315 1,411 1,411 1,411 1,411
Military Affairs 216 216 216 219 219 219 217 218 213 216 217 215
CMS 1,283 1,276 1,282 1,305 1,306 1,292 1,288 1,242 1,345 1,267 1,270 1,258
DCEO 375 368 375 379 381 377 373 336 337 340 339 334
Nuclear Safety 1 1 1 1 1 1 1 1 1 1 1 1
Employment Security 1,210 1,200 1,201 1,206 1,217 1,181 1,161 1,169 1,185 1,192 1,208 1,211
Lottery 137 137 138 139 139 137 129 127 130 130 130 133
EPA 850 851 848 833 828 822 808 803 808 806 806 797
Aging 139 140 143 147 148 158 155 147 149 150 151 148

SECTION 4. STATE EMPLOYEE HEADCOUNT

Historic Preservation 212 205 202 191 177 161 153 151 151 150 148 160
Human Rights 144 141 138 139 136 133 139 137 140 139 139 139
Miscellaneous Boards and Commissions 4,053 4,017 4,029 4,046 4,043 3,958 3,928 3,857 3,913 3,920 3,929 3,896

Total 62,612 62,235 62,931 62,944 62,379 62,424 61,804 61,507 63,144 63,250 62,419 62,091
Source: SERS

Page 73
 FY 2014 SERS HEADCOUNT TRACKER
Department July August September October November December January February March April May June

Governor 204 209 209 213 216 221 213 210 212 212 216 216
Lt. Governor 15 15 14 12 12 11 11 10 10 9 9 9
Secretary of State 3,824 3,853 3,832 3,769 3,805 3,804 3,796 3,703 3,696 3,722 3,808 3,809
Comptroller 231 230 231 234 233 231 230 232 231 230 225 225
Treasurer 176 178 180 177 177 177 174 172 172 173 170 170
Attorney General 734 735 736 746 745 741 732 736 740 741 740 740
Board of Education 118 123 121 119 120 116 113 113 111 109 108 108
Court of Claims 640 645 652 645 638 512 631 633 635 643 628 628
General Assembly 616 732 721 727 725 607 636 713 622 744 621 621
Human Services 11,966 12,073 12,219 12,053 12,338 11,954 12,095 12,152 12,057 12,099 12,296 12,297
Agriculture 430 473 909 621 373 345 339 344 347 337 351 351
Natural Resources 1,470 1,488 1,468 1,383 1,362 1,263 1,212 1,227 1,202 1,224 1,278 1,278
Financial and Professional Regulation 656 663 659 671 684 690 688 683 684 683 686 686
Labor 94 95 94 93 91 89 86 86 86 84 90 90
DCFS 2,771 2,786 2,722 2,746 2,725 2,658 2,629 2,571 2,641 2,609 2,116 2,116
Comptroller - Court Reporters 604 606 604 603 604 609 603 605 605 605 605 605
Auditor General 99 99 100 99 99 96 96 95 93 89 89 89
Public Health 1,107 1,112 1,060 1,114 1,135 1,133 1,126 1,107 1,114 1,128 1,144 1,144
State Police 2,762 2,758 2,748 2,726 2,721 2,739 2,715 2,783 2,782 2,765 2,725 2,729
Transportation 4,994 5,933 5,851 5,643 5,628 6,744 6,658 6,880 6,610 5,637 5,432 5,434
Revenue 1,795 1,813 1,751 1,781 1,802 1,782 1,756 1,778 1,801 1,794 1,769 1,768
Juvenile Justice 983 987 1,060 969 993 941 956 973 970 985 969 969
Corrections 11,236 11,281 11,296 11,207 11,263 10,964 10,881 10,907 10,889 10,985 10,900 10,900
Civil Service Commission 4 4 4 4 4 4 4 3 3 3 3 3
Commerce Commission 239 240 241 241 246 243 242 241 238 240 236 236
Public Aid 2,182 2,195 2,107 2,211 2,221 2,192 2,175 2,156 2,154 2,154 2,173 2,173
Veterans Affairs 1,384 1,388 1,348 1,375 1,352 1,313 1,322 1,335 1,317 1,333 1,369 1,369
Military Affairs 221 225 219 223 223 220 215 218 215 213 215 215
CMS 1,336 1,346 1,292 1,326 1,370 1,318 1,306 1,285 1,288 1,267 1,270 1,271
DCEO 381 383 375 378 380 383 378 375 377 377 374 374
Nuclear Safety 1 1 1 1 1 1 1 1 1 1 1 1
Employment Security 1,313 1,312 1,292 1,290 1,282 1,242 1,228 1,216 1,217 1,224 1,210 1,210
Lottery 143 143 140 143 140 141 140 143 138 142 135 135
EPA 839 859 858 837 838 838 820 825 820 805 829 829

SECTION 4. STATE EMPLOYEE HEADCOUNT

Aging 144 144 135 141 137 136 137 136 135 133 138 138
Historic Preservation 225 226 226 216 214 180 172 170 169 172 183 183
Human Rights 138 143 138 144 144 142 136 137 142 143 141 141
Miscellaneous Boards and Commissions 4,019 4,077 4,021 4,007 4,035 3,956 3,960 3,944 3,966 3,940 3,970 3,994

Total 60,094 61,573 61,634 60,888 61,076 60,736 60,612 60,898 60,490 59,754 59,222 59,254

Page 74
Source: SERS
 FY 2013 SERS HEADCOUNT TRACKER
Department July August September October November December January February March April May June

Governor 184 192 192 188 193 194 195 198 196 197 203 207
Lt. Governor 20 21 20 18 19 19 19 18 16 17 16 15
Secretary of State 3,797 3,758 3,686 3,792 3,794 3,788 3,753 3,658 3,747 3,730 3,741 3,777
Comptroller 228 227 228 227 230 231 231 233 233 233 234 235
Treasurer 171 168 163 159 161 159 164 168 170 169 168 178
Attorney General 728 724 734 736 734 724 720 720 734 735 736 740
Board of Education 120 131 128 123 121 120 120 122 122 122 122 120
Court of Claims 525 654 644 675 662 523 626 644 648 650 645 646
General Assembly 474 550 648 519 604 611 604 746 753 741 628 732
Human Services 11,837 11,904 11,730 12,258 12,139 11,423 11,787 11,308 11,785 11,755 11,813 11,939
Agriculture 347 345 344 368 346 339 329 329 332 329 349 403
Natural Resources 1,350 1,282 1,232 1,223 1,161 1,198 1,069 1,138 1,152 1,182 1,204 1,447
Financial and Professional Regulation 687 687 691 699 694 695 679 666 665 651 652 660
Labor 91 91 94 95 92 92 92 92 92 90 89 92
DCFS 2,823 2,669 2,854 2,845 2,827 2,789 2,784 2,578 2,743 2,730 2,755 2,791
Comptroller - Court Reporters 603 603 605 605 605 606 599 601 605 605 598 606
Auditor General 101 99 100 100 100 99 96 97 95 93 92 100
Public Health 1,053 1,050 1,065 1,096 1,092 1,095 1,090 1,091 1,091 1,094 1,103 1,132
State Police 2,762 2,753 2,740 2,796 2,772 2,752 2,683 2,741 2,742 2,742 2,722 2,780
Transportation 4,459 5,573 5,489 5,553 5,757 6,558 6,699 6,606 7,112 6,269 5,588 5,876
Revenue 1,613 1,717 1,657 1,689 1,650 1,692 1,740 1,724 1,772 1,773 1,781 1,801
Juvenile Justice 1,137 1,123 1,137 1,170 1,147 1,129 1,041 1,070 985 979 963 1,001
Corrections 10,940 10,993 10,989 11,415 11,085 10,979 10,787 11,025 11,363 11,294 10,927 11,339
Civil Service Commission 4 4 4 4 4 4 4 4 4 4 4 4
Commerce Commission 247 252 253 251 252 250 246 245 244 242 242 241
Public Aid 2,081 2,117 2,129 2,160 2,157 2,185 2,163 2,133 2,172 2,163 2,202 2,180
Veterans Affairs 1,326 1,328 1,296 1,390 1,329 1,286 1,309 1,310 1,385 1,380 1,303 1,385
Military Affairs 231 229 231 226 221 220 220 225 228 221 223 225
CMS 1,298 1,341 1,376 1,393 1,385 1,390 1,369 1,357 1,384 1,348 1,350 1,347
DCEO 398 386 391 394 394 389 384 378 382 379 382 375
Nuclear Safety 1 1 1 1 1 1 1 1 1 1 1 1
Employment Security 1,767 1,721 1,755 1,644 1,571 1,541 1,498 1,484 1,471 1,445 1,297 1,292
Lottery 141 139 141 143 142 138 138 140 138 142 137 139
EPA 863 826 864 862 855 853 838 840 842 838 837 858

SECTION 4. STATE EMPLOYEE HEADCOUNT

Aging 128 110 135 135 136 136 133 133 132 143 144 144
Historic Preservation 157 189 238 228 194 176 172 168 168 171 187 221
Human Rights 135 136 139 135 132 131 132 132 139 132 141 143
Miscellaneous Boards and Commissions 3,790 3,885 3,948 3,994 3,978 3,963 3,962 3,946 3,976 3,966 3,949 4,037

Total 58,617 59,978 60,071 61,309 60,736 60,478 60,476 60,069 61,819 60,755 59,528 61,209

Page 75
Source: SERS
 SECTION 5. STATE
EMPLOYEES’ GROUP
INSURANCE
• Group Insurance Enrollment
• Group Insurance Appropriation and Liabilities
• Liability per Participant
• Group Insurance Liability Components
• Medicare
• Unpaid Bills Backlog
 GROUP INSURANCE ENROLLMENT

According to CMS, as of February 2022, the State Employees’ Group Health Insurance Program
(SEGIP) has an estimated 358,028 participants for FY 2022, of which 125,668 are in a non-
Medicare Advantage HMO, 91,755 are in a Medicare Advantage HMO/PPO, 98,414 are in an
Open Access Plan (OAP), and 39,851 are in the Quality Care Health Plan (QCHP). The QCHP
is estimated to have 15,286 employees, 11,731 active employee dependents, 5,140 retiree
dependents, and 7,694 retirees in FY 2022. Traditional HMO plans are estimated to have 45,313
employees, 59,244 active employee dependents, 9,562 retiree dependents, and 11,549 retirees
in FY 2022. The Consumer Driven Health Plan (CDHP) is estimated to have 1,206 active
employees and 1,134 active employee dependents. Medicare Advantage plans in FY 2022 include
21,883 dependents and 69,872 retirees. OAPs are anticipated to have 34,678 employees, 46,776
active employee dependents, 8,022 retiree dependents, and 8,938 retirees in FY 2022.

For FY 2023, the QCHP is estimated to have 14,548 employees, 11,263 active employee
dependents, 4,332 retiree dependents, and 5,872 retirees. Medicare advantage HMO/PPO plans
are expected to have 24,262 dependents and 75,552 retirees. Non-Medicare Advantage HMO
Plans are expected to have 42,696 employees, 56,124 active dependent lives, 8,856 retiree
dependents, and 10,047 retirees. OAPs are expected to have 36,024 employees, 48,775 active
dependents, 8,031 retiree dependents, and 8,409 retirees in FY 2023. The Consumer Driven
Health Plan is projected to have 1,428 employees and 1,307 active employee dependents, which
are primarily assumed to come from existing HMO plans. Total FY 2023 membership is
expected to decrease 0.1% from 358,028 to 357,526.

GROUP INSURANCE MEMBERSHIP

400,000

350,000

89,232 92,981 96,698 96,904 98,053 99,880

300,000

250,000

98,845 97,129 96,588 97,877 96,483 94,696

200,000

150,000
38,912 41,504 44,026 43,950 44,607 45,481

100,000

121,725 120,335 119,956 119,983 118,885 117,469

50,000

0
FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023

Source: CMS Active Dependent Retiree Dependent Member Retiree

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 79

 The Consumer Driven Health plan (CDHP) is a relatively new plan developed by CMS that
functions as a High-Deductible Health Plan. This type of health plan is characterized by low
monthly premiums for members, but significantly higher deductibles than the other plans
currently offered by the State before services (from hospitals, providers, etc.) are disbursed.
This type of plan is intended for current employees and dependents rather than retirees and works
in conjunction with an option for a Health Savings Account that SEGIP members can set up to
save for expenses or deductibles for the CDHP by setting aside money from their paychecks
before any tax deductions are taken.

The movement of eligible retirees and dependents into a system of Medicare Advantage plans
has continued from previous fiscal years and is expected to proceed accordingly in FY 2023.
These plans were set forth in an effort to save the State money as well as to provide quality
service and care for retirees and their dependents. A Health Alliance HMO plan for retirees and
dependents was added in FY 2015. The table below shows the population figures involved with
this program. Recent years have seen a dramatic rise in the number of people covered by a
Medicare Advantage plan, as more retirees reach eligibility for Medicare Advantage.

It is important to note that many of the 99,814 people projected to be covered in FY 2023 by a
Medicare Advantage HMO (MA HMO) or Medicare Advantage PPO plan came from the QCHP
through labor negotiations that moved all members qualifying for Medicare Advantage to a MA
PPO/HMO plan. As a result of these people being moved from QCHP into a MA HMO/PPO
plan and the movement of people into a MA plan that would have otherwise stayed in the QCHP,
the QCHP is forecasted to continue to be significantly more expensive on a per-person basis in
the 2023 fiscal year and in future years. In regard to MA, there are two different HMO benefit
plans being offered by Humana as Humana Benefit Plan 1 is intended for Livingston and Knox
counties while Humana Benefit Plan 2 is a traditional open area Medicare Advantage plan.

MEDICARE ADVANTAGE PLANS

FY 2021 FY 2022 FY 2023*
HMO/PPO
# of Participants # of Participants # of Participants
Aetna HMO 5,260 6,038 6,867
Humana Benefit Plan HMO 158 193 232
Humana Health Plan HMO 3,828 4,477 5,173
Health Alliance HMO 1,970 2,626 3,364
United HealthCare PPO 72,912 78,421 84,178
TOTAL 84,128 91,755 99,814
*FY 2023 numbers are projected as of February 2022
Source: CMS

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 80

 GROUP INSURANCE APPROPRIATION AND LIABILITIES

The FY 2023 budget notes that $1.841 billion in General Revenue Funds is appropriated to the
Department of Central Management Services for the SEGIP for FY 2023. The FY 2022
appropriation request for the Group Health Insurance Program was $1.851 billion in GRF. The
FY 2023 budget also allocates approximately $110 million (compared to $131 million in FY
2022) from the Road Fund towards the provision of Group Health Insurance, a significant
decrease, and continuing the trend from FY 2021. The table below shows the appropriation and
liability history of the SEGIP from FY 2016 to FY 2023. For FY 2018, it is necessary to note
the large one-time increase in Total Revenues from a bond of approximately $4 billion issued in
November 2017 to pay down the majority of group insurance held bills. This additional revenue
is included in the Total Revenues entry for FY 2018. In addition, due to the timing of bond
revenues, some additional funding was received in FY 2018. FY 2020 revenues included
interfund borrowing intended for the same purpose.

The Commission’s FY 2023 liability estimate is $3.09 billion for group insurance liability, which
is $84 million higher than the FY 2022 estimate from CMS of $3.005 billion (as of February
2022). The table on the next page shows a detailed comparison of the CGFA estimate for the
various cost components and the CMS projection for FY 2023. These numbers reflect an
increase of 2.0 and 2.8 percent respectively from the FY 2022 liability estimate from CMS of
$3.005 billion.

GRF APPROPRIATION, REVENUE, AND LIABILITY HISTORY

FY 2016-2023
($ Millions)
Fiscal Year GRF Appropriation Total Revenues CMS Liability*
FY 2016 $5.0 $876.9 $2,810.1
FY 2017 $0.0 $1,082.1 $2,871.5
FY 2018 $1,340.0 $6,306.6 $3,157.9
FY 2019 $2,176.2 $3,201.8 $3,103.1
FY 2020 $2,440.2 $3,699.1 $3,089.8
FY 2021 $2,022.8 $3,208.5 $3,119.4
FY 2022 $2,749.7 $3,967.0 $3,004.6
FY 2023 $1,841.2 $3,064.9 $3,065.0
*Liability Estimated for FY 2023
Source: CMS

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 81

 The Department’s estimate of liability for FY 2023 continues the increases from prior years,
including their projections for FY 2022. This increase in liability reflects traditional year-to-
year cost increases due to inflation and other factors. Of particular interest this year are the
increases in liability for the new Consumer Driven Health Plan and the Open Access Plan line,
both of which are projected to continue to increase significantly from FY 2022 to FY 2023.

While these components are increasing in cost at a higher amount and pace than traditional HMO
coverage, numerous other lines are staying relatively flat or decreasing in terms of liability
changes from FY 2022 to FY 2023. As in previous years, Dental, Mental Health, Vision, and
Life Insurance lines are projected to rise slightly or stay substantially flat for both FY 2022 and
FY 2023. This follows historical trends for the group insurance program. For 2023, most other
liability lines are only changing slightly.

The Special Programs line in the table below continues to be an item of interest, though for a
different reason than in the past. As a result of committed payments by the State towards existing
held bill vouchers, the State is projected to be in the position of not having to pay any interest
payments in FY 2023, which would be the first time this has occurred in at least 20 years. This
will be discussed in more detail in the Unpaid Bills Backlog section. The primary component of
the Special Programs line is anticipated to be the payments for the Teamsters health insurance
plan, though this line is expected to decline over time due to the membership constraints in their
health insurance contract.

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 82

 FY 2023 GROUP HEALTH INSURANCE LIABILITY
($ Millions)
FY 2022 CMS FY 2023 CMS FY 2023 CGFA
Liability Component
Estimate Estimate Estimate
QCHP Medical $347.3 $334.8 $340.4
QCHP Prescriptions $123.3 $115.6 $116.7
Dental (QCHP/MC) $130.5 $134.4 $134.4
HMO $985.4 $969.6 $977.2
Medicare Advantage HMO/PPO $157.7 $167.0 $169.3
Open Access Plan $996.9 $1,064.8 $1,068.8
Consumer Driven Health Plan (HDHP) $16.2 $20.1 $20.4
Mental Health $5.6 $5.6 $5.6
Vision $8.4 $8.4 $8.4
Administrative Services (QCHP) $15.8 $14.7 $14.7
Life $83.2 $85.5 $85.8
Special Programs* (Admin/Int./Other) $134.2 $144.4 $147.1
TOTAL $3,004.5 $3,064.9 $3,088.8
% increase -3.7% 2.0% 2.8%

*FY 2022 and FY 2023 Special Programs line includes Prompt and Timely Payment Interest.
Rounding may cause slight differences.
Source: CMS, CGFA
The following table illustrates the cost components for the Group Health Insurance Program
from FY 2014 through FY 2023 (projected). From a high of $274 million in FY 2018, interest
payments are projected to amount to $0 in FY 2023. Such a low projected amount for total
interest payments reflects an expectation of timely payment of state vouchers by insurance
companies, individual providers, and others submitting claims to the state.

However, this success is tempered by the continued upward pressure of administrative costs to
the state since FY 2016. From $53 million in FY 2016, this particular liability is projected to
reach $144 million in FY 2023. At this point, the uncertainty regarding the impact of the
Consumer Driven Health Plan (CDHP) on overall state liabilities from the FY 2022 Budget
Summary is beginning to clear up, as this plan continues to grow and draw people away from
more expensive health insurance plans. The CDHP provides savings to Illinois compared to
existing plans while providing savings to the expected individual users in the form of significantly
lower premiums. While the consumer savings are predicated on low utilization of plan benefits,
many of the expected younger users of these plans do not typically require the extensive medical
services (apart from a yearly physical) utilized by participants in the other plans offered, such as
the Quality Care Health Plan (QCHP). Accordingly, the State has expanded offerings of
preventative care and health management services for participants to lower long-term health costs
as well.

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 83

 HISTORICAL GROUP HEALTH INSURANCE LIABILITY
($ Millions)
Liability Component FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023*
QCHP Medical/Rx
$598 $493 $488 $482 $512 $516 $495 $488 $471 $450
CDHP $0 $0 $0 $0 $0 $0 $0 $8 $16 $20
HMO Medical $910 $917 $934 $976 $1,037 $1,067 $1,088 $1,083 $985 $970
Medicare Advantage $62 $154 $168 $183 $200 $197 $188 $175 $158 $167
Dental $118 $118 $118 $113 $117 $124 $107 $130 $134 $138
Open Access Plan $616 $657 $669 $703 $779 $842 $859 $965 $997 $1,065
QC Mental Health $7 $5 $5 $6 $5 $6 $6 $6 $6 $6
Vision $11 $11 $8 $8 $8 $8 $8 $9 $8 $8
Life Insurance $88 $95 $91 $90 $90 $88 $92 $94 $83 $86
QC ASC $26 $19 $15 $14 $15 $14 $15 $14 $12 $11
Interest Payments $130 $221 $262 $195 $274 $104 $73 $23 $1 $0
Admin/Other $48 $73 $53 $103 $120 $137 $159 $126 $133 $144
Total $2,614 $2,764 $2,810 $2,871 $3,158 $3,103 $3,090 $3,119 $3,005 $3,065
% change 1.0% 5.7% 1.7% 2.2% 10.0% -1.7% -0.4% 1.0% -3.7% 2.0%
* Estimate, Rounding causes slight differences in totals.
Source: CMS

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 84

 LIABILITY PER PARTICIPANT

The liability per participant in the State Employees’ Group Insurance Program is the total of the
State’s liability across all participants. The following chart shows the steady increase each year
in liability per participant. In FY 2014, the annual liability per participant in the group health
insurance program was $6,864. According to CMS, the estimated liability per participant
for FY 2023 is $8,573, a 25% increase from the FY 2014 liability per participant. The
liability per participant is expected to increase 2.2% from FY 2022 to FY 2023, which follows
a 3.2% decrease in liability per participant in FY 2022. It is necessary to note that the FY 2023
liability is only a projection and that the full impact of cost saving measures such as the CDHP
and various employee wellness initiatives developed by the Department of Central Management
Services have not been fully actualized. In regard to the chart below, in order to better
demonstrate the increase in liability over time, the portion of liability resulting from interest
payments has been removed.

GROUP HEALTH INSURANCE LIABILITY PER

PARTICIPANT
$10,000

$8,520 $8,663 $8,389 $8,573

$9,000
$8,269 $8,443

$8,000 $7,680
$7,153
$6,864 $7,012
$7,000

$6,000

$5,000

$4,000

$3,000

$2,000

$1,000

$0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
*Data for FY 2023 is an estimate. These figures do not include Interest Payments.
Source: CMS

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 85

 GROUP INSURANCE LIABILITY COMPONENTS

The following chart includes the various components of the FY 2023 CMS liability estimate of
$3.065 billion. The largest component of the State Group Insurance Program is the State’s
managed care plans (HMOs, OAPs, and Medicare Advantage) representing 72% of total FY
2023 liability. The CDHP is projected to amount to 1% of total FY 2023 liability. The QCHP
component (15%) is slightly lower than in FY 2022 (16%) and includes medical/prescriptions,
mental health coverage, and administrative service charges. Dental care and life insurance
comprise 7% of total liability. The remaining components, including various administrative
service costs, comprise the remaining 6% of total FY 2023 liability.

ESTIMATED FY 2023 GROUP INSURANCE LIABILITY COMPONENTS

Total = $3.065 Billion

Timely/Prompt Payment
Interest, $0, 0%
MA HMO/MA PPO, $167,
5%
QCHP Medical/RX,
$450, 15%

Dental (QCHP/MC), $134,

4%
Open Access Plan, $1,065,
35%

Life, $86, 3%

Misc., $173, 5%

HMO, $970, 32% CDHP, $20, 1%

Source: CMS

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 86

 MEDICARE

Medicare is a federal health insurance program designed specifically for individuals who are 65
years of age or older, certain younger people with disabilities, and people with End-Stage Renal
Disease. Traditionally, Medicare has been broken out into four specific parts: A, B, C, and D.
Part A of Medicare refers to hospital insurance, which would cover inpatient hospital care,
skilled nursing facility care, hospice care and some home health care. Part B of Medicare refers
to general medical insurance, which would cover certain doctors’ services, outpatient care,
medical supplies, and preventative services. Part C of Medicare refers to the federally permitted
Medicare Advantage network of programs, which will be explained later in this document. Part
D of Medicare refers to prescription drug coverage, which adds prescription drug coverage to
original Medicare, some Medicare Cost plans, some Medicare private fee-for-service plans, and
Medical Savings Accounts (MSAs). Medicare offers coverage at an 80-20 split, where
individuals are responsible for 20 percent of medical costs in Parts A and B after deductibles and
co-payments have been met.

Individuals may be automatically enrolled in Medicare depending on certain conditions:

1. If they are getting Social Security (SS) or Railroad Retirement Board (RRB) benefits
2. If they are under 65 years of age and disabled
3. If they have Amyotrophic Lateral Sclerosis (ALS)
4. If they live in Puerto Rico and receive SS or RRB benefits

If these conditions do not apply, individuals must apply for Parts A and B of Medicare online,
in person or via a toll-free telephone number. Medicare premiums are automatically deducted
from an individual’s Social Security, Railroad Retirement, or Civil Service Retirement check.
If an individual does not receive the aforementioned payments, Medicare will send a bill for the
insurance premium quarterly.

Medicare Advantage

Medicare Advantage plans are typically classified under Part C of the traditional Medicare
sections. In comparison to traditional Medicare coverage for types A and B (and also D, in some
cases), Medicare Advantage is primarily a type of plan that is offered by private companies that
contract with Medicare to provide Parts A and B benefits. In addition, Medicare Advantage
plans may also contain prescription drug coverage.

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 87

 Generally, Medicare Advantage plans include Health Management Organizations (HMOs),
Preferred Provider Organization (PPOs), Fee for Service (FFS), Special Needs and Medical
Savings Account plans. As a result of the variety of organizations participating in Medicare
Advantage, the plans offered by these organizations in place of traditional Medicare can vary
significantly with the original product. Depending on the needs of consumers, MA plans can be
limited by geographical area and costs incurred (deductibles, co-payments, etc.). Some MA
plans cover a large area of the United States, while others only offer coverage in a much smaller
in-state area. CMS has stated that the MA network put into place for Illinois retirees and
dependents would have a “passive” component that would allow retirees and dependents to seek
services at most, if not all, Medicare providers across the country.

Medicare for State Retirees

Citing a long-standing concern for rising costs, the State of Illinois and the employee unions
representing State employees came to an agreement to restructure retiree and retiree dependent
contributions for health insurance. After analysis by CMS, four separate Medicare Advantage
plans were chosen for the state employee retirees. Aetna HMO, United HealthCare PPO, and
two Humana Benefit Plans (both HMO) were selected. Health Alliance HMO was later selected
to supplement Medicare Advantage plan coverage for retirees. At last count, the FY 2022
projected enrollment in this program totals 87,997 individuals, an increase of 3,848 (4.6%) from
FY 2020. This is not expected to significantly change due to the relatively new CDHP, as that
plan is available exclusively for current employees and their dependents.

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 88

 UNPAID BILLS BACKLOG

Since at least 2013, the State Employee Group Insurance Program (SEGIP) had amassed a large
backlog of unpaid claims, rising to $5.2 billion at its height, partly due to the lack of an official
state budget during much of that time to ensure payments on claims. After a budget was passed
in 2017, this issue continued to be a problem as no additional funding was provided at the time
to pay down the existing group insurance bill backlog. However, in November 2017, the State
bonded out approximately $4 billion to pay down group health insurance bills. This bonding
brought the total unpaid bill backlog down significantly. Successful efforts have been made to
continue the paying down of the total claims backlog.

As of the end of June 2022, the total bill backlog in the SEGIP stood at $5.8 million, compared
to $178 million as of the end of June 2021. This does not include any bills awaiting payment at
the Comptroller’s office. According to a statement from the Comptroller’s office from July 1,
2022, they now anticipate a General Revenue Fund payment cycle of zero days from when they
receive a payment voucher from CMS or other agencies. Additionally, according to their
statement, they have caught up on all bills related to the SEGIP. Due in part to COVID stimulus
funding, cash management, and paying off group insurance bills in a timely manner, this is a
substantial improvement from a payment cycle that stretched to over a year as recently as FY
2018.

As a result of the State Employees Group Insurance Program (SEGIP) building up a large backlog
of unpaid claims from health care vendors, alternative options for payment have been explored.
One option that has arisen in recent years is a program called the Vendor Payment Program
(VPP), which is organized through the Department of Central Management Services (CMS).

Under the VPP, vendors for the state of Illinois who would otherwise receive prompt payment
interest would instead partner with a “qualified purchaser” who would purchase the outstanding
claim from them. The vendor would receive approximately 90% of the total invoice owed to
them with the other 10% paid to them once the qualified purchaser is paid by the state. The
qualified purchaser would keep any interest paid out by the state on the voucher. However,
because the State was not been able to pay out vouchers without appropriation, CMS switched
to the Vendor Support Initiative program (VSI), which is procedurally similar to the Vendor
Payment Program, but does not require a voucher to receive payment.

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 89

 CLAIMS HOLD DATA FOR SEGIP
(as of June 30, 2022)
Length of Claims Interest Owed (Including
Vendor Claims Hold Hold (in days) Past Due Interest)
Aetna PPO $0 101 $0
Dental Claims Hold – PPO $4,134,619 66 $0
Dental - Non-PPO $1,692,795 143 $0
Magellan (Mental Health) Claims
$0 45 $0
Aetna/Coventry HMO $0 97 $0
Health Alliance HMO $0 97 $0
HMO Illinois $0 97 $0
Blue Advantage $0 97 $0
HealthLink OAP $0 101 $0
Aetna/Coventry OAP $0 100 $0
CVS/Caremark $0 5 $0
Aetna/Coventry MA $0 97 $0
Health Alliance MA $0 97 $0
Humana Benefit Plan MA $0 97 $0
Humana Health Plan MA $0 97 $0
United Healthcare MA $0 97 $0
Fidelity (Vision) $0 97 $0
Minnesota Life $0 97 $0
Other Fees (ASC/etc.) $0 5-117 $0
Total $5,827,414 5-143 $0
Source: CMS

SECTION 5. STATE EMPLOYEES’ GROUP INSURANCE Page 90

 SECTION 6. MEDICAID
• Medicaid Requirements
• Medicaid Enrollment
• Medicaid Liability per Participant
• Medicaid Liability
• Medicaid Funding
 MEDICAID REQUIREMENTS

The Illinois Department of Healthcare and Family Services (HFS) is the sole administrator of
the State’s Medicaid program. HFS serves as the State’s largest insurer, insuring approximately
3.1 million people. Medicaid and related programs are authorized under Titles XIX and XXI of
the Social Security Act. At the State level, Medicaid and related programs are guided by Article
5 of the Illinois Public Aid Code, the Children’s Health Insurance Program Act, the Covering
ALL KIDS Health Insurance Act, and other state laws. The laws and regulations that govern
the Medicaid program are voluminous and complex. The items listed below are the basic
requirements the State must follow in offering Medicaid.

(1) Operation. The Medicaid program must:

• Operate statewide.
• Provide beneficiaries freedom of choice of providers (enroll any willing and qualified
provider).
• Provide comparable services to all members of each class of beneficiaries.
• Provide transportation to and from a source of medical care.
• Be overseen by a single State agency.

(2) Funding and payments. The Medicaid program generally must:

• Fund the State plan. Match rates vary by Medical program – from 10% state match
currently being required for newly eligible clients under the Patient Protection and
Affordable Care Act (PPACA) to certain state-only funded programs requiring 100%
of their funding from the State. The state match generally required for traditional
Medicaid is currently just under 50% (excluding the temporary federal CARES Act
increase due to the COVID-19 pandemic.
• Operate an automated claims processing system.
• Require most providers to submit claims within 6 months of the date of service (under
State law).
• Pay claims timely. Clean claims for practitioners (including shared health facilities) —
90% within 30 days of receipt; 99% within 90 days of receipt. All other clean claims
must be paid within 12 months of receipt.
• Pay for services furnished in another State to the same extent that it would pay for
services furnished within its boundaries.

(3) Populations. The Medicaid program must cover categorically needy individuals:
• Families who meet the AFDC eligibility requirements in effect on July 16, 1996.
• Children whose income is at or below 133% of the federal poverty guideline (FPL) as
adjusted per the MAGI requirements of the PPACA.
• Caretakers (relatives or legal guardians who take care of children under 18 years of
age).
• Pregnant women in families whose income is at or below 133% of the FPL as adjusted
per the MAGI requirements of the PPACA.

SECTION 6. MEDICAID Page 93

 • Persons who are aged, blind, or disabled who meet the AABD eligibility requirements
in effect on January 1, 1972.
• Children for whom adoption assistance or foster care maintenance payments are made
under Title IV-E.

And certain needs of the following special populations:

• Treatment of an emergency medical condition to certain undocumented non-citizens.
• Medicare premiums, deductibles and coinsurance for individuals whose income is at or
below 100% of the FPL.
• Medicare premiums for individuals with income greater than 100% but less than 135%
of the FPL.

A State need not cover medically needy persons, but if it elects to do so, it must cover:
• Pregnant women through a 60-day postpartum period.
• Children under age 18 years of age.
• Certain newborns for one year.
• Certain protected blind persons.

(4) Required services for categorically needy are entitled to the following services.

• Ambulatory services provided by rural health clinics and federally qualified health
centers.
• Ambulatory services to presumptively eligible pregnant women.
• Early and periodic screening, diagnosis and treatment for individuals under 21 years of
age.
• Emergency services to non-citizens.
• Family planning services and supplies.
• Home health, including home health aide, medical supplies, equipment and appliances,
nursing services, physical, occupational and speech therapies, and audiology services.
• Inpatient hospital services (other than those provided in an institution for mental
diseases).
• Medical and surgical services performed by a dentist.
• Nurse practitioner (pediatric and family only).
• Nurse-midwife services.
• Nursing facility and home health services for individuals 21 years of age and older.
• Outpatient hospital services.
• Other laboratory and x-ray services.
• Physician services.
• Pregnancy-related services and services for other conditions that might complicate
pregnancy.

SECTION 6. MEDICAID Page 94

 MEDICAID ENROLLMENT

As noted in previous years, the passage and implementation of the PPACA in Illinois had a
significant impact on the Medicaid program. With the PPACA, adults between 19-64 years of
age who have an income level at or below 133% of the federal poverty level (calculated per the
requirements of the PPACA) qualify for Medicaid coverage. Medicaid enrollment in FY 2014
and FY 2015 increased significantly over prior years. However, enrollment declined from FY
2016 through FY 2020, until it began to rise again due to the COVID-19 pandemic. The
Medicaid enrollment for FY 2021 was 3,286,703, a sharp increase of 330,906 (11.2%) from FY
2020. The budgeted Medicaid enrollment for FY 2022 is 3,621,058, an increase of 334,355
(10.2%) from FY 2021. The numbers for FY 2022 are not final, as there is a three-month lag
in enrollment figures, so the final number is likely to change somewhat after the publication date
of this Budget Summary. However, this demonstrates a continuing and dramatic rise in
enrollment over prior years that will impose a significant fiscal strain on the State if it continues.

The chart at the top of the next page examines historical Medicaid enrollment. In FY 2013, the
average Illinois Medicaid population was 2,777,558. Since that time, the Medicaid population
has grown partially due to eligibility expansions such as the PPACA and outside factors such as
the COVID-19 pandemic. The FY 2022 estimate of 3,621,058 reflects these influences, though
externalities such as lingering effects from the COVID-19 pandemic and turmoil from the current
economic uncertainty represent potential influences that have yet to be fully realized and
incorporated into baseline population estimates. Additionally, Medicaid enrollment numbers
have typically been reported three months late, given the requirement to offer retroactive
eligibility for up to three months prior to application as appropriate. It is necessary to note that
the FY 2014 and FY 2015 population numbers are mainly increased due to additional people
entering the Medicaid system as a result of the PPACA expansion. Costs for individuals newly
eligible under the PPACA was funded 100% by the federal government until calendar year 2017.
At that time, under current law, the federal match rate gradually declines for that population to
a minimum of 90% in calendar year 2020. This match rate minimum affected Illinois in the
latter half of FY 2020, though this can be contrasted with a temporary matching rate increase of
6.2 percentage points due to federal COVID-19 legislation. FY 2022 figures will be updated
when the information is provided by HFS.

SECTION 6. MEDICAID Page 95

 MEDICAID ENROLLMENT
4,000,000

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

Est.

In order to better understand the components of the aggregate population figure of 3.3 million
enrollees for FY 2021 and provide some insights for FY 2022 - FY 2023, the chart below breaks
the overall population figure into its component parts. The largest population group in FY 2021,
accounting for 1,467,027 participants, was Children. According to State data, this group
accounted for $3.73 billion in claims-based liability expenditures. While only representing 16%
of the overall Medicaid population, Seniors and Adults with Disabilities accounted for 37% of
overall Medicaid claims-based liability expenditures, a slight decline from FY 2020 (39%). The
following chart compares overall FY 2021 claims-based liability expenditures by population
category.

MEDICAID POPULATION AND LIABILITY

(FY 2021)

100%
90% 22% 26%
80%
70% 18%
17%
60% 8%
20%
50% 8%
40%
30% 45% 17%
20%
20%
10%
0%
Population Liability
ACA Newly Eligible Adults 712,771 $4,970,778,593
Other Adults 597,895 $3,264,422,699
Seniors 248,682 $3,880,623,295
Adults with Disabilities 260,328 $3,245,906,811
Children 1,467,027 $3,726,105,906

DCN Dates: 7/1/20 to 6/30/21. Data reflects all HFS funds fee-for-service cash basis and managed care capitation expenses for FY21.
Includes spending from all HFS funds. Liability by group does not include partial benefits recipients. Source: HFS.

SECTION 6. MEDICAID Page 96

 MEDICAID LIABILITY PER PARTICIPANT

Based on information provided to the Commission from HFS, it is apparent that the liability per
participant for higher medical need seniors and adults with disabilities continues to be
significantly greater than for lower need adults and children. In fact, for the Adults with
Disabilities category, the liability expenditure per participant annually in FY 2021 was $12,469,
a $2,783 (28.7%) increase from FY 2020. Likewise, the average liability expenditure per
participant for senior Medicaid enrollees was $15,605 (compared to $13,650 in FY 2020, a
$1,955 or 14.3% increase). The average liability per participant for children was $2,540
(compared to $2,143 in FY 2020, a $397 or 18.5% increase) while the average liability for other
adults was $5,460 (compared to $4,452 in FY 2020, a $1,008 or 22.6% increase). Concurrently,
the average liability for individuals under the PPACA was $6,974 (compared to $5,495 in FY
2020, a $1,479 or 26.9% increase).

Due to the three-month lapse cycle in Medicaid reimbursements and enrollment, final FY 2022
liability estimates are unavailable at this time. In addition, the full impact of COVID-19
(especially the developing condition of “Long COVID”) on these FY 2022 components is
uncertain, as is the impact on FY 2023 enrollment and reimbursements. Temporary increases
in Medicaid enrollment due to COVID-19 impact may have limited influence on long-term
Medicaid liabilities and population estimates, though “Long COVID” may yet permanently
increase the baseline for these numbers.

The table below compares the various population components of Medicaid with their
corresponding total liability amounts to calculate the average liability expenditure per participant.
As shown by the chart, despite a large number of enrollees, children are a relatively low liability
component for the Medicaid program on a per participant basis. Also, as can be expected,
seniors and adults with disabilities are a much larger liability component per participant due to
the increased costs of care involved with these specific populations. In comparison, PPACA
eligible adults and other adults have a much lower (though growing) per participant liability.

MEDICAID LIABILITY PER PARTICIPANT

FY 2021
Population Group Enrollment Liability Liability Per Participant
Children 1,467,027 $ 3,726,105,906 $2,540
Adults with Disabilities 260,328 $ 3,245,906,811 $12,469
ACA Newly Eligible Adults 712,771 $ 4,970,778,593 $6,974
Other Adults 597,895 $ 3,264,422,699 $5,460
Seniors 248,682 $ 3,880,623,295 $15,605
Total 3,286,703 $19,087,837,304 $5,808
DCN Dates: 7/1/2020 to 6/30/2021. Data reflects all HFS funds fee-for-service cash basis and managed care capitation expenses for FY21. Includes spending from HFS
funds only. Liability by group does not include partial benefits recipients. Source: HFS.

SECTION 6. MEDICAID Page 97

 MEDICAID LIABILITY

In FY 2014, overall GRF and related fund Medicaid liabilities totaled $10.6 billion. The
estimated FY 2023 liability for Medicaid is $23.7 billion, a 124% increase, due in large part to
statutory program changes, eligibility expansions (PPACA, etc.) and consolidation of other state
agency fee-for-service Medicaid liability to HFS under Managed Care. In addition, the effects
of the COVID-19 pandemic should be taken into account, as this has served to increase liabilities
for FY 2020 - FY 2023, though depending on the effectiveness of continuing treatments and
vaccines, as well as the impact of “Long COVID,” future effects on Medicaid liabilities are
uncertain. While liability projections are included in the chart below, these projections may be
adversely affected by economic influences as well as COVID-related externalities such as “Long
COVID” and other related health impacts, and should therefore be understood cautiously within
the context of overall Medicaid liability.

HISTORIC MEDICAID LIABILITY

($ Millions)
FY 2022 FY 2023 Avg %
Liability Component FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021
Est. Proj. Change

Long Term Care $1,755 $1,586 $1,418 $1,077 $929 $1,026 $688 $511 $477 $626 -13.1%
Hospitals $3,354 $2,878 $1,955 $1,893 $1,946 $1,126 $1,346 $1,045 $964 $1,002 -10.4%
Prescribed Drugs $1,453 $1,215 $1,079 $1,161 $1,160 $887 $922 $754 $872 $895 -4.6%
Practitioners $1,499 $1,142 $603 $504 $463 $287 $265 $221 $248 $212 -13.7%
Managed Care $1,295 $4,323 $6,293 $7,309 $8,433 $9,309 $12,599 $16,034 $17,269 $18,423 49.8%
Other Medical $1,262 $1,188 $1,085 $1,183 $1,138 $1,073 $1,322 $1,486 $2,379 $2,591 8.7%
Total Liability $10,619 $12,333 $12,433 $13,128 $14,070 $13,709 $17,142 $20,051 $22,209 $23,749
% Change 8.21% 16.14% 0.81% 5.59% 7.18% -2.57% 25.04% 16.97% 10.76% 6.93% 9.5%
Source: HFS
*These numbers reflect total General Revenue and related fund liability. PPACA enrollment and liability
begin in FY14 and significantly impact FY14 and FY15 liability growth. FY16-FY19 liability growth is
mainly driven by state statutory changes, federal changes (increased Medicare Part B premium charges)
and consolidation of other agency fee-for-service Medicaid liability to HFS under the Managed Care
expansion for long-term supports and services. FY20 liability growth can also be largely attributed to
state statutory changes including the minimum wage increase as well as the implementation of the
managed care assessment and non-emergency transportation intergovernmental transfer mechanism. The
latter two FY20 items provide significant new resources to the Medicaid program to fund enhancements
enacted during the 2019 legislative session. The numbers above may not appear to add due to rounding.
The total effects of the COVID-19 pandemic (FY 2020-current) are uncertain, though increases to date
have been noted and are incorporated into the numbers on this table.

SECTION 6. MEDICAID Page 98

While Hospital Medicaid payments used to be the highest single component of overall GRF and
related fund liability, Managed Care spending has surpassed Hospital spending since FY 2015
and is expected to continue that trend through FY 2023, according to HFS data. Looking at FY
2014, payments to hospitals accounted for 32% of total liabilities, while in FY 2023 they are
projected to account for just 4%. The difference is taken up and added upon by Managed Care
liability, which has increased from $1.3 billion and 12% of the FY 14 liability to $18,423 billion
and 77% of the FY 23 projected liability. The following chart breaks down the various
components of FY 2023 Medicaid liability.

COMPONENTS OF MEDICAID LIABILITY

FY 2023
($ Millions)

Managed Care
$18,423 Hospitals
77% $1,002
4%

Prescribed Drugs
$895
4%

Other Medical
Total = $23.749 Billion $2,591
11%

Long Term Care

$626
Practitioners 3%
$212
Source: HFS 1%
Data reflects total General Revenue and related fund liability. Numbers may not total due to rounding.

SECTION 6. MEDICAID Page 99

 MEDICAID FUNDING

It is important to note the various funding sources that provide the necessary revenue for
Medicaid. According to the Department of Healthcare and Family Services (HFS), funding has
been different due to the conversion of much of the Medicaid program to managed care and the
uncertain impact of COVID-19 on overall revenues and expenditures. Accordingly, as was the
case for FY 2022, the FY 2023 Medicaid budget was once again enacted in lump sum
appropriations at fund levels and is reflected in the chart on the following page.

According to the Department of Healthcare and Family Services, this indicates that a breakdown
of appropriation by the standard categories of Hospitals, Managed Care, Practitioners, Other
Medical, Long-Term Care, and Prescribed Drugs is not available for FY 2023 as was the case
for FY 2022 and many years prior, at this point. Total spending will increase for FY 2022 due
to lapse period spending for the bills that come in for payment by the state in the next few
months. In most years, GRF appropriations and allocations may change during the course of
the fiscal year as the Governor takes actions to address the State's fiscal challenges.
Traditionally, appropriations include non-GRF funds from which cycled Medical Programs
liability is reimbursed.

Federal action to date and proposed continued federal support of Medicaid enhancement and
population enrollment should be considered to be a potential factor in final FY 2022 and FY
2023 Medicaid funding estimates as was the case in FY 2020. To the extent that lapse spending
and reimbursements are affected, this translates to potential effects for future years as well.
However, at this time, insufficient data is available for reliable projections of specific impacts
on out-year funding estimates.

Also important for consideration is the amount of Medicaid payments delayed in the past few
fiscal years due to budgetary and appropriation issues. According to state law, the imposition
of Section 25 cap for HFS Medicaid applies only to the General Revenue Fund, Long-Term Care
Provider Fund, Drug Rebate Fund, and Healthcare Provider Relief Fund. The cap for FY 2021
was $100 million, which applied to bills received by the Department on or before June 30, 2021.
HFS believes it met the FY 2022 Section 25 cap requirement as amounts in excess of $100
million, paid from FY 2023 appropriations, are estimated to relate to FY 2021 bills received
after June 30, 2021.

Certain medical providers in Illinois contribute to the costs of Medicaid through health care
assessments and intergovernmental transfers. In collecting these fees, the State maximizes its
share of available federal matching funds. Hospitals, nursing homes, managed care

SECTION 6. MEDICAID Page 100

organizations, and long-term care facilities for the developmentally disabled currently pay
provider assessments to help support the Medical Assistance program.

Illinois also uses intergovernmental transfers (IGT) to support Medicaid services. An IGT is
essentially a transfer between government entities. When local health care entities transfer funds
to the state under an IGT agreement, these funds are used for Medicaid payments supplemented
by federal matching funds. For example, certain Medicaid services provided by Cook County
Health Services are currently funded via IGT arrangements. Cook County Health Services
generally makes transfers in amounts equal to the difference between total payments made to
county providers and the related federal financial participation monies received by the State from
the County Provider Trust Fund. By using the IGT mechanism, Medicaid services can be
provided to many Cook County residents without the need for state GRF resources.

Various COVID-19 related programs have continued through HFS and their administration of
the Medicaid program in Illinois through the 2022 fiscal year and are expected to continue into
FY 2023. Approximately $273 million from the American Recovery Plan Act was disbursed to
hospitals, mental health facilities, and long-term care facilities in FY 2022. Additionally, in FY
2023, $315 million has been appropriated from the American Recovery Plan Act for nursing
homes, ambulance service providers, and hospitals. A variety of new services related to COVID-
19 have been implemented through this and other funding, including vaccine administration,
testing, telehealth provision and expansion, and relief on some health premiums.

MEDICAID SPENDING COMPARISON

($ Millions)
Appropriation FY 2022 FY 2023 Difference
General Revenue Fund $6,903.0 $6,922.9 $19.9
FY 2021 GRF Lapse Period Spending $400.8 $0.0 -$400.8
FY 2022 GRF Lapse Period Spending -$525.0 $525.0 $1,050.0
FY 2023 GRF Lapse Period Spending $0.0 -$525.0 -$525.0
Medicare Federal Revenue Offset $685.0 $0.0 -$685.0
Healthcare Provider Relief Fund** $12,212.5 $13,968.6 $1,756.1
Drug Rebate Fund $1,279.5 $1,586.3 $306.8
Tobacco Settlement Fund $243.8 $226.3 -$17.5
Long Term Care Provider Fund $518.7 $864.6 $345.9
Hospital Provider Fund $559.9 $180.0 -$379.9
General Revenue and Related Funds Total $22,278.2 $23,748.7 $1,470.5
* FY 2023 values represent appropriations as of July 2022.
** Healthcare Provider Relief Fund resources may be allocated to Medicaid billings from any provider type.
*** Lapse period spending is a reflection of the accounting issues with vouchers and payments for one fiscal year affecting a future fiscal year
due to timing of receipts by the State
Source: HFS

SECTION 6. MEDICAID Page 101

 SECTION 7.
ELEMENTARY &
SECONDARY EDUCATION
• Elementary and Secondary Education Funding
 ELEMENTARY AND SECONDARY EDUCATION FUNDING

A major portion of the State’s general revenues are used to fund elementary and secondary
education in Illinois. For the FY 2023 budget, the State Board of Education’s allotment is $9.758
billion (PA 102-0698). This enacted budget includes a continuation of the revised education
funding formula which began in FY 2018, often referred to as evidence-based school funding.

Under Public Act 100-0465, several changes to the School Code were made, which includes
setting forth provisions concerning:
• An adequacy target calculation;
• A local capacity calculation;
• A base funding minimum calculation;
• A percent of adequacy and final resources calculation;
• An evidence-based funding (EBF) formula distribution system;
• State Superintendent of Education administration of funding and school district
submission requirements; and
• A Professional Review Panel.

The EBF formula requires the Illinois State Board of Education to go through a data-verification
process with school districts to ensure all of the data incorporated into the formula is accurate.

A more detailed overview of the new evidence-based funding formula can be found at the Illinois
State Board of Education’s website here:

https://www.isbe.net/Pages/EvidenceBasedFunding.aspx

On the following page are charts displaying the distribution of the calculated net State
contributions by region and by type of district. For a more detailed look of how and where the
State education funding dollars are distributed, please see the ISBE’s website at:

https://www.isbe.net/Pages/ebfdistribution.aspx

SECTION 7. ELEMENTARY & SECONDARY EDUCATION Page 105

 EVIDENCE BASED FUNDING
Total Net FY 22 State Contribution by Region
Percentage of Total
State Total: $7.443 Billion

Collar Counties
22.7%

Cook (w/o
Chicago)
17.8%
Downstate
35.8%
City of Chicago
23.7%

Source: ISBE at www.isbe.net/Pages/ebfdistribution.aspx

EVIDENCE BASED FUNDING

Total Net FY 22 State Contribution by Type of District
Percentage of Total
State Total: $7.443 Billion

Elementary
22.7%

Unit
67.3% High School
9.1%

Other
0.9%
Source: ISBE at www.isbe.net/Pages/ebfdistribution.aspx

SECTION 7. ELEMENTARY & SECONDARY EDUCATION Page 106

 Education Expenditure History
General Funds $ in millions
Total Warrants Issued: 14-18 months depending upon fiscal year
$20,000
$18,164
$17,667
$18,000
$16,432
$15,564
$16,000 $14,679
$13,525 $13,377
$14,000 $12,575
$12,088 $12,409

$12,000 $11,358
$10,376 $10,455
$9,630 $9,358
$10,000 $8,801 $8,594 $8,585 $8,970 $8,922
$8,320
$8,000

$6,000

$4,000

$2,000

$0
2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021

Fiscal Year
Spending for elementary and secondary education (including teachers’ retirement funds contributions) accounted for $14.417 billion, or 79.4% of this spending program in FY 2021, with the remaining $3.747 billion spent on higher education
(universities [including retirement], community colleges, and scholarships).

ILLINOIS STATE BOARD OF EDUCATION

GENERAL FUNDS HISTORY
Excludes Teacher Retirement System Funds
($ in millions)
$12,000

*PA 99-0524 provided an

$10,000 additional $533M for FY
2016 and/or FY 2017.
$9,758
$9,327
$8,894 $8,896
$8,000 $8,216 $8,392

$7,442 $7,308 $533

$7,106 $7,063 $6,937 $6,928
$6,750 $6,687 $6,755
$6,000 $6,534 $6,550
$6,110
$5,809
$5,444

$4,000

$2,000

$0

* PA 99-0524 provides the spending authority for PreK-12 education with combined General Funds appropriations of $6.928 billion for FY 2017 and an additional
$532.6 million for FY 2016 and/or FY 2017.
** As provided by PA 102-0017 and PA 102-0698.
*** As provided by PA 102-0698.

SECTION 7. ELEMENTARY & SECONDARY EDUCATION Page 107

 SECTION 8. PENSION
LEGISLATION
• Pension Legislation – 2022 Spring Session
• SERS Tier 2 Alternative Formula Expansion
• Extension of the Voluntary Pension Buyout Programs
 PENSION LEGISLATION – 2022 SPRING SESSION

Below is a synopsis of substantive pension bills that have passed both chambers of the General
Assembly during the Spring 2022 Legislative Session. All bills listed below have been signed
into law, and the public act number is shown as well.

HB 1568 (P.A. 102-0719)

Sponsors: Vella (Martwick)

Passed House: 94-5-3

Passed Senate: 42-2-0
House Concurrence: 99-7-5

HB 1568 was signed into law as P.A. 102-0719 on May 6, 2022. Currently, Tier 2 members in
the SERS Alternative Formula can retire at age 60 with 20 years of service. HB 1568 allows
the following Tier 2 law enforcement personnel to retire at age 55 with 20 years of service under
the Alternative Formula:

• State Police troopers;

• investigators for the Secretary of State;
• Conservation police officers;
• investigators for the Department of Revenue or the Illinois Gaming Board;
• investigators for the Office of the Attorney General; and
• Commerce Commission police officers or arson investigators

Members participating in the SERS Alternative Formula contribute 12.5% of salary towards
their pensions, regardless of tier status. The bill does not change the member contribution
amount.

HB 4209 (P.A. 102-1061)

Sponsors: Stuart (Crowe)
Passed House: 104-0-1
Passed Senate: 57-0-0
House Concurrence 114-4-0

HB 4209 was signed into law as P.A. 102-1061 on June 10, 2022. The bill amends the IMRF,
SURS, and Downstate Police Articles of the Pension Code. The bill reopens the IMRF-to-

SECTION 8. PENSION LEGISLATION Page 111

Downstate Police service credit transfer window established in P.A. 102-0113, and expands
service credit transfer eligibility to include Downstate Police members who performed
“administrative duties related to law enforcement” with an IMRF employer. In addition, the bill
allows for Downstate Police-to-IMRF SLEP service credit transfers of up to 10 years. The bill
also allows for police duty service credit transfers between SURS and Downstate Police pension
funds.

HB 4292 (P.A. 102-0718)

Sponsors: Morgan (Martwick)
Passed House: 108-2-0
Passed Senate: 51-1-0

HB 4292 was signed into law as P.A. 102-0718 on May 5, 2022.

P.A. 100-0587, which went into effect on June 4, 2018, created two voluntary pension buyout
programs for SERS, SURS, and TRS: the “total pension buyout” program for vested, inactive
members and 3% COLA buyout program for eligible Tier 1 members. A brief summary of each
buyout program is shown below:

• Voluntary Pension Buyout for Vested, Inactive Members:

An eligible member in SERS, SURS, or TRS may irrevocably elect to receive an
accelerated pension benefit payment equal to 60% of the present value of a member’s
pension benefit in lieu of receiving any pension benefit. An eligible member means a person
who:
o Is an inactive member in a DB plan;
o Has enough age and service credits to receive a retirement annuity (i.e.,
the member has vested for a pension);
o Has not received any retirement annuity; and
o Has not elected the compounded 3% COLA buyout option.

• Voluntary Compounded 3% COLA Buyout for Tier 1 Members

An eligible member in SERS, SURS, or TRS may irrevocably elect to receive an accelerated
pension benefit payment equal to 70% of the difference between the present value of the
standard Tier One 3% compounded COLA and the present value of a reduced COLA (simple
1.5%) in exchange for receiving a simple 1.5% COLA. An eligible member means a person
who:
o Is a Tier 1 member in a DB plan;
o Has submitted an application for retirement;
o Meets age and service requirements to receive a retirement annuity;
o Has not received any retirement annuity; and
o Has not elected the total pension buyout option.

The two buyout programs were scheduled to sunset on June 30, 2024, pursuant to P.A. 101-
0010. Under HB 4292, eligible members of SERS, SURS, or TRS will be allowed to elect to

SECTION 8. PENSION LEGISLATION Page 112

participate in the pension buyout programs until June 30, 2026; so, in essence, the bill extends
the buyout program sunset date by 2 years.

Currently, the State Pension Obligation Acceleration Bonds of $1 billion are authorized for the
purpose of making the accelerated pension benefit payments to those who elected to participate
in the buyout programs. HB 4292 will authorize the issuance of an additional $1 billion of State
Pension Obligation Acceleration Bonds, allowing a total of $2 billion in bonds to be issued for
the buyout programs to reflect the extended window period.

HB 4320 (P.A. 102-0764)

Sponsors: Halpin (Martwick)
Passed House: 103-0-1
Passed Senate: 56-0-0

HB 4320 was signed into law as P.A. 102-0764 on May 13, 2022. Currently, Illinois law
requires that SURS employers must pay pension costs associated with salary increases greater
than 6% during the employee’s final average salary period (the “FAS Cap”). Public Act 102-
0016 created an exemption to the 6% FAS Cap; the Act applies to academic years immediately
following emergency declarations. Public Act 102-0016 became effective on June 17, 2021.
However, academic year 2021 ended on June 30, 2021. SURS notes that the exemption created
by Public Act 102-0016 only applies to payments made to employees on/after June 17, 2021 and
does not cover the entire 2021 academic year. HB 4320 clarifies that the 6% FAS Cap exemption
created by Public Act 102-0016 applies to payments made in academic years beginning on/after
July 1, 2020, ensuring that the entire 2021 academic year is covered by the emergency
declaration FAS Cap exemption.

HB 4435 (P.A. 102-1064)

Sponsors: Evans (Feigenholtz)
Passed House: 104-0-0
Passed Senate: 55-0-0

HB 4435 was signed into law as P.A. 102-1064 on June 10th, 2022. Under the Chicago Fire
article of the Pension Code, an occupational disease disability benefit is equal to 65% of the
participant’s salary on the date of removal from payroll. The total amount of the benefit shall
not exceed 75% of salary at the time the benefit is granted, and is payable until the earlier of
death, retirement, or a return to active duty. HB 4435 would add methicillin-resistant
Staphylococcus aureus (MRSA) as a qualifying condition for an occupational disease disability
benefit.

SECTION 8. PENSION LEGISLATION Page 113

HB 4646 (P.A. 102-0943)
Sponsors: Yang Rohr (Villivalam)
Passed House: 69-42-0
Passed Senate: 48-8-0

HB 4646 was signed into law as P.A. 102-0943 on May 27th, 2022. The Act amends the Illinois
Municipal Retirement Fund Article of the Illinois Pension Code to provide that pension fund
trustees be awarded at least 20 days of paid leave of absence per year for the purpose of attending
meetings and seminars pertaining to the Board of Trustees.

HB 4677 (P.A. 102-0707)

Sponsors: Burke (Feigenholtz)
Passed House: 113-0-1
Passed Senate: 47-5-0

HB 4677 was signed into law as P.A. 102-0707 on April 22, 2022. The Act amends the
Metropolitan Water Reclamation District Article of the Illinois Pension Code to raise the
MWRD's funding target level to 100% from 90% in the year 2050, and to specify that unfunded
liabilities shall be amortized as a level percentage of payroll until 2050, which is a restatement
of current law.

Current law dictates that the Metropolitan Water Reclamation District shall annually levy a tax
upon all the taxable real property within the District that consists of two components:

1. A sum that will be sufficient to meet the pension fund’s actuarially determined
contribution requirement for that year, but that shall not exceed the following amount:
2. A sum that shall not exceed an amount equal to the total employee contributions 2 years
prior, multiplied by 4.19

The fund’s actuarially determined contribution is equal to the employer’s normal cost, plus an
annual amount needed to amortize the unfunded liability by the year 2050 as a level percent of
payroll, with a funding target of at least 90% by the year 2050.

Under HB 4677, the funding target increases to 100% from 90%. The bill states that, beginning
in fiscal year 2032, the District shall contribute the "actuarially determined contributions." In
other words, the District’s statutory employer contribution for the purposes of amortizing
unfunded liabilities shall be calculated by the current level percentage of payroll method required
under current law.

SECTION 8. PENSION LEGISLATION Page 114

HB 4924 (P.A. 102-0787)
Sponsors: Hoffman (Martwick)
Passed House: 104-0-0
Passed Senate: 56-0-0

HB 4924 was signed into law as P.A. 102-0787 on May 13th, 2022. The bill amends the
Downstate Fire article of the Pension Code. The bill deletes language requiring the treasurer of
a municipality (who is, by default, the treasurer of the pension fund) to execute a bond to that
municipality that guarantees the faithful performance of the duties of the office and for the
safekeeping and proper accounting of all pension fund moneys and property which come to the
treasurer.

HB 4926 (P.A. 102-0956)

Sponsors: Hoffman (Martwick)
Passed House: 104-0-0
Passed Senate: 57-0-0

HB 4926 was signed into law as P.A. 102-0956 on May 27th, 2022. The bill amends the State
Employees article of the Illinois Pension Code to apply the alternative retirement formula to Tier
2 investigators for the Attorney General and to allow these individuals to establish up to 8 years
of alternative formula service credit established before the effective date of this legislation.

Note - HB 4926 exempts the foregoing change from the New Benefit Increase review provision
of P.A. 94-0004.

HB 5295 (P.A. 102-0806)

Sponsors: West II (Jones III)
Passed House: 104-0-0
Passed Senate: 54-0-0

HB 5295 was signed into law as P.A. 102-0806 on May 13th, 2022. The bill amends the Chicago
Police article of the Pension Code. The bill provides that if a police officer receives any
compensation as temporary total disability, permanent total disability, a lump sum settlement
award, or other payment under the Workers’ Compensation Act or Workers’ Occupational
Diseases Act as a result of secondary employment for any injury resulting in disability, then any
disability benefit payable to the police officer by the pension fund shall be reduced by the amount
of the pertinent Workers’ Compensation or Workers’ Occupational Diseases Act award. If the
amount of the pertinent award exceeds the disability benefit payable from the pension fund as a
result of secondary employment, then no disability benefit will be payable from the pension fund
until that amount exceeds the Workers’ Compensation or Workers’ Occupational Diseases Act
award.

SECTION 8. PENSION LEGISLATION Page 115

HB 5447 (P.A. 102-0811)
Sponsors: Ugaste (DeWitte)
Passed House: 103-0-0
Passed Senate: 54-0-0

HB 5447 was signed into law as P.A. 102-0811 on May 13th, 2022. The bill amends the
Downstate Police article of the Pension Code to allow surviving spouses who married retired
Downstate Police officers to qualify for a survivor's pension under certain conditions.
Previously, if a Downstate Police officer married after retirement and subsequently died, the
surviving spouse was not entitled to any survivor's annuity. HB 5447 provides that such that a
surviving spouse who married a retired Downstate Police officer would be eligible for a
survivor's annuity under the following conditions: 1) the police officer was married to the
surviving spouse for at least 5 years prior to the police officer's death, and 2) the surviving
spouse has attained the age of 62. The bill specifies that the surviving spouse benefit shall
terminate no later than 15 years after the benefit begins to accrue. HB 5447 also specifies that
this new surviving spouse benefit would apply to active and retired police officers alike.

HB 5472 (P.A. 102-0709)

Sponsors: Yang Rohr (Martwick)
Passed House: 108-0-0
Passed Senate: 57-0-0

HB 5472 was signed into law as P.A. 102-0709, effective April 22, 2022. Prior to the enactment
of the bill, TRS allowed annuitants receiving an annuity other than a disability retirement annuity
to return to work as a teacher without impairment of retirement status, provided that employment
was not within the school year during which service was terminated and does not exceed 120
paid days or 600 paid hours in each school year, but not more than 100 paid days in the same
classroom.
HB 5472 amends the TRS article of the Pension Code by allowing annuitants beginning July 1,
2021 through June 30, 2022 to accept employment as a teacher without impairing their retirement
status provided that the employment is not within the school year during which service was
terminated. The bill provides an additional 20 paid days or 100 paid hours to the previously
mentioned limits placed on employment for that time period. The bill specifies that this change
is meant to assist with addressing the substitute teacher shortage that has been exacerbated by
the global pandemic. The annuitant re-employment cap will revert to 120 paid days or 600 paid
hours beginning on June 1, 2022 through June 30, 2023. Beginning July 1, 2023, the annuitant
re-employment cap will be set at 100 paid days or 500 paid hours in each school year (pursuant
to P.A. 102-0537, effective August 20th, 2021).

SECTION 8. PENSION LEGISLATION Page 116

SB 2952 (P.A. 102-0995)
Sponsors: Van Pelt (Delgado)
Passed Senate: 51-0-0
Passed House: 111-0-0

SB 2952 was signed into law as P.A. 102-0995 on May 27th, 2022. The bill amends the Chicago
Fire and Chicago Laborers Articles of the Pension Code. The bill provides that the Treasurer
of the City of Chicago may appoint a designee to act in his or her capacity on both respective
pension fund boards, provided the designee has the requisite knowledge of the office of the City
Treasurer and has the ability to act on all matters pertaining to the administration of the pertinent
pension fund.

SB 2958 (P.A. 102-0742)

Sponsors: Martwick (LaPointe)
Passed Senate: 54-0-0
Passed House: 111-0-0

SB 2958 was signed into law as P.A. 102-0742 on May 6th, 2022. The Act amends the Chicago
Laborers Article of the Pension Code to clarify the contribution that a union must make on behalf
of a member who has taken a leave of absence from a city position to work for a union while
still accruing service credit in the pension fund for that union service (a practice referred to as
“union leave”).
Members of the Chicago Laborers Article of the Pension Code who are on Union Leave and
participate in the pension fund for that period of leave make regular employee contributions to
the Pension Fund in the amount of 8.5% of salary. With regard to employer (union)
contributions, prior to the enactment of P.A. 102-0742, the Chicago Laborers Article held that
“the participant, or the labor organization on the participant's behalf, makes contributions to the
Fund as though it were the employer...based on the regular salary rate received by the
participant….” Prior to the enactment of Public Act 100-0023, which placed the Chicago
Laborers Pension Fund on a long-term amortization schedule, the labor organization employing
the member on Union Leave made contributions equal to the amount of employee contributions
two years prior, multiplied by a static statutory factor (“Multiplier Methodology”).

With the enactment of PA 100-0023 on July 6, 2017, the Multiplier Methodology was replaced
with statutorily fixed contributions from 2018 through 2022 (referred to as the “ramp” due to
the graduated nature of the fixed payments), followed by actuarial-based contributions starting
in 2023 sufficient to bring the LABF to 90% funded by the end of 2058. It was therefore unclear
what labor organizations were required to contribute on behalf of members on union leave
inasmuch as the previous statutory language was rooted in the old multiplier methodology. SB
2958 provides clarification by requiring the labor organization employing a member on Union
Leave to contribute the difference between the regular employee contribution (8.5% of salary)
and the normal cost of the pension fund, specific to the member's Tier status.

SECTION 8. PENSION LEGISLATION Page 117

SB 2989 (P.A. 102-0822)
Sponsors: Villivalam (Andrade)
Passed Senate: 53-0-0
Passed House: 101-10-0

SB 2989 was signed into law as P.A. 102-0822 on May 13th, 2022. The bill allows members of
the Chicago Teachers’ Pension Fund to purchase up to two years of service credit for previous
teaching service in a private school. The bill re-opens an optional service credit purchase
window period that was established by Public Act 94-1111 in 2007 and expired on June 1, 2009.
In order to qualify for this credit, the member must have been certified while employed by the
private school and must have provided satisfactory evidence of employment. For each year of
private school service credit established under the Act, the member was required to contribute
16.5% of salary of the first full year of employment as a teacher in a Chicago public school
following employment in a private school, plus interest at 8.0%, compounded annually, from
the date of membership in the Chicago Teachers’ Pension Fund following private school service,
to the date of payment.

SB 2989 re-establishes this opportunity for the purchase of optional service credit for private
school teaching. The contribution amounts would be equal to the employee and employer
contribution that would have been required had the years of private school service been rendered
as an active member of CTPF and based on the salary of the first full year of employment as a
teacher in a Chicago public school following employment in a private school, plus interest
compounded annually at the actuarially assumed rate of return (7.00%) from the date of service
to the date of payment. The service credit purchase window would be re-opened on the bill's
effective and would close two years thereafter.

SB 2991 (P.A. 102-0746)

Sponsors: Martwick (Halpin)
Passed Senate: 53-0-0
Passed House: 103-0-0

SB 2991 was signed into law as P.A. 102-0746 on May 6th, 2022. The Act amends the SURS
Article of the Pension Code to address situations in which overpayments of pension benefits may
be recovered by the retirement system, and situations in which overpayments need not be
recovered but merely corrected going forward.

SB 3177 (P.A. 102-0836)

Sponsors: Cunningham (Guerrero-Cuellar)
Passed Senate: 52-0-0
Passed House: 114-0-0

SB 3177 was signed into law as P.A. 102-0836 on May 13, 2022. The bill makes a non-
substantive technical correction to the Chicago Fire article of the Pension Code. P.A. 102-0293

SECTION 8. PENSION LEGISLATION Page 118

provided that a firefighter who withdraws from service with less than 10 years of service with
no age restriction, or any firefighter that leaves to enter another department of the city is entitled
to a refund of contributions. SB 3177 amends the Chicago Fire article such that the following
criteria will satisfy the requirements for a refund of contributions: a firefighter who withdraws
before age 50, or a firefighter with less than 10 years of service who withdraws before age 57,
or any firefighter that leaves to enter the service of another department of the city. SB 3177
restores the statutory language that existed prior to the enactment of P.A. 102-0293, but was
inadvertently changed by the Act.

SB 3465 (P.A. 102-1013)

Sponsors: Martwick (LaPointe)
Passed Senate: 53-0-0
Passed House: 105-0-1

SB 3465 was signed into law as P.A. 102-1013 on May 27th, 2022. The bill amends the Chicago
Teacher article of the Pension Code such that until June 30, 2024 a retired teacher may be re-
employed without impairment of retirement status given that the annuitant is employed in a
subject shortage area and the employer of the retired annuitant meets specific requirements as
follows:
• vacant positions must first be offered to any teachers legally qualified to hold positions
in the subject shortage area that have been honorably dismissed in the preceding calendar
year for which the employer seeks to employ a retired annuitant;

• in the 6 months prior to the beginning of the term for which the employer seeks to employ
a retired annuitant, the employer must for a period of 90 days, on an ongoing basis, (i)
advertise vacancies in the subject shortage area in employment bulletins published by
college and university placement offices located near the school; (ii) search for legally
qualified teachers through the Illinois Education Job Bank; and (iii) post all vacancies on
the employer’s website and list the vacancies in an online job database.

Compliance with these requirements must be submitted by the employer to the regional
superintendent, who shall certify the employer’s compliance to the fund.

SB 3651 (P.A. 102-0849)

Sponsors: Villa (Hirschauer)
Passed Senate: 52-0-0
Passed House: 113-0-0

SB 3651 was signed into law as P.A. 102-0849 on May 13th, 2022. Under current law, the
IMRF Article of the Pension Code provides that participating municipalities and instrumentalities
will be required to pay the pension fund the present value of the increase in pension resulting
from an increase in salary granted during an employee's final average salary period that is in
excess of the greater of 6% or 1.5 times the annual increase in the Consumer Price Index-U.
Current law provides that the fund exclude certain earnings increases from the penalty provision,

SECTION 8. PENSION LEGISLATION Page 119

such as payments for unused vacation time, and employment promotions that result in increased
responsibility and workload, among other exemptions. SB 3651 amends the IMRF article to also
exclude from the final average salary cap penalty any earnings increases resulting from periods
in which the member was paid through workers’ compensation.

SB 3652 (P.A. 102-0850)

Sponsors: Villa (Hirschauer)
Passed Senate: 52-0-0
Passed House: 113-0-0

SB 3652 was signed into law as P.A. 102-0850 on May 13, 2022. The bill amends the IMRF
Article of the Pension Code. Under current law, the IMRF Article provides that if a participating
employer creates an early retirement incentive program, employees who retire under such a
program would lose those incentives if they later accept employment with any IMRF employer
in a position for which participation in IMRF is required or is elected by the employee.

SB 3652 provides that employees who retire under an early retirement incentive program and
who later accept employment or enter into a contract with any IMRF employer shall lose those
incentives, regardless of the position of employment. In other words, the position that the
annuitant would accept, whether permanently or on a contractual basis, would not have to be an
IMRF-covered position, but merely one with an IMRF employer.

SB 3778 (P.A. 102-0856)

Sponsors: Belt (Halpin)
Passed Senate: 52-0-0
Passed House: 114-0-0

SB 3778 was signed into law as P.A. 102-0856 on May 13, 2022. SB 3778 allows Arson
Investigators, along with investigators for the Department of Revenue, Illinois Gaming Board,
and the Secretary of State to establish up to 5 years of service credit in the alternative (State
Police) formula in SERS for prior police service in IMRF, prior service as a county corrections
officer or court services officer in Cook County, or for prior service as a firefighter in an Article
4 (Downstate Fire) pension fund. In order to establish this service credit, the police officer must
contribute to SERS a payment equal to the difference between employer and employee
contributions made for the prior service and the amounts that would have been contributed in
SERS had the service been rendered in the SERS alternative formula, plus interest at the
actuarially assumed rate of return of 6.75%, compounded annually, from the date of service to
the date of payment. This election to establish service must be made within six months of the
effective date of this legislation.

SB 3778 also allows people in the aforementioned positions to convert up to 5 years of regular
SERS service to alternative (State Police) service by paying to SERS the difference between the
regular formula contributions of 4% and the alternative formula contributions of 12.5%, plus
the difference between the employer's normal cost for the prior service and the normal cost for

SECTION 8. PENSION LEGISLATION Page 120

the alternative service being converted, plus interest at the actuarially assumed rate of return of
6.75%, compounded annually, from the date of service to the date of payment. As with the
service credit transfers described above, the window for upgrading past SERS regular formula
service is six months after the effective date of this bill.

Note – SB 3778 exempts the foregoing change from the New Benefit Increase review provision
of P.A. 94-0004.

SB 3785 (P.A. 102-0857)

Sponsors: Curran (Batinick)
Passed Senate: 55-0-0
Passed House: 114-0-0

SB 3785 was signed into law as P.A. 102-0857 on May 13, 2022. The bill amends the Downstate
Police and IMRF articles of the Pension Code. The bill provides that within 6 months of the
effective date, a member of a Downstate Police Pension Fund may transfer to that fund an
unlimited amount of service credit accumulated in IMRF as a county correctional officer, or as
a person employed by a participating municipality to perform administrative duties related to law
enforcement. In order to establish the service credit, the member must transfer from IMRF to
the Downstate Police Pension Fund the employee and employer contributions made for that
period of service, the difference between the aforementioned amounts and the amounts that would
have been contributed had such service been rendered in the Downstate Police fund, plus interest
at the Downstate Police fund’s actuarial rate of return, compounded annually, from the date of
service to the date of payment.

SB 3954 (P.A. 102-0871)

Sponsors: Syverson (Keicher)
Passed Senate: 54-0-0
Passed House: 107-0-0

SB 3954 was signed into law as P.A. 102-0871 on May 13, 2022. Under current law, the
Downstate Teacher Article of the Pension Code provides that members who meet the requisite
age and service requirements are entitled to apply for a retirement annuity that shall commence
on a date set forth by the member, provided that the effective date is no earlier than the day
following the last day of creditable service, regardless of the date of official termination of
employment.

SB 3954 makes an exception to the above, stating that the effective date of a retirement annuity
may be after the date of official termination of employment as long as such employment is (1)
less than 10 days in length and (2) less than $2,000 in compensation.

According to the system, this bill is for one employee of a Rockford area school district, and it
is meant to facilitate a retroactive retirement. The employee did not retire immediately after
leaving the district and had done a minimal amount of work for the district in the meantime.

SECTION 8. PENSION LEGISLATION Page 121

TRS says that the person in question had done eLearning work during COVID, and the bill is
intended to allow the teacher the opportunity to attain a retroactive retirement.

SB 3957 (P.A. 102-0872)

Sponsors: Harmon (Davis)

Passed Senate: 54-0-0

Passed House: 107-0-0

SB 3957 was signed into law as P.A. 102-0872 on May 13, 2022. SB 3957 provides that
elections to the board of trustees of the Chicago Teacher Pension Fund shall be held during the
first week of November or as soon as possible thereafter, but not later than the third week of
November.

SB 4000 (P.A. 102-1090)

Sponsors: Hunter (Robinson)

Passed Senate: 54-0-0

Passed House: 106-0-1

SB 4000 was signed into law as P.A. 102-1090 on June 10th, 2022. Under current law, the
Chicago Teacher article of the Pension Code allows annuitants to return to work as a teacher on
a temporary, non-annual basis or on an hourly basis without impairing their retirement status,
subject to certain limitations. For example, a retired teacher's pension shall not be cancelled so
long the person does not work as a teacher for gross compensation for more than 120 days in a
school year, or does not accept gross compensation in that school year in excess of $30,000. SB
4000 provides that the foregoing limitations will sunset on July 1, 2022.

SB 4000 amends the Chicago Teacher article of the Pension Code such that, beginning on or
after July 1, 2022 and before July 1, 2024, the pension of a teacher or administrator shall not be
cancelled in cases where these individuals are re-employed on a temporary and non-annual basis
or hourly basis, so long as the person does not work as a teacher or administrator on more than
140 days in a school year. The bill also provides that for school years beginning on or after July
1, 2024, the pension of a retired teacher shall not be cancelled if the retired teacher is re-
employed as a teacher or administrator on a temporary or non-annual basis or hourly basis, so
long as the retired teacher does not work for more than 120 days in a school year. The bill states
that both of the aforementioned cases of reemployment shall not require active member pension
contributions, nor shall the member accrue service credit in CTPF for such re-employment.

SECTION 8. PENSION LEGISLATION Page 122

SB 4053 (P.A. 102-0884)

Sponsors: Martwick (Hurley)

Passed Senate: 55-0-0

Passed House: 111-0-0

SB 4053 was signed into law on May 13, 2022. The bill amends the Chicago Police and Chicago
Fire Articles of the Pension Code by stating that beginning January 1, 2023, the minimum
widow’s annuity under both articles shall be no less than 150% of the Federal Poverty Level.
Current law sets the minimum at 125% of the FPL for both funds – the current statutory
minimum amount was established by P.A. 99-0905, which took effect on November 30, 2016.
The current FPL for a family of 3 is $21,960 annually. 125% of the FPL for a family of three
is $27,450, while 150% of the FPL would be $32,940 for a family of three.

SECTION 8. PENSION LEGISLATION Page 123

 SERS TIER 2 ALTERNATIVE FORMULA EXPANSION
Public Act 102-0719
House Bill 1568 – Vella (Martwick)

Passed House: 94-5-3

Passed Senate: 42-2-0
House Concurrence: 99-7-5

Effective Date
• May 6, 2022.

Systems Impacted
• SERS

HB 1568 was signed into law as P.A. 102-0719 on May 6, 2022. Prior to P.A. 102-0719, Tier
2 members in the SERS Alternative Formula were able to retire at age 60 with 20 years of
service. P.A. 102-0719 allows the following Tier 2 law enforcement personnel to retire at age
55 with 20 years of service under the Alternative Formula:
• State Police troopers;
• investigators for the Secretary of State;
• Conservation police officers;
• investigators for the Department of Revenue or the Illinois Gaming Board;
• investigators for the Office of the Attorney General; and
• Commerce Commission police officers or arson investigators

Members participating in the SERS Alternative Formula contribute 12.5% of salary towards
their pensions, regardless of tier status. The Act does not change the member contribution
amount.

SECTION 8. PENSION LEGISLATION Page 124

 EXTENSION OF THE VOLUNTARY PENSION BUYOUT PROGRAMS
Public Act 102-0718
House Bill 4292 – Morgan (Martwick)

Passed House: 108-02-0

Passed Senate: 52-01-0

Effective Date
• May 5, 2022.

Systems Impacted
• SERS, SURS, and TRS

2-Year Extension of the Two Voluntary Pension Buyout Programs

P.A. 102-0718 extended the two pension buyout programs by 2 years to June 30, 2026 (the
original enabling legislation is detailed below). Under P.A. 102-0718, eligible members of
SERS, SURS, or TRS may now elect to participate in the pension buyout programs until June
30, 2026. Prior to the Act, the programs were first extended by 3 years by P.A. 101-0010,
effective June 5, 2019, such that the buyout programs were scheduled to sunset on June 30,
2024.

The two voluntary pension buyout programs for SERS, SURS, and TRS were created by P.A.
100-0587 that went into effect on June 4, 2018. A brief summary of each buyout program is
shown below:

• Voluntary Pension Buyout for Vested, Inactive Members (“Total Pension

Buyout”):
An eligible member in SERS, SURS, or TRS may irrevocably elect to receive an
accelerated pension benefit payment equal to 60% of the present value of a member’s
pension benefit in lieu of receiving any pension benefit. An eligible member means a
person who:
o Is an inactive member in a DB plan;
o Has enough age and service credits to receive a retirement annuity (i.e.,
the member has vested for a pension);
o Has not received any retirement annuity; and
o Has not elected the compounded 3% COLA buyout option.

• Voluntary Compounded 3% COLA Buyout for Tier 1 Members:

An eligible member in SERS, SURS, or TRS may irrevocably elect to receive an
accelerated pension benefit payment equal to 70% of the difference between the present
value of the standard Tier One 3% compounded COLA and the present value of a reduced
COLA (simple 1.5%) in exchange for receiving a simple 1.5% COLA. An “eligible
member” means a person who:
o Is a Tier 1 member in a DB plan;
o Has submitted an application for retirement;

SECTION 8. PENSION LEGISLATION Page 125

 o Meets age and service requirements to receive a retirement annuity;
o Has not received any retirement annuity; and
o Has not elected the total pension buyout option.
An Additional $1 Billion of State Pension Obligation Acceleration Bonds
Prior to P.A. 102-0718, the State Pension Obligation Acceleration Bonds of $1 billion were
authorized for the purpose of making the accelerated pension benefit payments to those who
elected to participate in the buyout programs.

This Act authorized the issuance of an additional $1 billion of State Pension Obligation
Acceleration Bonds, allowing a total of $2 billion bonds to be issued for the buyout programs to
reflect the extended window period for the buyout programs.

SECTION 8. PENSION LEGISLATION Page 126

 SECTION 9. STATE
FUNDED RETIREMENT
SYSTEMS
• Unfunded Liabilities
 UNFUNDED LIABILITIES

The chart below documents the change in the unfunded liabilities of all five State systems
combined over the period FY 1996 – FY 2021. FY 1996 was the first year of the funding plan
under P.A. 88-593, or what is commonly referred to as the “1995 pension funding law.” While
the funding plan sets an ultimate goal of reaching a 90% funding ratio by FY 2045, the systems’
unfunded liabilities will continue to grow even if the State makes its statutorily-required
contributions in the coming years as the required state contributions are not sufficient to cover
both the employer portion of the normal cost and the interest on the unfunded liabilities.

As shown in the chart below, the single largest driver of the increase in the unfunded liability
since Fiscal Year 1996 has been actuarially insufficient employer contributions. Other factors
contributing to the growth in the unfunded liability include 1) changes in actuarial assumptions,
2) demographic and other factors, 3) investment losses when compared to the assumed rates of
return, and 4) benefit increases such as the general formula upgrades in the late 1990’s. The
category “demographic and other factors” encompasses miscellaneous actuarial factors such as
rates of termination, disability, and pre-and post-retirement mortality, among other factors. Any
factors that cause the systems’ actuaries to revise their assumptions as a result of an experience
study are included in the “changes in assumptions” category.

CHANGE IN UNFUNDED LIABILITIES OF STATE FUNDED

RETIREMENT SYSTEMS
FY 1996 - FY 2021
($ in Billions)
All figures are based upon the actuarial value of assets.
Total Increase = $121.132 billion

$70
$57.918
$60
$50
$40
$31.811
$30
$18.530
$20 $12.994
$10 $5.795

$0
-$1.006
-$10 -$4.910
-$20 SALARY BENEFIT NEW BUYOUT DEMOGRAPHIC
INVESTMENT EMPLOYER CHANGES IN
INCREASES RETURNS CONTRIBUTIONS INCREASES PROVISIONS ASSUMPTIONS AND OTHERS
(P.A. 100-0587) 1

1
The two voluntary Accelerated Pension Benefit Payment Programs (the pension buyout programs) for TRS, SERS, and SURS were created by
P.A. 100-0587, effective June 4, 2018, and extended by 3 years to June 30, 2024 by P.A. 101-0010, effective June 5, 2019. P.A. 102-0718
extended the programs by 2 additional years to June 30, 2026. Based on the FY 2021 actuarial valuations of the State Systems, a $1 billion
decrease in the liability came from all the Big 3 systems: TRS ($576.4 million), SERS ($404.7 million), and SURS ($24.8 million).

SECTION 9. STATE FUNDED RETIREMENT SYSTEMS Page 129

The chart below shows how actuarial factors affected unfunded liabilities of all five State systems
in FY 2021. Based on the June 30, 2021 actuarial valuations, the combined unfunded liabilities
dropped by $1.1 billion during FY 2021, a 0.8% decrease, compared to FY 2020. The primary
contributor to this improvement was significantly strong investment returns by all the five
systems, which lowered the aggregate unfunded liability by $2.924 billion. This gain alone was
more than enough to offset an actuarial loss of $1.838 billion from actuarially insufficient State
contributions and a $291 million loss from higher-than-assumed salary increases as well as the
net effect of demographic/other factors, which resulted in a $44 million loss.

CHANGE IN UNFUNDED LIABILITIES OF STATE FUNDED

RETIREMENT SYSTEMS
FY 2021
($ in Billions)
All figures are based upon the actuarial value of assets.
Total Decrease = $1.143 billion
$2.5
$2.0 $1.838
$1.5
$1.0
$0.5 $0.291
$0.000 $0.044
$0.0
-$0.5 -$0.213 -$0.180
-$1.0
-$1.5
-$2.0
-$2.5
-$3.0
-$2.924
-$3.5
SALARY INVESTMENT EMPLOYER BENEFIT NEW BUYOUT CHANGES IN DEMOGRAPHIC AND
PROVISIONS C
INCREASES RETURNS CONTRIBUTIONS INCREASES OTHERS 3
(P.A. 100-0587) 1 ASSUMPTIONS 2

1
The two voluntary Accelerated Pension Benefit Payment Programs (the pension buyout programs) were created by P.A. 100-0587 and extended
by 3 years to June 30, 2024 by P.A. 101-0010. Then, P.A. 102-0718 extended the programs by 2 more years to June 30, 2026 – the impact of
P.A. 102-0718 is not captured in this chart. Based on the FY 2021 actuarial valuations of the systems, the aggregate unfunded liability decreased
by $213.4 million in FY 2021 due to the buyout programs, coming from TRS and SURS. TRS reported the liability reduction of $195.5 million,
and SURS estimated a $17.9 million decrease in the liability. SERS did not report a reduction in actuarial liabilities in FY 2021 due to the
buyout programs, although the system indicates that an unspecified actuarial reduction will be reported in its FY 2022 valuation.
2
The combined liability decreased by $180 million due to the net effect of actuarial assumption changes by the big 3 systems, TRS, SERS, and
SURS. Actuarial gains from TRS and SERS offset an actuarial loss from SURS. These assumption changes will be detailed further in the
forthcoming Report on the Financial Condition of the State Retirement Systems.
3
The combined liability increased by $44.2 million due to the net effect of demographic and other factors. An actuarial gain of $46.2 million
from SERS was offset by actuarial losses from the other 4 systems.

SECTION 9. STATE FUNDED RETIREMENT SYSTEMS Page 130

There were two other small gains that also helped reduce the aggregate unfunded liability: buyout
programs and assumption changes. These two small actuarial gains decreased the unfunded
liability by $392.9 million. Of this amount, a $213.4 million gain came from the effect of the
buyout programs by TRS and SURS. Based on the FY 2021 actuarial valuations of the systems,
in FY 2021, TRS reported a favorable buyout experience of $195.5 million and SURS estimated
a reduction of $17.9 million in the liability due to the buyout programs. SERS did not report a
reduction in actuarial liabilities in FY 2021 due to the buyout programs, although the system
indicates that an unspecified actuarial reduction will be reported in its FY 2022 valuation.

The following chart shows a brief history of changes in the investment rate assumption for each
of the State-funded systems. Only one system, SURS, reduced its assumed rate of return to
6.50% from 6.75% in FY 2021 while the other four systems kept their respective investment
return assumption rates the same.

Historical Change in Investment Rate Assumptions

System 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
TRS 8.50% 8.00% 7.50% 7.00%
SERS 7.75% 7.25% 7.00% 6.75%
SURS 7.75% 7.25% 6.75% 6.50%
JARS 7.00% 6.75% 6.50%
GARS 7.00% 6.75% 6.50%
NOTE: The years associated with investment rate assumption changes above reflect the actuarial valuation year, not the fiscal year in which the State
contribution was calculated using the new rate.

SECTION 9. STATE FUNDED RETIREMENT SYSTEMS Page 131

The chart below shows a 15-year history of the cumulative unfunded State pension liability. The
combined liability has grown significantly over the past 15 years from $42.2 billion in FY 2007
to $129.7 billion in FY 2021 although a significant improvement was seen in FY 2021.

STATE RETIREMENT SYSTEMS COMBINED

UNFUNDED LIABILITY HISTORY
FY 2007 - FY 2021
($ in Billions)
All figures based upon the market value of assets.

$160

$144.2
$137.2
$140 $133.5
$129.8 $129.1 $129.7

$120
$111.0
$104.6
$100 $96.8 $97.5
$85.6
$83.1
$80
$77.8

$60 $54.4
$42.2
$40

$20

$0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

SECTION 9. STATE FUNDED RETIREMENT SYSTEMS Page 132

The chart below captures the major historical legislative enactments, actuarial changes and
economic occurrences that affected the combined unfunded liability of the State Systems from
FY 1990 to FY 2021

CAUSES OF MAJOR CHANGES IN UNFUNDED LIABILITY

STATE RETIRMENT SYSTEMS COMBINED
FY 1990 - FY 2021

FY 2010
Changes in Actuarial Assumptions
+ $5.209 Billion FY 2012
SERS & SURS: Change in Changes in Actuarial Assumptions
FY 1990
Investment Rate
Benefit Increases + $4.625 Billion
+ $1.306 Billion TRS Experience Study: Change in
Investment Rate
Introduction of Compounded
COLA's
FY 2008
Investment Returns
+ $9.312 Billion
FY 2014
2008 Stock Market Meltdown
FY 1997 Changes in Actuarial Assumptions
Changes in Actuarial
+ $11.107 Billion
Assumptions
Reduction in Investment Rate
- $6.629 Billion
Assumptions
Changes in the Valuation of
Assets from Book Value to FY 2007
Market Value1.7
Changes in Actuarial
Assumptions
+ $2.735 Billion FY 2016
TRS Experience Study: Rates of Changes in Actuarial
Mortality &Rates of Retirement Assumptions
FY 1998
Benefit Increases + $9.669 Billion
+ $2.25 Billion TRS, SERS, JRS & GRS: Reduction
in Investment Rate Assumptions
TRS, SURS & SERS Formula
Upgrades
FY 2005
Other Factors
+ $2.048 Billion
FY 2018 - FY 2021
Implementation of TRS Modified Vested Inactive & Retiree COLA
FY 2001 ERO via P.A. 94-0004 Buyout Programs for TRS, SERS and
SURS (P.A. 100-0587 & 101-0010 &
Investment Returns 102-0718)
+ $6.599 Billion - $1.0 billion
Post Dot-Com Bubble Recession TRS, SERS & SURS: the liability
reductions from Participation in
FY 2004 the Buyout Programs
Employer Contributions
- $4.69 Billion
2003 POB Proceeds
FY 2003
FY 2021
Benefit Increases
Investment Returns
+ $2.425 Billion
- $2.924 Billion
ERI Under Governor Ryan
FY 2021 Strong Investment
Returns from All Five Systems

SECTION 9. STATE FUNDED RETIREMENT SYSTEMS Page 133

 SECTION 10. DEBT OF
THE STATE OF ILLINOIS
• Illinois Bonds at a Glance
• MLF Borrowing
• Short-term Borrowing
• Bond Sales
• Pension Obligations Bonds
• Bond Authorization and Appropriated Amounts
• Bond Rating Agencies Commentary
• Illinois’ Credit Ratings
 ILLINOIS BONDS AT A GLANCE
($ in millions)
FY 2021 FY 2022 $ Change % Change FY 2023 $ Change % Change
Bond Sales* actual actual estimate
General Obligation $1,850.0 $1,325.0 -$525.0 -28.4% $2,712.0 $1,387.0 104.7%
Revenue $0.0 $350.0 $350.0 100.0% $700.0 $350.0 100.0%
Total $1,850.0 $1,675.0 -$175.0 -9.5% $3,412.0 $1,737.0 103.7%
Outstanding Principal
General Obligation $27,656.7 $27,054.0 -$602.7 -2.2% $27,747.0 $693.0 2.6%
Revenue $1,941.2 $2,246.0 $304.8 15.7% $2,747.0 $501.0 22.3%
Total $29,597.9 $29,300.0 -$297.9 -1.0% $30,494.0 $1,194.0 4.1%
Debt Service**
General Obligation $3,200.7 $3,309.4 $108.7 3.4% $3,569.2 $259.8 7.9%
Revenue 258.7 $287.0 $28.3 10.9% $342.0 $55.0 19.2%
Total $3,459.4 $3,596.4 $137.0 4.0% $3,911.2 $314.8 8.8%
Source: Illinois State Budget Fiscal Year 2023

General Revenues*** $44,852.0 $50,334.0 $5,482.0 12.2% $46,429.0 -$3,905.0 -7.8%

G.O. & Revenue

Debt Service as %
General Revenues 7.71% 7.15% 8.42%

GO Bond Rating
Moody's Baa2 Baa1
Standard & Poor's BBB BBB+
Fitch BBB - BBB+
Note: Bond Sales do not include refunding sales or Short-term borrowing.
* FY 2023 Bond Sales are estimates by GOMB from the FY 2023 Budget Book.
** FY 2023 Debt Service amounts are CGFA estimates.
*** FY 2023 General Revenues amounts are the assumed revenue estimated under the enacted FY 2023 budget (April
2022).

In FY 2022, the State sold $1.675 billion in bonds, which included $1.052 billion in General
Obligation bonds for the State’s capital programs, $273 million of Pension Obligation
Acceleration Bonds, and $350 million of Build Illinois bonds.

In FY 2023, the Governor’s Budget estimates the sale of $3.412 billion in bonds, including
$2.597 billion in General Obligation bonds for capital projects, $115 million of Pension
Obligation Acceleration Bonds, and $700 million of Build Illinois bonds.

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 137

 MLF BORROWING

The Municipal Liquidity Facility (MLF) was established under Section 13(3) of the Federal
Reserve Act, with approval of the Treasury Secretary, under the Coronavirus Aid, Relief, and
Economic Security (CARES) Act enacted in March 2020. The MLF was allowed to buy up to
$500 billion in debt from state and local governments affected by the COVID-19 pandemic. The
MLF would have allowed Illinois to borrow up to $9.677 billion, through December 31, 2020,
with up to a 3-year maturity, through negotiated or competitive sale. Illinois passed Public Act
101-630 which created the Coronavirus Urgent Remediation Emergency (CURE) Borrowing
Act, allowing the State to borrow from Federal programs related to COVID-19 in an amount up
to $5 billion outstanding at one time, with a 10-year maturity, through negotiated (in FY 2020
& FY 2021) or competitive sale.

The June 2020 $1.2 billion GO Certificates were sold with an interest rate of 3.82% to be used
to pay for Medicaid-related vouchers. The interest rate was lowered by the Municipal Liquidity
Facility to 3.36% on August 27, 2020, when the Federal Reserve decided to lower the rates to
the users of the facility and retroactively fixed the rate for Illinois. The original interest of $45.8
million was lowered to approximately $33 million. The final pay-off date was June 5, 2021.
The State made early payments starting in November 2020, with $1.209 billion from GRF and
$23.8 million from federal Coronavirus Relief Funds.

REPAYMENT OF JUNE 2020 CERTIFICATES

Redemption date Principal Accrued Interest Total
11/30/2020 $ 196,580,000 $ 3,416,779 $ 199,996,779
12/30/2020 $ 78,420,000 $ 1,582,603 $ 80,002,603
1/26/2021 $ 80,000,000 $ 1,808,622 $ 81,808,622
3/23/2021 $ 145,000,000 $ 4,049,528 $ 149,049,528
4/13/2021 $ 300,000,000 $ 8,938,333 $ 308,938,333
5/11/2021 $ 250,000,000 $ 8,101,944 $ 258,101,944
6/7/2021 $ 150,000,000 $ 5,197,167 $ 155,197,167
Total $ 1,200,000,000 $ 33,094,976 $ 1,233,094,976
Source: GOMB 5/28/2021

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 138

Illinois borrowed $2 billion from the Federal Reserve’s MLF on December 17, 2020. The
borrowing received a 3.42% rate and had a 3-year maturity (to be paid off by December 2023).
The proceeds were used for the payment of Medicaid-related bills which generated approximately
$1 billion dollars in federal matching funds.

The MLF guidelines allowed for sellers to pay off the debt early which would affect the amount
of interest to be paid. Although Illinois will receive $8.1 billion from the American Rescue Plan
(originally expected to be $7.5 billion), the initial rules restrict the funds from being used to pay
debt service on borrowing. Due to better-than-expected revenues, the $2 billion in debt was paid
off entirely in January 2022. Paying off the debt almost two years early saved the State
approximately $82 million in interest payments.

PLANNED REPAYMENT OF DECEMBER 2020 CERTIFICATES

Redemption date Principal Accrued Interest Total
12/15/2021 $ 666,670,000 $ 22,673,447 $ 689,343,447
12/15/2022 $ 666,665,000 $ 45,473,220 $ 712,138,220
12/15/2023 $ 666,665,000 $ 68,273,163 $ 734,938,163
Total $ 2,000,000,000 $ 136,419,829 $ 2,136,419,829
Source: GOMB 1/10/2022

ACTUAL REPAYMENT OF DECEMBER 2020 CERTIFICATES

Redemption date Principal Accrued Interest Total
6/17/2021 $ 189,420,000 $ 3,239,082 $ 192,659,082
6/23/2021 $ 186,700,000 $ 3,298,989 $ 189,998,989
6/29/2021 $ 117,850,000 $ 2,149,584 $ 119,999,584
6/30/2021 $ 93,290,000 $ 1,710,472 $ 95,000,472
7/6/2021 $ 397,485,000 $ 7,514,454 $ 404,999,454
11/12/2021 $ 145,505,000 $ 4,492,467 $ 149,997,467
12/21/2021 $ 96,660,000 $ 3,342,503 $ 100,002,503
1/18/2022 $ 482,090,000 $ 17,907,233 $ 499,997,233
1/26/2022 $ 291,000,000 $ 11,030,355 $ 302,030,355
Total $ 2,000,000,000 $ 54,685,139 $ 2,054,685,139
Source: GOMB 1/10/2022

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 139

 SHORT-TERM BORROWING

The State can borrow up to 5% of the State’s appropriations for the fiscal year, for cash flow
purposes, but it must be repaid by the end of that fiscal year. The State can also use short-term
borrowing for a deficit due to emergencies or failure of revenues for up to 15% of the State’s
appropriations for the fiscal year which must be repaid within one year.

The State’s June 2020 $1.2 billion borrowing from the Municipal Liquidity Facility was
considered Short-Term borrowing under the Short-Term Borrowing Act. The December 2020
$2 billion borrowing from the MLF was for three years, and was borrowed under the State’s
CURE Borrowing Act. A History of the State’s Short-Term Borrowing is shown in the table on
the following page.

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 140

 HISTORY OF SHORT-TERM BORROWING ACT
Amount
Date Issued Date Retired Purpose (millions)
June-July 1983 May 1984 To maintain adequate cash balances caused by revenue shortfalls $200
February 1987 February 1988* To improve the cash position of the General Funds $100
August 1991 June 1992 For cash flow purposes $185
To pay Medicaid providers through the Medicaid Developmentally Disabled $500
February 1992 October 1992* Provider Participation Fee, Medicaid Long-Term Care Provider Participation
Fee, and Hospital Services Trust Funds
August 1992 May 1993 To improve payment cycle to Medicaid service providers $600
October 1992 June 1993 For cash flow purposes $300
For cash flow to pay Medicaid service providers through the Hospital $900
August 1993 June 1994
Provider Fund
To pay Medicaid service providers through the Long-Term Care and Hospital $687
August 1994 June 1995
Provider Funds
To GRF for cash flow and payment to Medicaid service providers through $500
August 1995 June 1996 the Long-Term Care Provider Fund and Hospital Provider Fund

For Cash Flow; payments for medical assistance; to medical providers for $1,000
July 2002 June 2003
long-term care; Income Tax Refunds
For Cash Flow; payments for medical assistance; to medical providers for $1,500
May 2003 May 2004* long-term care; for Income Tax Refunds; for State Aid to K-12 school
districts
For Medicaid service providers and the Children’s Health Insurance Program $850
June 2004 October 2004*
For Cash Flow; for payments to Medicaid Service Providers through the $765
March 2005 June 2005
Hospital Provider Fund.
For Cash Flow; for payments for Medicaid and the Children’s Health $1,000
November 2005 June 2006
Insurance Program.
For the Hospital Provider Assessment Tax Program; health care related $900
February 2007 June 2007
funds; General Revenue Fund liquidity.
For the Hospital Provider Assessment Tax Program; health care related $1,200
September 2007 November 2007
funds; General Revenue Fund liquidity.
For the Hospital Provider Assessment Tax Program; health care related $1,200
April 2008 June 2008
funds; General Revenue Fund liquidity.
December 2008 June 2009 To relieve General Revenue Fund cash flow pressures. $1,400
May 2009 May 2010* Failure of Revenues $1,000
August 2009 June 2010 Failure of Revenues $1,250
July 2010 June 2011 Failure of Revenues $1,300
Failure of Revenues - Borrowed through the Federal Reserve's Municipal $1,198
June 2020 June 2021* Liquidity Facility due to COVID-19 shutdown effect on State revenues, for
Medicaid-related vouchers.
*Across fiscal year borrowing
NOTE: Hospital Assessment conduit financings were issued to provide liquidity to the State's Hospital Provider Fund to make
supplemental payments to certain hospitals pursuant to the federally-approved Medicaid State Plan.

CORONAVIRUS URGENT REMEDIATION EMERCENCY BORROWING ACT

Failure of Revenues - Borrowed through the Federal Reserve's Municipal $2,000
December 2020 December 2023^ Liquidity Facility due to COVID-19 shutdown effect on State revenues, for
Medicaid-related vouchers.
^ The December 2020 Notes were not issued under the Short-Term Borrowing Act, but were borrowed under the State's CURE Act,
which allowed the State to borrow from Federal Programs, such as the Municipal Liquidity Facility, up to $5 billion dollars outstanding at
one time with a 10-year maturity through negotiated (in FY 2020-FY2021) or competitive sale to meet failures of revenue and increases in
expenditures from the COVID-19 pandemic.
Source: Governor's Office of Management & Budget

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 141

 BOND SALES

STATE-ISSUED BOND SALES

TAXABLE v. NEGOTIATED v. TRUE
DATE BOND SALE TYPE AMOUNT TAX- COMPETITIVE INTEREST S&P FITCH MOODY’S KROLL
EXEMPT SALE COST

FY 2020
all in TIC
Nov-19 General Obligation November 2019A/B/C $750 million tax-exempt competitive BBB BBB- Baa3
3.4578%
all in TIC
May-20 General Obligation May 2020 $800 million tax-exempt negotiated BBB- BBB- Baa3
5.83%
3.36%
Jun-20 General Obligation Certificates (MLF) $1.2 billion tax-exempt negotiated BBB- BBB- Baa3
adjusted
FY 2021
Oct-20 General Obligation October 2020 A $125 million taxable competitive 2.83% BBB- BBB- Baa3
Oct-20 General Obligation October 2020 B $325 million tax-exempt competitive 3.71% BBB- BBB- Baa3
Oct-20 General Obligation October 2020 C $300 million tax-exempt competitive 4.32% BBB- BBB- Baa3
Oct-20 General Obligation October 2020 D $100 million tax-exempt competitive 2.15% BBB- BBB- Baa3
Dec-20 General Obligation Notes (MLF) $2.0 billion tax-exempt negotiated 3.42% BBB- BBB- Baa3
Mar-21 General Obligation March 2021A $850 million tax-exempt negotiated BBB- BBB- Baa3
Mar-21 General Obligation March 2021B $150 million tax-exempt negotiated 2.90% BBB- BBB- Baa3
Mar-21 General Obligation Refunding March 2021C $258 million tax-exempt negotiated BBB- BBB- Baa3
FY 2022
Sep-21 Build Illinois Septemer 2021A $130 million tax-exempt competitive 1.31% BBB+ BBB+ Baa2 AA+
Sep-21 Build Illinois Septemer 2021B $220 million taxable negotiated 2.72% BBB+ BBB+ Baa2 AA+
Sep-21 Build Illinois Septemer 2021C refunding $143 million tax-exempt negotiated 1.25% BBB+ BBB+ Baa2 AA+
Dec-21 General Obligation December 2021A $200 million tax-exempt competitive 1.30% BBB BBB- Baa2
Dec-21 General Obligation December 2021B $200 million tax-exempt competitive 2.50% BBB BBB- Baa2
May-22 General Obligation June 2022A $925 million tax-exempt negotiated BBB+ BBB+ Baa1
4.64%
May-22 General Obligation June 2022B refunding $713 million tax-exempt negotiated aggregated BBB+ BBB+ Baa1

Illinois sold $1.638 billion in General Obligation bonds in May of 2022. The negotiated, tax-
exempt bonds were repriced due to being three times oversubscribed, with over $5 billion in
orders and interest from over 90 different investors. The bonds were sold in two series, with
the $925 million of June 2022A series proceeds going to capital projects under the Rebuild
Illinois program and for funding for the pension acceleration buyout program. The June 2022B
series of $713 million are refunding bonds expected to give the State $21.9 million in savings.
The aggregate true interest cost was 4.64%. [Press Statement, Paul Chatalas, Director of Capital
Markets, State of Illinois.]

“Municipals were mixed in secondary trading as large general obligation bond offerings from
Illinois and New York City took the focus and saw yields lowered in repricings. U.S. Treasuries
were better in a risk-off rally with the biggest gains 10 years and out while equities saw massive
losses… The market is dealing with ‘a new round of headwinds with a large new-issue calendar
and ongoing heavy bids lists — creating yield clog and setting new levels across the curve,’ said
Kim Olsan, senior vice president at FHN Financial…

“Illinois’ GO offering brought recalibrated couponing on the long end to 5.50%, up from 5.25%
and a contrast to the state’s March 2021 pricing when the maximum coupon was 5% in longer

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 142

maturities, Olsan noted. While some of the best opportunities are available to buyers currently,
she said sellers are ‘finding new yield ranges are required for orderly placement.’ Upcoming
issuance, she said, can be expected ‘to see tailor-made structures come into play while the rate
and inflation outlooks remain volatile’.” [Munis mixed as Ill., NYC price; ICI reports largest
outflow of 2022, by Jessica Lerner and Lynne Funk, The Bond Buyer, May 18, 2022.]

On December 1, 2021, Illinois sold $400 million of General Obligation bonds competitively.
Series of December 2021A received 12 bids and 2021B received 10 bids. The true interest costs
were 1.299% and 2.495% respectively. “In the 10-year maturity, the winning bid has a credit
spread of +54 basis points to the tax-exempt benchmark with a 5 percent coupon, a 66 basis
point improvement from the State’s GO March 2021 sale and a 214 basis point improvement
from the State’s GO October 2020 sale. The State’s continued improving credit and strong
investor demand allowed the State to lock in an extremely attractive overall borrowing rate of
2.15% on a bond issue that has a 20-year final maturity…Approximately $175 million of the
bonds will help finance the state’s ongoing accelerated pension benefit buyout program. The
remaining proceeds, after cost of issuance, will fund ongoing construction projects, largely for
Rebuild Illinois, the state’s $45 billion capital program.” [SOURCE: Strong Bids, Large
Participation, Low Rates in General Obligation Bond Competitive Sale, Paul Chatalas, Director
of Capital Markets, State of Illinois, Dec. 1, 2021 press release.]

The State competitively sold $130 million of tax-exempt Build Illinois bonds, Series A, on
August 24, 2021, for capital projects funding. The 10-year of these bonds had a 4% coupon and
was 39 basis points above the AAA benchmark with a true interest cost of 1.31%. [Primary the
Focus; Illinois spreads tighten further, The Bond Buyer, By Lynne Funk, Gary Siegel, Christine
Albano, August 24, 2021]

On September 15, 2021, Illinois sold $220 million of Series B taxable bonds for new projects
with a true interest cost of 2.72%. The Series C bonds sold were tax-exempt refunding bonds
for $143 million with the true interest cost of 1.25% and present value savings of $45.6 million.
“…the buy side takes a nearer-term view and has rewarded the state for its flood of federal relief,
a rebounding economy, and its management of the COVID-19 pandemic’s early wounds and
that’s reflected in a steep narrowing of spreads for the Build Illinois bonds that benefit from
stealth coverage from sales taxes and its general obligation paper…

“The 10-year in this week's deal landed at a 1.38% yield with a 5% coupon, a 45 basis point
spread to the Municipal Market Data’s AAA benchmark. The 10-year in the Aug. 24 sale with
a 4% coupon settled at a 40 bp spread and 1.28% yield…. The tax-exempt spreads this year are
closer to those seen on deals before 2018 when the bonds carried high-grade ratings before
revised rating criteria and the state’s falling GO ratings dragged down the sales tax credit,

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 143

underscoring the longstanding penalties imposed by buyers on the Illinois name.” [Illinois reaps
first market benefits of ratings upswing, The Bond Buyer, By Yvette Shields, September 16,
2021]

“The state last sold Build Illinois bonds in 2018…One 10-year bond in the deal, which was
boosted by Build America Mutual insurance, landed at a 75 basis point spread to the Municipal
Market Data’s AAA benchmark and has been trading at a 45 bp spread, according to Refinitiv
MMD. An uninsured 10-year landed at an 89 bp spread and recently traded at a 47 bp spread.

“The state’s 10-year GO is trading at a 58 basis point spread to the AAA benchmark and the
yield of 1.46% is three basis point narrower than the BBB benchmark. The state’s GOs started
the year at a 197 bp spread. The state’s 10-year in a March outing landed at a 120 bp spread to
the AAA.” [Illinois sets first bond sales after rating upgrades, The Bond Buyer, By Yvette
Shields, August 16, 2021]

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 144

 PENSION OBLIGATION BONDS

The State sold three sets of Pension Obligation Bonds to pay State pension payments and, in the
case of the 2003 bonds, to also put funds into the five State pension systems. The FY 2010 and
FY 2011 Pension Obligation bonds have been repaid. The FY 2003 Pension Obligation bonds
were a 30-year bond, which will not be paid off until FY 2033.

Pension Acceleration Bonds are sold to pay for employees taking an accelerated retirement
payment. The bond authorization level for these bonds was increased from $1 billion to $2
billion in P.A. 102-0718. The State has sold six series of Pension Acceleration Bonds equaling
$1.01 billion in bonds:
FY 2019 = $300 million
FY 2020 = $225 million
FY 2021 = $212 million
FY 2022 = $273 million

The table below shows the total debt service remaining on outstanding Pension Obligation and
Pension Acceleration bonds.

REMAINING COMBINED DEBT SERVICE OF PENSION OBLIGATION AND PENSION ACCELERATION BONDS
$10COMBINED
Billion DEBT
$300SERVICE
Million OF PENSION
$225 Million
OBLIGATION
$125 Million
BONDS AND NOTES
$87 Million $148 Million $125 Million COMBINED
2003 2019 2020 Oct 2020 Mar 2021 Dec 2021 Jun 2022
Fiscal Year Grand Total
POB Total PAB Total PAB Total PAB Total PAB Total PAB Total PAB Total
FY 2022 $749,800,000 $27,096,000 20,970,000 16,443,900 7,419,883 3,063,968 $824,793,751
FY 2023 $783,712,500 $26,646,000 20,508,750 16,194,900 7,514,882 13,845,125 9,856,944 $878,279,101
FY 2024 $840,150,000 $26,166,000 20,025,000 15,889,500 7,340,926 13,475,875 11,250,000 $934,297,301
FY 2025 $892,200,000 $25,662,000 19,530,000 15,530,700 7,166,971 13,106,625 11,000,000 $984,196,296
FY 2026 $915,425,000 $25,122,000 19,035,000 8,234,900 6,993,015 12,737,375 10,750,000 $998,297,290
FY 2027 $936,100,000 $24,552,000 18,540,000 6,637,500 6,819,060 12,368,125 10,500,000 $1,015,516,685
FY 2028 $979,225,000 $23,952,000 18,045,000 6,457,500 6,645,104 11,998,875 10,250,000 $1,056,573,479
FY 2029 $1,018,525,000 $23,328,000 17,550,000 6,277,500 6,471,148 11,629,625 10,000,000 $1,093,781,273
FY 2030 $1,079,000,000 $22,680,000 17,055,000 6,097,500 6,297,193 11,260,375 9,750,000 $1,152,140,068
FY 2031 $1,134,375,000 $22,008,000 16,560,000 5,917,500 6,123,237 10,891,125 9,500,000 $1,205,374,862
FY 2032 $1,159,650,000 $21,324,000 16,065,000 5,737,500 5,949,282 10,521,875 9,250,000 $1,228,497,657
FY 2033 $1,156,100,000 $20,628,000 15,570,000 5,575,500 5,775,326 10,152,625 9,000,000 $1,222,801,451
FY 2034 $19,920,000 15,075,000 5,431,500 5,601,370 9,778,500 8,750,000 $64,556,370
FY 2035 $19,200,000 14,580,000 5,287,500 5,427,415 9,446,400 8,500,000 $62,441,315
FY 2036 $18,480,000 14,085,000 5,143,500 5,253,459 9,151,200 8,250,000 $60,363,159
FY 2037 $17,760,000 13,590,000 4,997,250 5,079,504 8,856,000 8,000,000 $58,282,754
FY 2038 $17,040,000 13,095,000 4,851,000 4,905,548 8,560,800 7,737,500 $56,189,848
FY 2039 $16,320,000 12,600,000 4,707,000 4,766,383 8,265,600 7,475,000 $54,133,983
FY 2040 $15,600,000 12,105,000 4,563,000 4,627,219 7,970,400 7,200,000 $52,065,619
FY 2041 $14,880,000 11,587,500 4,419,000 4,488,054 7,712,100 6,925,000 $50,011,654
FY 2042 $14,160,000 11,070,000 4,275,000 4,348,890 7,490,700 6,650,000 $47,994,590
FY 2043 $13,440,000 10,552,500 4,131,000 4,174,934 6,375,000 $38,673,434
FY 2044 $12,720,000 10,035,000 3,982,500 4,000,979 6,100,000 $36,838,479
FY 2045 9,517,500 3,829,500 3,827,023 5,825,000 $22,999,023
FY 2046 3,676,500 3,653,068 5,550,000 $12,879,568
FY 2047 5,275,000 $5,275,000
TOTAL $11,644,262,500 $468,684,000 $367,346,250 $174,288,650 $140,669,873 $212,283,293 $209,719,444 $13,217,254,010
PA 93-0002 PA 100-0587 PA 100-0587 PA 100-0587 PA 100-0587 PA 100-0587 PA 102-0718
TIC =5.047% TIC =5.741% TIC =5.818% TIC = 3.948% * TIC =2.90% TIC =2.154% TIC =4.64% *
30-yr maturity 25-yr maturity 25-yr maturity 25-yr maturity 25-yr maturity 20-yr maturity 25-yr maturity
* Aggregated.

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 145

 BOND AUTHORIZATION AND APPROPRIATED AMOUNTS

The table below shows the status of authorization levels for each category of G.O. bonds and for
State-issued revenue bonds. General Obligation capital projects total authorization is $51.5
billion, with approximately $20.8 billion remaining unissued as of May 31, 2022. Pension
Acceleration bond authorization available as of the end of May was $1.115 billion. Income Tax
Bonds have remaining authorization of $1.2 billion. Build Illinois Bonds have available
authorization of $3.334 billion.

STATUS OF G.O. AND STATE-ISSUED REVENUE BONDS

as of May 31, 2022
($ in billions) Authorization Un-Issued Appropriated† Available after Over*
appropriations Committed
Capital Facilities $18.580 $8.865 $18.571 $0.009 $0.207
School Construction $4.824 $0.502 $4.856 -$0.032 $0.092
Anti-Pollution $0.818 $0.185 $0.789 $0.030 $0.016
Transportation A $11.921 $5.327 $12.038 -$0.117 $0.172
Transportation B $5.966 $1.448 $5.704 $0.263
Transportation D $4.660 $0.266 $4.719 -$0.059 $0.059
Transportation E Mutimodal $4.500 $4.159 $4.587 -$0.087 $0.044
Coal & Energy Development $0.243 $0.089 $0.148 $0.095
SUBTOTAL $51.514 $20.841 $51.411 $0.103 $0.589
Pension bonds $17.562 $0.396 $17.166 $0.396
Pension Acceleration Bonds $2.000 $1.115 $0.941 $1.059
Medicaid Funding Series $0.250 $0.004 $0.246 $0.004
Income Tax Bonds $7.200 $1.200 $6.000 $1.200
TOTAL $78.526 $23.556 $75.764 $2.762 $0.589
Limit Un-Issued Principal Available Over
Outstanding Committed
G.O. Refunding° $4.839 $2.387 $2.452 $2.387
Authorization Un-Issued Appropriated† Available after Over*
appropriations Committed
Build Illinois $9.485 $3.334 $12.057 -$2.572 $2.573
Limit Un-Issued Principal Available Over
Outstanding Committed
Build IL Refunding Unlimited Unlimited $0.690 Unlimited
Based on the Office of the Comptroller's “Recap of General and Special Obligation Bonded Indebtedness and
Update of Comparisons of General and Special Obligation Bond Activity”.
†Includes appropriations up through FY 2022.
*Over Committed amounts come from specific line items under each Category in Statute that have higher
appropriations than authorization. Does not include bond sale expenses.
°Refunding is limited only by how much is outstanding at one time. As principal amounts are paid off, those
amounts become available for future refundings.
Note: Excludes bond premiums and expenses related to bond sales.

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 146

 BOND RATING AGENCIES COMMENTARY

STATE BOND RATINGS UPGRADES

In the Spring of 2022, all three rating agencies upgraded Illinois to the BBB+/Baa1 level. In
May of 2022, Fitch raised Illinois General Obligation ratings two levels from BBB- to BBB+,
and Build Illinois ratings two levels from BBB+ to A, with stable outlooks. Standard and Poor’s
raised Illinois General Obligation ratings to BBB+ from BBB, and Build Illinois ratings from
BBB+ to A-, with stable outlooks. This is the second upgrade from S&P in a year, with the
last upgrade occurring in July of 2021. This comes on the heels of a second upgrade from
Moody’s to Baa1 for GO and Build Illinois ratings in April 2022. Moody’s had increased ratings
one level in the summer of 2021. This puts Illinois just below the single A level, where it has
not been since June of 2016. In their assessments, all three rating agencies explained their
decisions were based on Illinois’ improved revenues and federal funding, and the State’s early
budget, which paid down borrowing and late bills, and additional funding to pensions and the
rainy day fund.

FITCH General Obligation BBB+; outlook stable

“The upgrade to 'BBB+' reflects fundamental improvements in Illinois' fiscal resilience

including full unwinding of pandemic-era and certain pre-pandemic non-recurring fiscal
measures, meaningful contributions to reserves and sustained evidence of more normal fiscal
decision-making. The 'BBB+' IDR (Issuer Default Rating) also reflects the state's elevated long-
term liability position and resulting spending pressure, as well as a long record of structural
imbalance primarily related to pension underfunding. Illinois' deep and diverse economy is only
slowly growing, but still provides a strong fundamental context for its credit profile.

“The Build Illinois bonds' 'A' ratings reflect Fitch's view that pledged state sales tax deposits
will grow with inflation. The security structures can withstand a substantial level of decline and
still maintain sum-sufficient debt service coverage. However, Fitch caps the ratings on the Build
Illinois bonds at two notches above the state's 'BBB+' IDR based on our assessment of security-
specific considerations. This is below our assessment of the underlying credit quality of the
dedicated tax bonds.

“With operating expenditures generally in line with the enacted budget, the state was able to
direct the revenue surplus for the current year towards paying down liabilities including the
remainder of its federal Municipal Liquidity Facility (MLF) loans ($1 billion), outstanding
interfund borrowings ($929 million - most of which was incurred pre-pandemic) and

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 147

longstanding unpaid health insurance bills for employee and retiree healthcare ($898 million,
also incurred pre-pandemic). Additional measures taken include paydown of a liability for the
College Illinois program, a contribution to the state's budget stabilization fund and primarily
one-time tax relief measures…” [Fitch Upgrades Illinois IDR to ‘BBB+’ and Rates $1.8B GO
Bonds ‘BBB+’; Outlook Stable, Fitch Ratings, May 5, 2022]

S&P General Obligation BBB+; outlook stable

“The upgrade reflects our view that Illinois' enacted $46 billion fiscal 2023 budget, along with
the state's plans for using fiscal 2022 surplus revenues and deploying federal aid, will likely
support its trend of financial stability. The state enacted the fiscal 2023 budget in April, well
ahead of the July 1 fiscal year start. This continues the trend of on-time consensus budgeting, a
credit feature we consider to have improved following the budget impasses in the previous
decade. Favorable state credit elements within this budget include fully funding the $9.6 billion
pension system contributions, a $200 million contribution to a pension stabilization fund, and
$309 million for the state share of the Chicago teachers pension system, as well as a $312 million
proposed contribution by fiscal year-end to the budget stabilization fund (BSF) that would
increase the fund balance to more than $1 billion or 2.2% of the fiscal 2023 budget, and also
dedicating a component of cannabis revenue as a permanent stream to further build the fund.

“If the state continues to improve pension, other postemployment benefits, and BSF funding
levels, while shrinking the statutorily created structural deficit without experiencing meaningful
deterioration in other credit factors, we could raise the rating. Although not required for us to
consider an upgrade, a return to a more abbreviated audit-release period would be in line with
that of higher-rated peers.” [Illinois GO Debt Rating Raised To ‘BBB+’ From ‘BBB’ On
Improved Finances, Pension Funding Measures, S&P Global Ratings, May 6, 2022]

Moody’s General Obligation Baa1; outlook stable

“The upgrade to Baa1 reflects the state's solid tax revenue growth over the past year, which
expanded its capacity to rebuild financial reserves and increase payments towards unfunded
liabilities. The state is on track to close the current fiscal 2022 with its strongest fund balance in
over a decade, which is net of complete repayment of borrowing from the US Federal Reserve's
Municipal Liquidity Facility and reflects continued progress towards paying down accounts
payable. The state is also increasing pension contributions, indicating increased commitment to
paying its single-largest long-term liability.

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 148

“The rating balances the state's recent financial progress with underlying challenges that will
remain in place for some time. These challenges include heavy long-term liability and fixed cost
burdens that constrain the state's financial flexibility and contribute to a weak financial position
compared to other states, despite the recent improvement in fund balance. Moreover, the Illinois
economy has for the past decade expanded at a slower pace than most states and will likely
continue to do so given a weak population trend.

“The stable outlook balances the financial progress being made by the state with the uncertainty
of the present economic climate. The state's lean financial reserves, and heavy long-term liability
and fixed cost burdens make it more vulnerable than other states to a negative shift in the national
or global economy, which presently limits the probability of further rating improvement.”
[Moody's upgrades the State of Illinois to Baa1; outlook stable, Moody’s Investor Service, 21
April 2022]

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 149

 ILLINOIS’ CREDIT RATINGS

ILLINOIS' GENERAL OBLIGIATION BOND RATINGS HISTORY

Date of Fitch S&P Moody's
Rating Action Rating up/down Rating up/down Rating up/down
Apr-May 2022 BBB+ ↑2x BBB+ ↑1x Baa1 ↑1x
Jun-Jul 2021 BBB ↑1x Baa2 ↑1x
April 2020 BBB- ↓1x
June 2017 BBB- ↓1x Baa3 ↓1x
February 2017 BBB ↓1x
September 2016 BBB ↓1x
June 2016 BBB+ ↓1x Baa2 ↓1x
October 2015 BBB+ ↓1x Baa1 ↓1x
June 2013 A- ↓1x A3 ↓1x
Jan 2013 A- ↓1x
Aug 2012 A ↓1x
Jan 2012 A2 ↓1x
Jun 2010 A ↓1x A1 ↓1x
Mar-Apr 2010 A-/A+recal ↓1x/↑2x Aa3 recal ↑2x
Dec 2009 A+ ↓1x A2 ↓1x
Mar-Jul 2009 A ↓2x AA- ↓1x A1 ↓1x
Dec 2008 AA- ↓1x
May 2003 AA ↓1x Aa3 ↓1x
Jun 2000 AA+ ↑1x
Jun 1998 Aa2 ↑1x
Jul 1997 AA ↑1x
Feb 1997 Aa3 ↑1x
Sep 1996 AA initial rating
Feb 1995 A1 ↓1x
Aug 1992 AA- ↓1x Aa* ↓1x
Aug-Sep 1991 AA ↓1x Aa1 ↓1x
Mar 1983 AA+ ↓1x
Feb 1979 AAA initial rating
1973 AAA initial rating
Note: "recal" means recalibration, when Fitch and Moody's revised their ratings on municipal bonds to
match global/corporate ratings. These are not considered upgrades.
*Moody's rating of Aa was before that level had modifiers of Aa2 and Aa3, so it was considered one level
in between AA1 and A1

BUILD ILLINOIS BOND RATINGS HISTORY

Rating Mar-Apr June Jan June Oct Jun Jun May Oct Apr Jun-Jul Apr-May
Agencies 2010* 2010 2012 2013 2015 2016 2017 2018 2018 2020 2021 2022
Fitch Ratings AA+ AA+ AA+ AA+ AA+ AA+ AA+ A- A- BBB+ BBB+ A
Standard & Poor’s AAA AAA AAA AAA AAA AAA AA- AA- BBB BBB BBB+ A-
Moody’s Aa3 A1 A2 A3 Baa1 Baa2 Baa3 Baa3 Baa3 Baa3 Baa2 Baa1
Kroll AA+ AA+ AA+

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 150

AUTHORITIES’ AND PUBLIC UNIVERSITIES’ RATINGS UPGRADES

In conjunction with the State’s recent upgrades, Moody’s and S&P upgraded some of Illinois’
authorities and public universities that rely on the State for funding for debt service or for
operations, while Fitch upgraded the Metropolitan Pier and Exposition Authority.

UPGRADES FOR ILLINOIS AUTHORITIES AND UNIVERSITIES

Issuer S&P Moody’s Fitch
Metropolitan Pier and Exposition Authority A- BBB
Illinois Sports Facilities Authority BBB-
Regional Transportation Authority Aa3
Chicago Transit Authority A1
Eastern Illinois University BB+ Ba1
Governors State University BBB
Illinois State University A- Baa1
Northeastern Illinois University BB+ Ba1
Northern Illinois University Ba1
Southern Illinois University BBB+ Baa3
University of Illinois A+
Western Illinois University BB+

SECTION 10. DEBT OF THE STATE OF ILLINOIS Page 151

 SECTION 11. SPECIAL
FUND TRANSFERS
• FY 2018 – FY 2022 Interfund Borrowing
• FY 2015 Interfund Borrowing
• Treasurer’s Investment Borrowing
• Special Fund Transfers Summary
• FY 2018 Fund Sweeps
• FY 2015 Fund Sweeps
 FY 2018 – FY 2022 INTERFUND BORROWING

Beginning in FY 2018, Interfund Borrowing was allowed for up to $1.2 billion outstanding at
one time. The initial legislation, Public Act 100-0023, allowed for borrowing from July 6, 2017
through December 31, 2018. Public Act 100-0587 extended the time for borrowing through
March 1, 2019. Public Act 101–0010 extended the borrowing period to March 1, 2021 and the
payback period from 24 months to 48 months. Public Act 101-636 extended the borrowing
through June 30, 2021. One final Act was passed, Public Act 102-0016, which extended the
borrowing through June 30, 2022 and payback to 60 months from the date on which the funds
were borrowed.

Interfund Borrowing could include transfers from unspecified special state funds to general funds
and the Health Insurance Reserve Fund up to and outstanding at any one time of $1.5 billion
(increased from $1.2 billion in Public Act 101-636). Additional transfers and retransfers could
occur between funds as needed due to insufficient cash in the originator fund, as long as the
amount outstanding was still at or below $1.5 billion.

Original total transfers out from originator funds to the General Revenue Fund equaled $1.246
billion (excluding $10.5 million from other general fund Commitment to Human Service Fund,
which has been paid back), while transfers to the Health Insurance Reserve Fund equaled $231
million, for a combined total of $1.476 billion. Transfers through the end of FY 2022 repaid the
remaining $437.1 million of principal to the originator funds, plus approximately $4.1 million
in interest, as shown in the table on the following pages.

SECTION 11. SPECIAL FUND TRANSFERS Page 155

 FY 2018 - FY 2022 INTERFUND BORROWING
30 ILCS 105/5h.5 Interfund Borrowing Transfers to GRF and HIRF through FY 2021
Transfer from Fund Transferred Transferred Principal Amounts to be Interest Paid
Fund # Fund Name To GRF To HIRF Paid Back (GRF) Paid Back FY 2022
0016 Teacher Certificate Fee Revolving Fund $3,000,000 $3,000,000 $0 $0
0022 General Professions Dedicated Fund $100,000 $5,000,000 $5,100,000 $0 $64,754
0044 Lobbyist Registration Administration Fund $2,000,000 $2,000,000 $0 $0
0047 Fire Prevention Fund $5,000,000 $5,000,000 $0 $0
0048 Rural/Downstate Health Access Fund $200,000 $200,000 $0 $0
0050 Mental Health Fund $2,000,000 $2,000,000 $0 $0
0054 State Pensions Fund $50,000,000 $50,000,000 $0 $0
0057 Illinois State Pharmacy Disciplinary Fund $1,000,000 $1,000,000 $0 $12,171
0059 Public Utility Fund $5,000,000 $5,000,000 $0 $0
0067 Radiation Protection Fund $1,000,000 $1,000,000 $0 $38,997
0068 Hospital Licensure Fund $1,500,000 $1,500,000 $3,000,000 $0 $30,511
0069 Natural Heritage Endowment Trust Fund $340,000 $340,000 $0 $694
0072 Underground Storage Tank Fund $99,300,000 $40,000,000 $139,300,000 $0 $1,709,919
0075 Compassionate Use of Medical Cannabis Fund $5,500,000 $5,500,000 $0 $122,001
0078 Solid Waste Management Fund $10,000,000 $10,000,000 $0 $0
0082 Distance Learning Fund $100,000 $100,000 $0 $0
0089 Subtitle D Management Fund $2,000,000 $2,000,000 $0 $0
0093 Illinois State Medical Disciplinary Fund $20,000,000 $6,000,000 $26,000,000 $0 $410,280
0104 Stroke Data Collection Fund $150,000 $150,000 $0 $0
0113 Community Health Center Care Fund $400,000 $400,000 $0 $0
0115 Safe Bottled Water Fund $150,000 $150,000 $0 $0
0118 Facility Licensing Fund $2,000,000 $1,500,000 $3,500,000 $0 $0
0145 Explosives Regulatory Fund $200,000 $200,000 $0 $1,634
0148 Mental Health Reporting Fund $4,000,000 $4,000,000 $0 $13,023
0150 Rental Housing Support Program Fund $1,000,000 $1,000,000 $0 $0
0151 Registered Certified Public Accountants'
Administration and Disciplinary Fund $500,000 $3,000,000 $3,500,000 $0 $40,598
0152 State Crime Laboratory Fund $2,000,000 $1,500,000 $3,500,000 $0 $0
0166 State Police Merit Board Public Safety Fund $500,000 $500,000 $0 $4,085
0184 ICJIA Violence Prevention Fund $100,000 $100,000 $0 $0
0238 Illinois Health Facilities Planning Fund $1,000,000 $1,000,000 $0 $0
0240 Emergency Public Health Fund $500,000 $500,000 $0 $0
0244 Residential Finance Regulatory Fund $1,000,000 $1,000,000 $2,000,000 $0 $20,341
0245 Fair and Exposition Fund $2,500,000 $2,500,000 $0 $0
0256 Public Health Water Permit Fund $150,000 $150,000 $0 $0
0258 Nursing Dedicated and Professional Fund $8,000,000 $4,000,000 $12,000,000 $0 $144,868
0259 Optometric Licensing and Disciplinary Board
Fund $350,000 $350,000 $0 $2,859
0265 State Rail Freight Loan Repayment Fund $6,000,000 $6,000,000 $0 $279,635
0278 Income Tax Refund Fund $150,000,000 $150,000,000 $0 $0
0286 Illinois Affordable Housing Trust Fund $21,295,000 $21,295,000 $0 $477,809
0291 Regulatory Fund $100,000 $100,000 $0 $316
0294 Used Tire Management Fund $1,500,000 $1,000,000 $2,500,000 $0 $0
0298 Natural Areas Acquisition Fund $2,000,000 $2,000,000 $0 $0
0299 Open Space Lands Acquisition and
Development Fund $58,000,000 $58,000,000 $0 $0
0327 Tattoo and Body Piercing Establishment
Registration Fund $500,000 $500,000 $0 $0
0340 Public Health Laboratory Services Revolving
Fund $1,500,000 $1,500,000 $0 $14,573
0342 Audit Expense Fund $20,000,000 $20,000,000 $0 $0
0343 Federal National Community Services Grant
Fund $333,289 $333,289 $0 $0

SECTION 11. SPECIAL FUND TRANSFERS Page 156

 FY 2018 - FY 2022 INTERFUND BORROWING
30 ILCS 105/5h.5 Interfund Borrowing Transfers to GRF and HIRF through FY 2021
Transfer from Fund Transferred Transferred Principal Amounts to be Interest Paid
Fund # Fund Name To GRF To HIRF Paid Back (GRF) Paid Back FY 2022
0356 Law Enforcement Camera Grant Fund $1,000,000 $1,000,000 $0 $8,760
0362 Securities Audit and Enforcement Fund $12,000,000 $12,000,000 $0 $102,011
0369 Feed Control Fund $1,000,000 $1,000,000 $0 $0
0372 Plumbing Licensure and Program Fund $1,500,000 $1,000,000 $2,500,000 $0 $0
0384 Tax Compliance and Administration Fund $3,000,000 $3,000,000 $0 $116,990
0421 Public Aid Recoveries Trust Fund $200,000,000 $200,000,000 $0 $0
0422 Alternate Fuels Fund $1,500,000 $1,500,000 $0 $0
0438 Illinois State Fair Fund $2,000,000 $2,000,000 $0 $0
0453 Monitoring Device Driving Permit
Administration Fee Fund $6,000,000 $6,000,000 $0 $0
0510 Illinois Fire Fighters' Memorial Fund $5,000,000 $5,000,000 $0 $0
0514 State Asset Forfeiture Fund $100,000 $100,000 $0 $817
0527 Sex Offender Management Board Fund $100,000 $100,000 $0 $0
0534 Illinois Workers' Compensation Commission
Operations Fund $2,000,000 $5,000,000 $7,000,000 $0 $0
0536 LEADS Maintenance Fund $500,000 $500,000 $0 $0
0539 Death Penalty Abolition Fund $1,500,000 $1,500,000 $0 $0
0546 Public Pension Regulation Fund $2,000,000 $2,000,000 $0 $24,342
0550 Supplemental Low-Income Energy Assistance
Fund $112,000,000 $30,000,000 $142,000,000 $0 $0
0564 Renewable Energy Resources Trust Fund $1,500,000 $1,500,000 $0 $0
0568 School Infrastructure Fund $146,000,000 $146,000,000 $0 $0
0571 Energy Efficiency Trust Fund $4,000,000 $4,000,000 $0 $0
0576 Pesticide Control Fund $1,500,000 $1,500,000 $0 $0
0603 Port Development Revolving Loan Fund $204,153 $204,153 $0 $0
0608 Partners for Conservation Fund $2,000,000 $2,000,000 $0 $0
0611 Fund For Illinois' Future $61,181 $61,181 $0 $0
0621 International Tourism Fund $1,500,000 $1,500,000 $0 $0
0629 Real Estate Recovery Fund $350,000 $1,000,000 $1,350,000 $0 $0
0690 DHS Private Resources Fund $500,000 $500,000 $0 $0
0702 Assisted Living and Shared Housing
Regulatory Fund $500,000 $500,000 $0 $3,252
0705 State Police Whistleblower Reward and
Protection Fund $4,000,000 $2,000,000 $6,000,000 $0 $0
0708 Illinois Standardbred Breeders Fund $1,000,000 $1,000,000 $0 $0
0709 Illinois Thoroughbred Breeders Fund $500,000 $500,000 $0 $0
0714 Spinal Cord Injury Paralysis Cure Research
Trust Fund $339,200 $339,200 $0 $0
0718 Community Mental Health Medicaid Trust $5,000,000 $5,000,000 $0 $48,578
0722 Comptroller
Fund Debt Recovery Trust Fund $16,000,000 $16,000,000 $0 $0
0740 Medicaid Buy-In Program Revolving Fund $1,000,000 $1,000,000 $0 $12,171
0746 Home Inspector Administration Fund $300,000 $300,000 $0 $2,451
0763 Tourism Promotion Fund $5,000,000 $5,000,000 $0 $0
0792 Cemetery Oversight Licensing and
Disciplinary Fund $1,500,000 $1,000,000 $2,500,000 $0 $0
0795 Bank and Trust Company Fund $2,000,000 $10,000,000 $12,000,000 $0 $168,876
0796 Nuclear Safety Emergency Preparedness Fund $2,000,000 $2,000,000 $4,000,000 $0 $97,425
0801 Attorney General's State Projects and Court
Ordered Distribution Fund $10,000,000 $10,000,000 $0 $24,549
0816 Money Laundering Asset Recovery Fund $300,000 $300,000 $0 $0
0818 Grant v. Dimas Escrow Fund $1,360,700 $1,360,700 $0 $3,957
0821 Dram Shop Fund $9,000,000 $9,000,000 $0 $0

SECTION 11. SPECIAL FUND TRANSFERS Page 157

 FY 2018 - FY 2022 INTERFUND BORROWING
30 ILCS 105/5h.5 Interfund Borrowing Transfers to GRF and HIRF through FY 2021
Transfer from Fund Transferred Transferred Principal Amounts to be Interest Paid
Fund # Fund Name To GRF To HIRF Paid Back (GRF) Paid Back FY 2022
0828 Hazardous Waste Fund $1,000,000 $1,500,000 $2,500,000 $0 $0
0836 Illinois Power Agency Renewable Energy
Resources Fund $160,000,000 $10,000,000 $170,000,000 $0 $0
0840 Hazardous Waste Research Fund $300,000 $300,000 $0 $0
0845 Environmental Protection Trust Fund $2,000,000 $2,000,000 $0 $0
0848 Settlement Fund - Illinois Chamber of
Commerce v. Filan $5,000,000 $5,000,000 $0 $0
0850 Real Estate License Administration Fund $1,000,000 $1,000,000 $0 $38,997
0888 Design Professionals Administration and
Investigation Fund $200,000 $200,000 $0 $1,634
0896 Public Health Special State Projects Fund $5,000,000 $5,000,000 $0 $0
0906 State Police Services Fund $6,000,000 $6,000,000 $12,000,000 $0 $0
0920 Metabolic Screening and Treatment Fund $5,000,000 $5,000,000 $0 $0
0922 Insurance
Coal Producer
Technology Administration
Development Fund
Assistance $15,000,000 $30,000,000 $45,000,000 $0 $0
0925 Fund $5,000,000 $5,000,000 $0 $0
0940 Self-Insurers Security Fund $2,000,000 $2,000,000 $0 $24,342
0942 Low-Level Radioactive Waste Facility
Development and Operation Fund $500,000 $500,000 $0 $4,085
0944 Environmental Protection Permit and
Inspection Fund $3,100,000 $5,000,000 $8,100,000 $0 $0
0945 Landfill Closure and Post-Closure Fund $300,000 $300,000 $0 $0
0962 Park and Conservation Fund $10,000,000 $10,000,000 $0 $0
0974 Illinois Equity Fund $500,000 $500,000 $0 $4,085
0975 Large Business Attraction Fund $100,000 $100,000 $0 $817
0982 Adeline Jay Geo-Karis Illinois Beach Marina
Fund $330,000 $330,000 $0 $2,696
0997 Insurance Financial Regulation Fund $8,000,000 $15,000,000 $23,000,000 $0 $0
TOTAL $1,245,713,523 $231,000,000 $1,476,713,523 $0 $4,079,902
* The Commitment to Human Services Fund is a General Fund.
0644 Commitment to Human Services Fund* $10,500,000 $10,500,000 $0 $0

SECTION 11. SPECIAL FUND TRANSFERS Page 158

 FY 2015 INTERFUND BORROWING

Public Act 98-0682 allowed for the transfer of up to $650 million from special funds of the State
to the General Revenue Fund in FY 2015. On June 30, 2015, $454 million in Interfund
Borrowing was transferred to the General Revenue Fund from the following funds. Statute
required that the borrowing be paid back to the funds of origin, with any interest that would have
accrued had the transfer not occurred, within 18 months after the date on which they were
borrowed. Public Act 99-0523 removed the requirement that the funds be paid back in 18
months, effectively removing the requirement for the funds to ever be paid back. In June FY
2021, the Comptroller transferred $8.8 million of principal back to funds borrowed from in FY
2015.

FY 2015 INTERFUND BORROWING

Transfer Out Payback Payback
Fund # Fund June 2015 Oct 2016 Dec 2016 June 2021 Total
Principal Interest Principal
0016 Teacher Certificate Fee Revolving Fund $2,000,000 $0
0044 Lobbyist Registration Administration Fund $1,000,000 $1,000,000 $1,000,000
0093 IL State Medical Disciplinary Fund $5,000,000 $5,000,000 $33,776 $5,033,776
0119 Foreclosure Prevention Program Graduated Fund $3,000,000 $0
0159 ISBE Teacher Certificate Institute Fund $1,000,000 $0
0209 State Police Firearm Services Fund $6,000,000 $0
0246 State Police Vehicle Fund $2,000,000 $0
0285 Long Term Care Monitor/Receiver Fund $2,000,000 $0
0292 Securities Investors Education Fund $5,000,000 $5,000,000 $5,000,000
0299 Open Space Lands Acquisition & Development Fund $40,000,000 $0
0362 Securities Audit & Enforcement Fund $4,000,000 $4,000,000 $26,693 $4,026,693
0371 Equality in Long-Term Care Quality Fund $5,800,000 $5,800,000 $5,800,000
0539 Death Penalty Abolition Fund $8,000,000 $3,000,000 $3,000,000
0550 Supplemental Low Income Energy Assistance Fund $75,000,000 $0
0568 School Infrastructure Fund $179,000,000 $0
0640 Fund for Advancement of Education $17,681,000 $0
0644 Commitment to Human Services Fund $60,000,000 $0
0697 Roadside Memorial Fund $1,375,000 $0
0731 IL Clean Water Fund $2,000,000 $0
0733 Tobacco Settlement Recovery Fund $15,000,000 $0
0796 Nuclear Safety Emergency Preparedness Fund $1,500,000 $0
0845 Environmental Protection Trust Fund $1,000,000 $0
0891 Foreclosure Prevention Program Fund $2,000,000 $0
0906 State Police Services Fund $5,000,000 $0
0962 Park and Conservation Fund $10,000,000 $0
TOTAL $454,356,000 $15,000,000 $60,469 $8,800,000 $23,860,469
Public Act 99-0523 deleted the provision that requires these funds to be paid back.

SECTION 11. SPECIAL FUND TRANSFERS Page 159

 TREASURER’S INVESTMENT BORROWING

Public Act 100-1107, which became effective August 27, 2018, allows the State Treasurer to
invest up to $2 billion in debt issued by the State Comptroller. The Treasurer could refinance
backlogged bill debt during times of portfolio liquidity to help during the State’s low revenue
months. The State would then pay a lower interest rate than the normal 9%-12% on the amount
refinanced, while the Treasurer gets interest off of the investment through intergovernmental
agreements made for a market-based rate. When the State is projected to have better cash flow,
such as during the month of April during tax payments, the State pays off the Treasurer’s
investment.

The Treasurer’s Office utilized this investment tool in September and October of 2018 with
principal and interest paid back from December 2018 through April 2019. The actual amount
used was $700 million, but during the six month period of one of the investments, one of the
Funds, the AML Reclamation Set Aside Fund, needed the $50 million repaid. This occurred in
March and $50 million was used from the Unclaimed Property Trust Fund for the remainder of
the time period and repaid in April.

In September 2019, $400 million was invested, with payback expected in March and April of
2020. Those amounts were re-invested from those dates, so that the Comptroller could continue
to use the $400 million to pay bills, because income tax payments from individuals and
corporations were delayed by the Governor until July 16, 2020, due to the COVID-19 pandemic.
The maturities for the March amounts were set for September 2020, and maturities for the April
funds for July 2020.

In November of 2020, another $400 million was invested, with principal and interest paid back
in May 2021. FY 2021 payback amounts include the principal and interest payments from the
March and April 2020 investments as mentioned in the paragraph above.

Below are the funds used and their repayment of principal and interest through June 30, 2021.
The Office of the Treasurer reports that the General Revenue Fund and the Health Insurance
Reserve Fund saved $115.5 million dollars to date. Interest rates on the investments ranged
from 1.25% to 3.78%.

SECTION 11. SPECIAL FUND TRANSFERS Page 160

 TRESURER'S INVESTMENT BORROWING
FY 2019 Total Total Principal Total Interest
Fund # Fund Name Borrowed Paid Back Paid Back
0011 Road Fund $100,000,000 $100,000,000 $1,810,000
0019 Grade Crossing Protection $50,000,000 $50,000,000 $932,500

0142 Community Developmental Disability Services Medicaid Trust

$15,000,000 $15,000,000 $283,500
0257 AML Reclamation Set Aside $50,000,000 $50,000,000 $657,961
0278 Income Tax Refund Fund $200,000,000 $200,000,000 $3,590,000
0482 Unclaimed Property Trust* $50,000,000 $50,000,000 $274,569
0663 Federal Student Loan $15,000,000 $15,000,000 $38,163
0902 State Construction Account $270,000,000 $270,000,000 $4,983,000
FY 2019 TOTAL $750,000,000 $750,000,000 $12,569,693
* $50 million in March borrowed from Unclaimed Property Trust was not additional, just replacing Fund 257 because it needed to be
paid back.
FY 2019 Total Total Principal Total Interest
Fund # Fund Name Borrowed Paid Back Paid Back
0011 Road Fund $200,000,000 $100,000,000 $1,529,250
0019 Grade Crossing Protection $100,000,000 $50,000,000 $764,625
0902 State Construction Account $500,000,000 $250,000,000 $4,330,772
FY 2020 TOTAL $800,000,000 $400,000,000 $6,624,647
Note: Amounts borrowed in March and April of 2020 will be repaid in July and September of FY 2021.
FY 2021 Total Total Principal Total Interest
Fund # Fund Name Borrowed Paid Back Paid Back
0011 Road Fund $400,000,000 $500,000,000 $3,146,500
0019 Grade Crossing Protection $50,000,000 $324,500
0902 State Construction Account $250,000,000 $1,312,056
FY 2021 TOTAL $400,000,000 $800,000,000 $4,783,056
Note: Amounts borrowed in March and April of 2020 were repaid with interest in early FY 2021.

SECTION 11. SPECIAL FUND TRANSFERS Page 161

 SPECIAL FUND TRANSFERS SUMMARY

Beginning in FY 2003, the State initiated a policy of transferring excess moneys from funds to
the General Funds to aid in decreasing the annual budget deficits. This strategy combined several
different special transfers:

Fund Sweeps—specific amounts set out in Statute for transfer in a given fiscal year;

Chargebacks—transfers of a specified sum from any fund held by the State Treasurer to the
General Revenue Fund in order to defray the State’s operating costs for FY 2004 through the
end of FY 2007. The total transfer under this Section from any fund in any fiscal year shall not
exceed the lesser of (i) 8% of the revenues to be deposited into the fund during that fiscal year
or (ii) an amount that leaves a remaining fund balance of 25% of the July 1 fund balance of that
fiscal year. Certain funds are exempt from this transfer (30 ILCS 105/8h);

Increased Fees Transfers—transfers from funds receiving increased revenues due to increases
in fees. Revenues from increased fees go directly into their specific funds. The increased fee
revenues reported here are transfers from these other funds to the General Revenue Fund after
the fees have been receipted (30 ILCS 105/8j);

Executive Order #10 Transfers—these transfers are of unexpended appropriations and savings
pertaining to functions to be consolidated at CMS, facilities management, audit functions, and
staff legal functions. These transfers have only occurred in FY 2004.

Below are the Special Transfer totals from FY 2003 through FY 2010, for FY 2015 and FY
2018. There were no Special Transfers in fiscal years 2011-2014 and in fiscal years 2016-2017,
and 2019-2022.
HISTORY OF SPECIAL TRANSFERS TO GRF
(FY 2003 - FY 2018)
Executive Order Chargebacks Statutory Fee Increase
Fiscal Year 10 (8h) (Funds Sweep) Repealed Funds (8j) TOTAL
FY 2003 $165,000,000 $165,000,000
FY 2004 $5,526,569 $269,464,457 $158,514,000 $88,841,000 $522,346,026
FY 2005* $208,237,815 $259,881,179 $37,671,512 $505,790,506
FY 2006*^ $140,356,525 $129,060,833 $343,900 $35,309,438 $305,070,696
FY 2007 $98,011,513 $188,345,450 $28,175,300 $314,532,263
FY 2008 $34,255,400 $34,255,400
FY 2009 $27,740,000 $27,740,000
FY 2010 $282,952,202 $4,229,100 $287,181,302
FY 2015 $1,284,051,100 $1,284,051,100
FY 2018 $269,113,150 $269,113,150
TOTAL $5,526,569 $716,070,310 $2,736,917,914 $343,900 $256,221,750 $3,715,080,443
*Include the chargebacks and fee increase transfers of $263,938,498 that were not executed by the Treasurer.
^$38,068 was placed in regular transfers due to paperwork issues.

SECTION 11. SPECIAL FUND TRANSFERS Page 162

Approximately $264 million of chargebacks and increased fee transfers in FY 2005 and FY 2006
were blocked by the Treasurer’s Office awaiting the settlement of several court cases on the
constitutionality of these transfers. Public Act 94-774 allowed $250 million of these pending
transfers to GRF to be redirected in equal shares to the Hospital Provider Fund, Long-term Care
Provider Fund, and Drug Rebate Fund. Due to the block by the Treasurer’s Office, the
Comptroller was not allowed to use these amounts until they were released. The Public Act
forced the transfer to GRF, and then the Comptroller’s Office transferred the $250 million out
of GRF (1/3 to each) to the three above-mentioned funds. The following sections detail annual
Special Transfer totals back through FY 2015 by Fund.

For a detailed history of Special Transfers, visit the Commission on Government Forecasting
and Accountability’s website at http://cgfa.ilga.gov/Resource.aspx?id=4.

SECTION 11. SPECIAL FUND TRANSFERS Page 163

 FY 2018 FUND SWEEPS

P.A. 100-0023 allowed for Fund Sweeps (statutory transfers) of $293 million from the following
list of funds into one of these four state funds: General Revenue Fund, Budget Stabilization
Fund, Healthcare Provider Relief Fund or the Health Insurance Reserve Fund. Transfers and
retransfers were allowed from GRF if an originator fund had insufficient cash. Total transfers
for FY 2018 of $269 million were made to the General Revenue Fund.
FY 2018 FUND SWEEPS TO GRF
[PA100-23]
Fund # Fund Name Up to Amount Total Remainder
0021 Financial Institution Fund $328,200 $328,200 $0
0022 General Professions Dedicated Fund $612,700 $612,700 $0
0023 Economic Research and Information Fund $11,000 $11,000 $0
0040 State Parks Fund $662,000 $662,000 $0
0047 Fire Prevention Fund $10,000,000 $10,000,000 $0
0050 Mental Health Fund $1,101,300 $1,101,300 $0
0057 Illinois State Pharmacy Disciplinary Fund $2,000,000 $2,000,000 $0
0067 Radiation Protection Fund $4,500,000 $4,500,000 $0
0068 Hospital Licensure Fund $1,000,000 $1,000,000 $0
0075 Compassionate Use of Medical Cannabis Fund $2,500,000 $2,500,000 $0
0076 Illinois National Guard Billeting Fund $100,000 $100,000 $0
0078 Solid Waste Management Fund $13,900,000 $13,900,000 $0
0082 Distance Learning Fund $180,000 $180,000 $0
0085 Illinois Gaming Law Enforcement Fund $62,000 $62,000 $0
0089 Subtitle D Management Fund $1,000,000 $1,000,000 $0
0091 Clean Air Act Permit Fund $911,600 $911,600 $0
0093 Illinois State Medical Disciplinary Fund $5,000,000 $5,000,000 $0
0113 Community Health Center Care Fund $800,000 $800,000 $0
0115 Safe Bottled Water Fund $150,000 $0 $150,000
0119 Foreclosure Prevention Program Graduated Fund $2,500,000 $2,500,000 $0
0137 Plugging and Restoration Fund $1,200,000 $1,200,000 $0
0145 Explosives Regulatory Fund $280,000 $280,000 $0
0146 Aggregate Operations Regulatory Fund $500,000 $500,000 $0
0148 Mental Health Reporting Fund $624,100 $0 $624,100
0150 Rental Housing Support Program Fund $760,000 $760,000 $0
Registered Certified Public Accountants' Admin and
0151 Disciplinary Fund $1,500,000 $1,500,000 $0
0152 State Crime Laboratory Fund $150,500 $150,500 $0
0156 Motor Vehicle Theft Prevention Trust Fund $6,000,000 $6,000,000 $0
0163 Weights and Measures Fund $256,100 $256,100 $0
0166 State Police Merit Board Public Safety Fund $58,200 $58,200 $0
0199 Illinois Fisheries Management Fund $2,000,000 $2,000,000 $0
0209 State Police Firearm Services Fund $7,200,000 $7,200,000 $0
0211 DHS Technology Initiative Fund $2,250,000 $2,250,000 $0
0218 Professions Indirect Cost Fund $1,409,500 $1,409,500 $0
0222 State Police DUI Fund $57,100 $57,100 $0
0233 Intercity Passenger Rail Fund $500,000 $500,000 $0
0238 Illinois Health Facilities Planning Fund $2,500,000 $2,500,000 $0
0241 TOMA Consumer Protection Fund $200,000 $200,000 $0

SECTION 11. SPECIAL FUND TRANSFERS Page 164

 FY 2018 FUND SWEEPS TO GRF
[PA100-23]
Fund # Fund Name Up to Amount Total Remainder
0243 Credit Union Fund $176,200 $176,200 $0
0244 Residential Finance Regulatory Fund $127,000 $127,000 $0
0258 Nursing Dedicated and Professional Fund $5,000,000 $5,000,000 $0

0261 Underground Resources Conservation Enforcement Fund $700,000 $700,000 $0

0265 State Rail Freight Loan Repayment Fund $6,000,000 $0 $6,000,000
0276 Drunk and Drugged Driving Prevention Fund $90,000 $0 $90,000
0277 Pollution Control Board Fund $300,000 $0 $300,000
0286 Illinois Affordable Housing Trust Fund $5,000,000 $5,000,000 $0
0290 Fertilizer Control Fund $4,100,000 $3,587,500 $512,500
0291 Regulatory Fund $330,000 $330,000 $0
0293 State Furbearer Fund $200,000 $0 $200,000
0294 Used Tire Management Fund $17,500,000 $17,500,000 $0
0298 Natural Areas Acquisition Fund $2,000,000 $2,000,000 $0
0318 ICJIA Violence Prevention Special Projects Fund $100,000 $0 $100,000
0335 Criminal Justice Information Projects Fund $400,000 $400,000 $0
0336 Environmental Laboratory Certification Fund $200,000 $200,000 $0
0341 Provider Inquiry Trust Fund $500,000 $500,000 $0
Care Provider Fund for Persons with a Developmental
0344 Disability $1,000,000 $1,000,000 $0
0356 Law Enforcement Camera Grant Fund $1,500,000 $1,500,000 $0
0368 Drug Treatment Fund $195,000 $195,000 $0
0369 Feed Control Fund $6,800,000 $5,950,000 $850,000
0372 Plumbing Licensure and Program Fund $89,000 $89,000 $0
0384 Tax Compliance and Administration Fund $2,800,000 $2,800,000 $0
0386 Appraisal Administration Fund $400,000 $400,000 $0
0387 Small Business Environmental Assistance Fund $294,000 $147,000 $147,000
0388 Regulatory Evaluation and Basic Enforcement Fund $150,000 $150,000 $0
0397 Trauma Center Fund $3,000,000 $3,000,000 $0
0422 Alternate Fuels Fund $1,300,000 $1,300,000 $0
0437 Quality of Life Endowment Fund $337,500 $0 $337,500
0440 Agricultural Master Fund $900,000 $900,000 $0
0474 Human Services Priority Capital Program Fund $3,200 $1,600 $1,600
0502 Early Intervention Services Revolving Fund $5,000,000 $0 $5,000,000
0514 State Asset Forfeiture Fund $185,000 $185,000 $0
Department of Corrections Reimbursement and
0523 Education Fund $180,000 $0 $180,000
0524 Health Facility Plan Review Fund $78,200 $78,200 $0
Illinois Workers' Compensation Commission Operations
0534 Fund $11,272,900 $11,272,900 $0
0535 Sex Offender Registration Fund $100,000 $0 $100,000
0536 LEADS Maintenance Fund $118,900 $118,900 $0
0537 State Offender DNA Identification System Fund $98,200 $0 $98,200
0539 Death Penalty Abolition Fund $309,800 $309,800 $0
0546 Public Pension Regulation Fund $100,300 $100,300 $0
0547 Conservation Police Operations Assistance Fund $1,400,000 $1,400,000 $0
Workforce, Technology, and Economic Development
0552 Fund $65,000 $65,000 $0
0555 Good Samaritan Energy Trust Fund $29,000 $14,500 $14,500
0564 Renewable Energy Resources Trust Fund $12,000,000 $12,000,000 $0
0569 School Technology Revolving Loan Fund $1,500,000 $1,500,000 $0

SECTION 11. SPECIAL FUND TRANSFERS Page 165

 FY 2018 FUND SWEEPS TO GRF
[PA100-23]
Fund # Fund Name Up to Amount Total Remainder
0571 Energy Efficiency Trust Fund $7,600,000 $7,600,000 $0
0576 Pesticide Control Fund $400,000 $400,000 $0
0603 Port Development Revolving Loan Fund $410,000 $205,000 $205,000
0612 Statewide 9-1-1 Fund $5,926,000 $0 $5,926,000
0613 Wireless Carrier Reimbursement Fund $327,000 $327,000 $0
0632 Horse Racing Fund $197,900 $197,900 $0
0635 Death Certificate Surcharge Fund $70,500 $70,500 $0
Illinois Adoption Registry and Medical Information
0638 Exchange Fund $80,000 $40,000 $40,000
0649 Motor Carrier Safety Inspection Fund $115,000 $115,000 $0
0665 Prescription Pill and Drug Disposal Fund $250,000 $0 $250,000
0674 State Charter School Commission Fund $100,000 $100,000 $0
0675 Electronics Recycling Fund $450,000 $450,000 $0
0690 DHS Private Resources Fund $1,000,000 $1,000,000 $0
0697 Roadside Memorial Fund $200,000 $200,000 $0

0705 State Police Whistleblower Reward and Protection Fund $625,700 $625,700 $0
0708 Illinois Standardbred Breeders Fund $500,000 $500,000 $0
0709 Illinois Thoroughbred Breeders Fund $500,000 $500,000 $0

0714 Spinal Cord Injury Paralysis Cure Research Trust Fund $300,000 $150,000 $150,000
0731 Illinois Clean Water Fund $4,400,000 $4,400,000 $0
0740 Medicaid Buy-In Program Revolving Fund $300,000 $300,000 $0
0746 Home Inspector Administration Fund $500,000 $500,000 $0
0763 Tourism Promotion Fund $5,000,000 $5,000,000 $0
0770 Digital Divide Elimination Fund $1,347,000 $1,010,250 $336,750

0792 Cemetery Oversight Licensing and Disciplinary Fund $50,900 $50,900 $0

0795 Bank and Trust Company Fund $917,400 $917,400 $0
0796 Nuclear Safety Emergency Preparedness Fund $6,000,000 $6,000,000 $0
0797 Department of Human Rights Special Fund $100,000 $100,000 $0
0816 Money Laundering Asset Recovery Fund $63,700 $63,700 $0
0817 State Police Operations Assistance Fund $1,022,000 $1,022,000 $0
0821 Dram Shop Fund $365,000 $365,000 $0
0823 Illinois State Dental Disciplinary Fund $1,500,000 $1,500,000 $0
0828 Hazardous Waste Fund $431,600 $431,600 $0
0831 Natural Resources Restoration Trust Fund $2,100,000 $0 $2,100,000
0845 Environmental Protection Trust Fund $265,000 $265,000 $0
0849 Real Estate Research and Education Fund $250,000 $250,000 $0
0850 Real Estate License Administration Fund $3,000,000 $3,000,000 $0
0866 Snowmobile Trail Establishment Fund $150,000 $150,000 $0
0879 Traffic and Criminal Conviction Surcharge Fund $638,100 $638,100 $0
0891 Foreclosure Prevention Program Fund $2,500,000 $2,500,000 $0
Abandoned Residential Property Municipality Relief
0892 Fund $6,600,000 $6,600,000 $0
0896 Public Health Special State Projects Fund $10,000,000 $10,000,000 $0
0905 Illinois Forestry Development Fund $264,300 $264,300 $0
0906 State Police Services Fund $3,500,000 $3,500,000 $0
0920 Metabolic Screening and Treatment Fund $5,000,000 $5,000,000 $0
0921 DHS Recoveries Trust Fund $5,515,000 $5,515,000 $0
0922 Insurance Producer Administration Fund $15,000,000 $15,000,000 $0

SECTION 11. SPECIAL FUND TRANSFERS Page 166

 FY 2018 FUND SWEEPS TO GRF
[PA100-23]
Fund # Fund Name Up to Amount Total Remainder
0925 Coal Technology Development Assistance Fund $9,500,000 $9,500,000 $0
0936 Rail Freight Loan Repayment Fund $1,000,000 $1,000,000 $0
Low-Level Radioactive Waste Facility Development and
0942 Operation Fund $1,300,000 $1,300,000 $0

0944 Environmental Protection Permit and Inspection Fund $461,800 $461,800 $0

0954 Illinois State Podiatric Disciplinary Fund $200,000 $200,000 $0
0973 Illinois Capital Revolving Loan Fund $1,263,000 $1,263,000 $0
0974 Illinois Equity Fund $535,000 $535,000 $0
0975 Large Business Attraction Fund $1,562,000 $1,562,000 $0
0984 International and Promotional Fund $37,000 $37,000 $0

0993 Public Infrastructure Construction Loan Revolving Fund $1,500,000 $1,500,000 $0

0997 Insurance Financial Regulation Fund $10,941,900 $10,941,900 $0
TOTAL $292,826,300 $269,113,150 $23,713,150

SECTION 11. SPECIAL FUND TRANSFERS Page 167

 FY 2015 FUND SWEEPS

FY 2015 Fund Sweeps to the General Revenue Fund were approved by Public Act 99-0002 in
the amount of $1.318 billion, with specific amounts coming from specific funds. Amounts were
transferred from April through June, and funds that had insufficient amounts had funds
transferred back to them. At the end of FY 2015, including retransfers that were made back to
the original funds due to appropriation needs, the total funds swept equaled $1.284 billion. The
Act also allowed $48 million to be transferred from the Federal High Speed Rail Trust Fund to
the General Obligation Bond Retirement and Interest Fund, which occurred in June.
FY 2015 FUND SWEEPS TO GRF
[PA 99-0002]
Fund # Fund Name Up to Amount Total Remainder
0011 Road Fund $250,000,000 $250,000,000 $0
0012 Motor Fuel Tax Fund $50,000,000 $50,000,000 $0
0014 Food and Drug Safety Fund $1,000,000 $1,000,000 $0
0016 Teacher Certificate Fee Revolving Fund $5,000,000 $5,000,000 $0
0019 Grade Crossing Protection Fund $10,000,000 $10,000,000 $0
0021 Financial Institution Fund $1,573,600 $1,573,600 $0
0022 General Professions Dedicated Fund $2,000,000 $2,000,000 $0
0044 Lobbyist Registration Administration Fund $1,000,000 $1,000,000 $0
0045 Agricultural Premium Fund $5,000,000 $5,000,000 $0
0047 Fire Prevention Fund $23,000,000 $18,200,000 $4,800,000
0050 Mental Health Fund $3,000,000 $3,000,000 $0
0057 Illinois State Pharmacy Disciplinary Fund $2,700,000 $2,700,000 $0
0067 Radiation Protection Fund $1,500,000 $1,500,000 $0
0068 Hospital Licensure Fund $500,000 $500,000 $0
0072 Underground Storage Tank Fund $20,000,000 $20,000,000 $0
0078 Solid Waste Management Fund $15,000,000 $15,000,000 $0
0089 Subtitle D Management Fund $1,000,000 $1,000,000 $0
0093 IL State Medical Disciplinary Fund $10,000,000 $10,000,000 $0
0118 Facility Licensing Fund $1,000,000 $1,000,000 $0
0151 Registered CPAs' Admin & Disciplinary Fund $6,100,000 $6,100,000 $0
0156 Motor Vehicle Theft Prevention Trust Fund $6,000,000 $6,000,000 $0
0159 SBE Teacher Certification Institute Fund $1,800,000 $1,800,000 $0
0163 Weights and Measures Fund $2,000,000 $2,000,000 $0
0186 State and Local Sales Tax Reform Fund $40,000,000 $40,000,000 $0
0188 County and Mass Transit District Fund $40,000,000 $40,000,000 $0
0189 Local Government Tax Fund $200,000,000 $172,000,000 $28,000,000
0199 IL Fisheries Management Fund $500,000 $500,000 $0
0215 CDB Revolving Fund $1,500,000 $1,500,000 $0
0233 Intercity Passenger Rail Fund $370,000 $370,000 $0
0238 IL Health Facilities Planning Fund $3,746,000 $3,746,000 $0
0240 Emergency Public Health Fund $500,000 $500,000 $0
0241 TOMA Consumer Protection Fund $1,500,000 $1,500,000 $0

SECTION 11. SPECIAL FUND TRANSFERS Page 168

 FY 2015 FUND SWEEPS TO GRF
[PA 99-0002]
Fund # Fund Name Up to Amount Total Remainder
0245 Fair and Exposition Fund $1,000,000 $1,000,000 $0
0246 State Police Vehicle Fund $4,000,000 $4,000,000 $0
0258 Nursing Dedicated & Professional Fund $5,000,000 $5,000,000 $0

0261 Underground Resources Conservation Enforcement Fund $500,000 $500,000 $0

0265 State Rail Freight Loan Repayment Fund $10,000,000 $10,000,000 $0
0286 IL Affordable Housing Trust Fund $6,000,000 $6,000,000 $0
0287 Home Care Services Agency Licensure Fund $1,000,000 $1,000,000 $0
0290 Fertilizer Control Fund $500,000 $500,000 $0
0292 Securities Investors Education Fund $5,000,000 $5,000,000 $0
0294 Used Tire Management Fund $20,000,000 $20,000,000 $0
0298 Natural Areas Acquisition Fund $6,000,000 $6,000,000 $0
0306 I-Fly Fund $1,545,000 $1,545,000
0316 IL Prescription Drug Discount Program Fund $257,100 $257,100 $0
0318 ICJIA Violence Prevention Special Projects Fund $3,000,000 $3,000,000 $0

0327 Tattoo & Body Piercing Establishment Registration Fund $250,000 $250,000 $0
0340 Public Health Lab Services Revolving Fund $500,000 $500,000 $0
0341 Provider Inquiry Trust Fund $1,300,000 $1,300,000 $0
0362 Securities Audit and Enforcement Fund $4,000,000 $4,000,000 $0
0368 Drug Treatment Fund $1,000,000 $1,000,000 $0
0369 Feed Control Fund $1,000,000 $1,000,000 $0
0372 Plumbing Licensure & Program Fund $200,000 $200,000 $0
0386 Appraisal Administration Fund $400,000 $400,000 $0
0397 Trauma Center Fund $7,000,000 $7,000,000 $0
0422 Alternate Fuels Fund $1,500,000 $1,500,000 $0
0438 IL State Fair Fund $1,000,000 $1,000,000 $0
0440 Agricultural Master Fund $400,000 $400,000 $0
0474 Human Services Priority Capital Program Fund $1,680,000 $1,680,000 $0
0514 State Asset Forfeiture Fund $250,000 $250,000 $0
0524 Health Facility Plan Review Fund $1,000,000 $1,000,000 $0
0534 IL Workers' Comp Commission Operations Fund $10,000,000 $10,000,000 $0
0552 Workforce, Tech & Economic Development Fund $300,000 $300,000 $0
0559 Downstate Transit Improvement Fund $70,000,000 $70,000,000 $0
0564 Renewable Energy Resources Trust Fund $3,000,000 $3,000,000 $0
0571 Energy Efficiency Trust Fund $6,000,000 $6,000,000 $0
0576 Pesticide Control Fund $3,000,000 $3,000,000 $0
0608 Partners for Conservation Fund $6,000,000 $6,000,000 $0
0612 Wireless Service Emergency Fund $7,500,000 $7,500,000 $0
0635 Death Certificate Surcharge Fund $1,500,000 $1,500,000 $0
0638 IL Adoption Registry & Medical Info Exchange Fund $232,000 $232,000 $0
0640 Fund for the Advancement of Education $25,000,000 $25,000,000 $0
0644 Commitment to Human Services Fund $25,000,000 $25,000,000 $0
0708 IL Standardbred Breeders Fund $250,000 $250,000 $0

SECTION 11. SPECIAL FUND TRANSFERS Page 169

 FY 2015 FUND SWEEPS TO GRF
[PA 99-0002]
Fund # Fund Name Up to Amount Total Remainder
0709 IL Thoroughbred Breeders Fund $250,000 $250,000 $0
0714 Spinal Cord Injury Paralysis Cure Research Trust Fund $1,100,000 $1,100,000 $0
0733 Tobacco Settlement Recovery Fund $4,000,000 $4,000,000 $0
0740 Medicaid Buy-In Program Revolving Fund $1,700,000 $1,700,000 $0
0746 Home Inspector Admin Fund $1,000,000 $1,000,000 $0
0750 Real Estate Audit Fund $193,600 $193,600 $0
0754 IL AgriFIRST Program Fund $204,000 $204,000 $0
0784 Performance-Enhancing Substance Testing Fund $365,000 $365,000 $0
0795 Bank and Trust Company Fund $25,000,000 $25,000,000 $0
0821 Dram Shop $1,000,000 $1,000,000 $0
0823 IL State Dental Disciplinary Fund $1,500,000 $1,500,000 $0
0831 Natural Recourses Restoration Trust Fund $1,000,000 $1,000,000 $0
0836 IL Power Agency Renewable Energy Resources Fund $98,000,000 $98,000,000 $0
0849 Real Estate Research & Education Fund $500,000 $500,000 $0
0850 Real Estate License Admin Fund $30,000,000 $30,000,000 $0

0892 Abandoned Residential Property Municipality Relief Fund $700,000 $700,000 $0

0896 Public Health Special State Projects Fund $5,000,000 $5,000,000 $0
0902 State Construction Account Fund $50,000,000 $50,000,000 $0
0906 State Police Services Fund $6,000,000 $6,000,000 $0
0920 Metabolic Screening & Treatment Fund $5,000,000 $5,000,000 $0
0922 Insurance Producer Administration Fund $70,313,800 $70,313,800 $0
0925 Coal Technology Development Assistance Fund $3,000,000 $3,000,000 $0
0942 Low-Level Radioactive Waste Facility Dev & Op Fund $500,000 $500,000 $0
Low-Level Radioactive Waste Facility Closure, Post-Closure
0943 Care & Compensation Fund $110,000 $110,000 $0
0954 IL State Podiatric Disciplinary Fund $200,000 $200,000 $0
0962 Park and Conservation Fund $15,000,000 $15,000,000 $0
0963 Vehicle Inspection Fund $8,000,000 $8,000,000 $0
0969 Local Tourism Fund $308,000 $308,000 $0
0973 Build IL Capital Revolving Loan Fund $5,000,000 $5,000,000 $0
0974 IL Equity Fund $500,000 $500,000 $0

0993 Public Infrastructure Construction Loan Revolving Fund $9,000,000 $9,000,000 $0

0997 Insurance Financial Regulation Fund $23,598,000 $23,598,000 $0
Total $1,318,396,100 $1,284,051,100 $34,345,000

FY 2015 FUND SWEEP TO GENERAL OBLIGATION BOND

RETIREMENT & INTEREST FUND - 507g
[PA 99-0002]
Fund # Fund Name Up to Amount Total Remainder
0433 Federal High Speed Rail Trust Fund $48,000,000 $48,000,000 $0
Total $48,000,000 $48,000,000 $0

SECTION 11. SPECIAL FUND TRANSFERS Page 170

 SECTION 12.
APPENDICES
• Appendix A. Glossary
• Appendix B. Description of Funds
• Appendix C. Tax Rate History of Major Revenue Sources
• Appendix D. Composition of Income Tax Net Revenues
 APPENDIX A. GLOSSARY

Activity Measure - information or data used to count the delivery of state services; for instance,
the number of people served and the number of cases closed.

Actuarial Accrued Liability - The value, using actuarial methods and assumptions, placed on
the obligations of a pension fund for outgoings, including expenses expected to fall on the fund
after the date to which the calculations relate.

Actuarial Assumptions - Factors which actuaries use in estimating the cost of funding a
defined benefit pension plan. Examples include: the rate of return on plan investments;
mortality rates; and the rates at which plan participants are expected to leave the system because
of retirement, disability, termination, etc.

Actuarial Cost Methods - An actuarial method which defines the allocation of pension costs
(and contributions) over a member's working career. All standard actuarial cost methods are
comprised of two components: normal cost and the actuarial accrued liability. An actuarial cost
method determines the incidence of pension costs, not the ultimate cost of a pension plan; that
cost is determined by the actual benefits paid less the actual investment income.

Actuarial Gain or Loss - Experience of the plan, from one year to the next, which differs
from that assumed results in an actuarial gain or loss. For example, an actuarial gain would
occur if assets earned 10 percent for a given year since the assumed interest rate in the valuation
is 8 percent.

Actuarial Present Value - The value of an amount or series of amounts payable or receivable
at various times, determined as of a given date by the application of a particular set of actuarial
assumptions (i.e. interest rate, rate of salary increases, mortality, etc.).

Actuarial Valuation - Actuarial valuations are technical reports providing full disclosure of
the financial and funding status of retirement systems.

Actuarial Value of Assets - The value of pension plan investments and other property used by
the actuary for the purpose of an actuarial valuation.

All Funds - every fund appropriated to or spent by an agency.

Amortization - Paying off an interest bearing liability by gradual reduction through a series of
installments, as opposed to paying it off by one lump sum payment.

Annual Required Employer Contribution (ARC) - Represents the amount that an employer
must report as its annual obligation to the pension fund. The ARC, expressed either as a dollar

SECTION 12. APPENDICES Page 173

amount or a percentage of payroll, has two components: the annual normal cost and the annual
amortization payment of the UAAL.

Annualize - to provide full year funding in the next fiscal year when a program is started or a
person is hired part way through the current fiscal year.

Annuitant - One who receives periodic payments from the retirement system. This term
includes service and disability retirees, and their survivors.

Annuity - A series of periodic payments, usually for life, payable monthly or at other specified
intervals.

Appropriation - spending authority from a specific fund given by the General Assembly and
approved by the Governor for a specific amount, purpose and time period.

Assessments - a levy imposed for a specific purpose, typically the medical assessment program
under which the Department of Public Aid levies a fee on long-term care and other providers
to help fund Medicaid liability.

Asset - Anything that has a financial value. Examples include: buildings, equipment, shares,
etc.

Asset Smoothing - A mechanism that spreads out, or smoothes, annual investment returns over
a designated periods of time in order to minimize volatility.

Assumed Interest Rate - The rate of interest, or growth rate, to determine the value of an
annuity contract and, therefore, the periodic income payment which can be provided to the
annuitant.

Attrition - a natural reduction in caseload or staff; for example, from retirement or resignation.

Available Fund Balance - the total amount of money in a fund at a particular point in time,
typically at the beginning of a month or the year.

Basis of Accounting – the method of accounting used to track and report state revenues and
expenditures; for example, cash, budgetary or accrual.

Beneficiary - The person designated to receive benefits under an employee benefit plan in the
event of the death of the person covered by the plan.

Bond Fund - a fund that receives proceeds from the sale of bonds to be used for capital projects.

Bond Rating - an assessment of the credit risk with respect to a specific bond issue.

SECTION 12. APPENDICES Page 174

Bond Retirement and Interest Fund - a fund used to repay principal and interest on bonds or
other debt obligations, typically spent pursuant to a continuing and irrevocable appropriation.

Budgetary Balance - available cash balance on June 30, minus lapse period spending for the
fiscal year just ended.

Build Illinois - a state economic development and public infrastructure program begun in 1986
and primarily funded by dedicated state sales tax revenue bonds.

Capital - buildings, structures, equipment and land. Acquisition, development, construction

and improvement of capital are typically funded through bond funds.

Case Management - monitoring and oversight of the delivery of services, which may include
coordination of all services to a client.

Caseload - the number of clients being served at a point in time, sometimes used in the context
of clients per staff.

Cash Flow - the amount of cash available for use during a period of time, calculated by
subtracting spending from the sum of the receipts and the beginning balance.

Census - population measure, typically of clients in a facility or program.

Certificate of Participation - similar to bonds or other debt instruments, a security issued by

the state or a third party that gives the holder a share of the stream of annual appropriated lease
payments made by the state.

Client - a person or family receiving services, typically from a human service agency.

Commodities - line item for consumable items used in connection with current agency
operations; for instance, household, medical or office supplies; food for those in institutions;
coal, bottled and natural gas; and equipment costing less than $100.

Common School Fund - one of seven funds that comprise the state General Funds. It is used
to fund Elementary and Secondary Education. If revenues to the fund from the lottery, bingo,
public utility, cigarette and sales taxes and from investment income, among others, are
insufficient to make monthly general state aid payments, the Common School Fund receives
automatic transfers from the General Revenue Fund.

Consent Decree - an agreement between both parties in a lawsuit that binds them and
determines their rights and obligations. While made under sanction of the court, it does not
bind the court, and it is not a judicial sentence.

Continuing Appropriation - statutory authority for the Comptroller and Treasurer to spend
funds in the event the legislature fails to appropriate or appropriates an insufficient amount for

SECTION 12. APPENDICES Page 175

a specified purpose. Examples of continuing appropriations are for debt service on state bonds
or payments to the State retirement systems.

Contractual Services - line item for services provided by a non-state employee or vendor
including, utilities; medical services for those in institutions; professional, technical or artistic
consulting; and property and equipment rental.

Death Benefit - A benefit payable by reason of a member's death. The benefit can be in the
form of a lump sum, an annuity or a refund of the member's contributions.

Debt Service - payment of principal, interest and other obligations associated with the
retirement of debt.

Dedicated Funds - revenues assessed and collected for a specific state program.

Deferred Annuity - An annuity for which payments do not commence until a designated time
in the future.

Deferred Compensation - Considerations for employment that are not payable until after the
regular pay period. The most common form of deferred compensation are pension plans, but
private employers may also offer bonuses, incentive clauses, etc.

Defined Benefit Plan (DB) - A pension plan providing a definite benefit formula for calculating
benefit amounts - such as a flat amount per year of service; a percentage of salary; or a
percentage of salary, times years of service.

Defined Contribution Plan (DC) - A pension plan in which the contributions are made to an
individual account for each employee. The retirement benefit is dependent upon the account
balance at retirement. The balance depends upon amounts contributed during the employee's
participation in the plan and the investment experience on those contributions.

Disability Retirement - A termination of employment involving the payment of a retirement

allowance as a result of an accident or sickness occurring before a participant is eligible for
normal retirement.

Divisions - organizational units within agencies designated as such for programmatic or

administrative convenience.

Education Assistance Fund - one of seven funds that comprise the state General Funds. It is
used to fund Elementary, Secondary and Higher Education. It receives 7.3 percent of the state
income tax net of refunds, as well as wagering taxes paid to the State by riverboat casinos.

Electronic Data Processing - line item for lease or purchase of computer or other data
processing equipment and related services including supplies, services and personnel.

SECTION 12. APPENDICES Page 176

Employee Retirement Contributions Paid by State (Pension Pick-Up) - line item for
payment of an employee's required contribution to the State Employees' Retirement System,
which an agency has chosen or contracted to make on behalf of the employee.

Entitlement - program benefits that must be provided in a timely fashion to those who meet
eligibility criteria and that may not be taken away without due process.

Equipment - line item for non-consumable items of tangible personal property used in
connection with current agency operations; for instance office furniture, vehicles or machinery,
and scientific or other major instruments and apparatus.

Executive Branch - distinguished from the legislative and judicial branches of state
government, it is charged with the detail of carrying out and effectuating the law through the
day-to-day operations and activities of state government. The Governor, as chief executive
officer of the State, is responsible for the operation and administration of state agencies.

Executive Order - a decree or mandate issued by the Governor for the purpose of interpreting
or implementing a provision of the law. Executive orders often are used to reorganize and
assign functions among executive agencies, create advisory and special commissions and boards
or direct state agencies regarding policy.

Expenditure - state spending. Agencies submit vouchers to the Comptroller's Office, which
prepares a state check (warrant) and maintains accounting records. Warrants are presented to
the Treasurer, who maintains and invests state funds.

Federal Aid - funding provided by the federal government.

Fiduciary - (1) Indicates the relationship of trust and confidence where one person (the
fiduciary) holds or controls property for the benefit of another person; (2) anyone who exercises
power and control, management or disposition with regard to a fund's assets, or who has
authority to do so or who has authority or responsibility in the plan's administration. Fiduciaries
must discharge their duties solely in the interest of the participants and their beneficiaries, and
are accountable for any actions which may be construed by the courts as breaching that trust.

Fiscal Year - Illinois state government's fiscal year is July 1 through June 30. This is the period
during which obligations are incurred, encumbrances are made and appropriations are
expended. The federal government's fiscal year is October 1 through September 30.

Full Faith and Credit - a pledge or promise to repay general obligation debt; typically includes
all of an issuer's taxing powers.

Full-Time Equivalent - a calculated measure of full-time employment for comparison

purposes, in which each full-time employee works 37.5 hours per week for 52 weeks per year.

Fund - an account established to hold money for specific programs, activities or objectives.

SECTION 12. APPENDICES Page 177

Funded Ratio - The ratio of a plan’s current assets to the present value of earned pensions.
There are several acceptable methods of measuring a plan’s assets and liabilities. In financial
reporting of public pension plans, funded status is reported using consistent measures by all
governmental entities. According to the Government Accounting Standards Board (GASB), the
funded ratio equals the actuarial value of assets divided by the actuarial accrued liability.

General Accounting Standards Board (GASB) - This governmental agency sets the
accounting standards for state and local government operations.

General Funds - (usually lower-case) refers to the following group of funds, inclusively: the
General Revenue Fund, the Education Assistance Fund, the Common School Fund, the General
Revenue - Common School Special Account Fund, the Fund for the Advancement of Education,
the Commitment to Human Services Fund, and the Budget Stabilization Fund.

General Obligation Bonds - bonds issued for capital purposes as direct legal obligations
secured by general tax revenues and guaranteed by the full faith and credit of the State.

General Revenue - Common School Special Account Fund - one of seven funds that comprise
the state General Funds. It is used for accounting purposes to receive 25 percent of state sales
tax and subsequently transfer these moneys to the Common School Fund.

General Revenue Fund - the largest of seven funds that comprise the state General Funds. It
receives the majority of undedicated tax revenues, mostly income and sales taxes, for use
generally to operate and administer state programs.

General State Aid - an unrestricted formula-driven grant that comprises the largest portion of
state assistance to local school districts. The amount of funds a district receives depends on its
financial need measured by three factors: its average daily attendance, its equalized assessed
valuation of property and its local tax measured by its statutory tax rate.

Grant - an award or contribution to be used either for a specific or a general purpose, typically
with no repayment provision.

Group Insurance - line item for life and health insurance program for all state employees,
retirees and their dependents.

Headcount - a statement of the number of employees for some period of time, typically either
the actual number of staff working or a calculated full-time equivalent.

Highway Fund - a fund that receives special dedicated revenues related to transportation; for
example, the motor fuel tax or federal highway trust funds, to be used to support the
construction and maintenance of transportation facilities and activities.

Hiring Lag – the savings in personal services and benefits associated with the time period
between an employee leaving the job and a replacement being hired.

SECTION 12. APPENDICES Page 178

Illinois FIRST - a $12 billion, multi-year public works initiative begun in 1999 and funded by
a combination of local, state and federal resources.

Income Tax Surcharge - a temporary increase of 0.5 percent in the state personal income tax
and 0.8 percent in the corporate income tax established in July 1989 to fund education, local
governments and property tax relief. Subsequently, in July 1991, one-half of the surcharge was
made permanent and dedicated to education. The remaining one-half was made permanent in
July 1993.

Individual Retirement Account (IRA) - A retirement account to which an individual can make
annual tax-deductible contributions according to annual limits that are specified by the Internal
Revenue Service.

Infant Mortality - measure of infant deaths during the first year of life per 1000 live births.

Judicial Branch - distinguished from the legislative and executive branches of state
government, it is charged with interpreting and applying laws.

Lapse - the portion of an appropriation that is not spent during the authorized period, typically
the fiscal year, including the lapse period.

Lapse Period - the two-month period following the fiscal year (July 1 to August 31) when
agencies can liquidate liabilities incurred before the end of that fiscal year (June 30). Public
Act 89-511, effective in fiscal year 1997, reduced the lapse period from three months to two
months. The lapse period for a fiscal year has been extended by new legislation numerous
times since then but that has been done on an individual fiscal year basis.

Lapse Period Spending - spending that occurs during the lapse period from the previous year's
appropriation.

Legislative Branch - distinguished from the judicial and executive branches of state
government, it is charged with making and enacting the law, including appropriations.

Legislative Transfer - reallocation of appropriation amounts among line items by the General
Assembly during the fiscal year. Distinguished from a two- percent transfer, which may be
accomplished by the executive branch without participation of the legislative branch.

Line Item - specific purpose of an appropriation; for instance, personal services, retirement,
printing or travel.

Liquidate - to settle or pay a debt or to convert assets into cash.

Local Government Distributive Fund - receives 1/10 of the income tax proceeds to the
General Funds, via a transfer, for distribution to units of local government based on population.
Funds may be used for any purpose.

SECTION 12. APPENDICES Page 179

Lump Sum - appropriation line for a general program purpose without specific line items
identified.

Managed Care - the process of coordinating and controlling all services provided to a client
to assure efficient and effective results.

Mandate - a law or regulation that generally should be followed, whether or not funding is
provided. The State Mandates Act permits certain regulations and laws to be ignored if funding
is not provided.

Match - contribution to program required to receive a program grant, may be either money,
"hard match", or services, "soft match".

Medicaid - public assistance financed jointly by the state and federal governments to provide
medical care for individuals who meet certain eligibility criteria.

Moral Obligation - a duty that is not binding or enforceable by law, typically debt service on
bonds issued by others that the state agrees to consider funding if the issuer is unable to pay.
There is no legal guarantee the state will make such payments.

Normal Cost - Computed differently under different funding methods, the normal cost
generally represents the portion of the cost of projected benefits allocated to the current plan
year. The employer normal cost equals the total normal cost of the plan reduced by employee
contributions.

Other Funds - all state and federal funds except the seven General Funds.

Other Operations - administrative non-grant expenses of state agencies except salaries and
payments for fringe benefits; for example, contractual services, travel, printing and
telecommunications.

Pension - A series of periodic payments, usually for life, payable monthly or at other specified
intervals. The term is frequently used to describe the part of a retirement allowance financed
by employer contributions.

Pension Benefit Obligation (PBO) - The portion of the Actuarial Present Value of future
benefits attributable to service credit that has been earned to date (past service).

Per Diem - by the day. An amount of so much for each day.

Performance Measure - information or data used to determine the quality and outcomes of
state services; for instance, the number of people who receive jobs following job counseling
and employment services or the number of people who remain off drugs following treatment
services.

SECTION 12. APPENDICES Page 180

Personal Services - line item for salary payments to employees. Phase-In -staged expenditure
pattern, such as initiating a program, hiring employees or opening an institution over time (see
Annualize).

Pilot Program - tentative model for future full scale development, typically a program operated
in a limited area or targeted to a limited population to analyze its effectiveness before expanding
its scope.

Position Title - name and description of a job.

Present Value - The current worth of an amount or series of amounts payable in the future,
after discounting each amount at an assumed rate of interest and adjusting for the probability
of its payment or receipt.

Printing - line item for contractual services, materials and supplies used to produce and print
information; for example, letterhead stationery, annual reports and forms.

Program Area - major organizational categories of state government, including education,

human services, public safety, environment and business regulations, economic development
and infrastructure and government services.

Rate of Return - The ratio of money gained or lost on an investment relative to the amount of
money invested.

Real Rate of Return - The rate of return above inflation.

Reappropriation - an unspent appropriation that continues into the next fiscal year, typically
for a capital or other multi-year project or liability.

Recommended - Governor's budget requests presented to the General Assembly for its
approval.

Refunding Bonds - bonds issued to refinance other outstanding bonds, which generally were
originally issued at higher interest rates.

Refunds - line item for return of funds to the rightful owner, typically return of overpaid taxes
or fees.

Repair and Maintenance - line item for upkeep, restoration and improvement of equipment
and facilities in connection with current agency operations.

Reserve - portion of appropriation intentionally set aside and not spent, either to increase lapse
or as a contingency for increased liabilities in other line items.

Resources - all assets available for use by agencies, whether appropriated or not.

SECTION 12. APPENDICES Page 181

Retirement - line item for employer's share of contributions to the state retirement system.

Revenues - receipts from taxes, fees, assessments, grants and other payments used to fund
programs.

Revolving Funds – Funds that receives intergovernmental payments charged for providing
central operational services, such as computer, purchasing, state garage and
telecommunications.

Road Fund - receives motor fuel tax and other transportation-related revenues for use to
operate the Department of Transportation, Illinois State Police and the Secretary of State's
Office and to build and maintain roads, bridges and other transportation facilities.

Social Security - line item for employer's share of contributions to the Federal Insurance
Contributions Act (PICA) tax.

Special State Funds - Those funds designated in Section 5 of the Finance Act as special funds
in the State Treasury and not elsewhere classified.

State Agency - government organization created by statute to administer and implement

particular legislation.

Statute - a law enacted by the General Assembly and approved by the Governor.

Substitute Care - a program to place children away from their families in foster homes or
residential facilities.

Supplemental Appropriation - additional spending authority given by the General Assembly

during the fiscal year, following passage of the initial budget.

Transfer - reallocation of resources, typically movement of money from one fund to another
or shift of appropriation authority among line items by the legislative or the executive branch.

Trust Fund - receives revenues assessed and collected for a specific state program.

Two Percent Transfer - reallocation of appropriation amounts by the Governor during the
fiscal year. Limited to two percent of an agency's appropriation by fund for specific operations
lines. Distinguished from a legislative transfer, which requires approval by the legislative
branch.

Unfunded Actuarial Accrued Liability (UAAL) - The excess, if any, of the Actuarial Accrued
Liability over the Actuarial Value of Assets. In other words, the present value of benefits
earned to date that are not covered by current plan assets.

SECTION 12. APPENDICES Page 182

Unfunded Liability - The excess, if any, of the pension benefit obligation over the valuation
assets. This is the portion of all benefits earned to date that are not covered by plan assets.

Valuation Rate of Return - The expected rate of return on new money invested in the future,
and the rate at which future liabilities and assets are discounted back to the valuation date.

Voids - checks (warrants) that are not cashed.

Voucher - document requesting payment submitted to the Comptroller, who then writes and
issues a warrant.

Warrant - check issued by the Comptroller to a third party who cashes it with the Treasurer.

Zero Coupon Bonds - bonds without interest coupons for semi-annual payment. Interest
accrues over the life of the bond and is paid on maturity along with the principal.

SECTION 12. APPENDICES Page 183

 APPENDIX B. DESCRIPTION OF FUNDS
There are over 970 funds in the Illinois accounting system. These funds are separated into two
categories -- Appropriated and Non-Appropriated Funds.
The Appropriated Funds category is further broken into eight fund groups: General, Highway,
Special State, Bond Financed, Debt Service, Federal Trust, Revolving and State Trust Funds.
The Non- Appropriated Funds category is composed primarily of Federal and State Trust Funds,
but includes a few Special State Funds also.
General Funds receive the major portion of tax revenues and pay for the regular operating and
administrative expenses of most state agencies. Components of the General Funds are the General
Revenue Fund, the Education Assistance Fund, the Common School Fund, the General Revenue-
Common School Special Account Fund, the Fund for the Advancement of Education, the
Commitment to Human Services Fund, and the Budget Stabilization Fund.
Highway Funds receive and distribute special assessments related to transportation, such as the
motor fuel tax, and support the construction and maintenance of transportation facilities and
activities of the State.
University Funds receive revenues such as fees, tuition and excess income from auxiliary
enterprises at state universities and colleges, including related foundations and associations. Prior
to fiscal year 1998, the General Assembly appropriated these funds for the support, operation
and improvement of state-supported institutions of higher education. Starting in fiscal year 1998,
the university funds became locally held funds and, together with other funds administered by
the universities, are not subject to appropriation.
Special State Funds are designated in Section 5 of the Finance Act as special funds in the State
Treasury and not elsewhere classified. They represent a segregation of accounts restricted to the
revenues and expenditures of a specific source.
Bond Financed Funds receive and administer the proceeds of various state bond issues.
Debt Service Funds account for the resources obtained and accumulated to pay interest and
principal on debt obligations.
Federal Trust Funds are established pursuant to grants and contracts between state agencies and
the federal government. The funds are administered for specific purposes established by the
terms of the grants and contracts.
Revolving Funds finance the operations of state agencies that render services to other state
agencies on a cost reimbursement basis. Appropriation of these funds is dependent upon intra-
governmental service requirements and appropriations of other state agencies.
State Trust Funds are established by statute or under statutory authority for specific purposes.
Other Trust Funds receive and account for resources for subsequent disbursement to a
designated recipient. Escrow funds are an example of an Other Trust Fund.

SECTION 12. APPENDICES Page 184

 APPENDIX C. TAX RATE HISTORY OF MAJOR REVENUE SOURCES
Year Personal Income Tax Corporate Income Tax Sales Tax
1933 2.00%
1935 3.00%
1941 2.00%
1955 2.50%
1959 3.00%
1961 3.50%
1967 4.25%
1969 2.50% 4.00% 4.00%
1983 3.00% 4.80%
1984 2.50% 4.00% 5.00%
1989 3.00% 4.80% 5.00%
1990 6.25%*
2011 5.00% 7.00%
2015 3.75% 5.25%
2017 4.95% 7.00%
Current Rate 4.95% 7.00% 6.25% *
*The 6.25% sales tax rate is a combined state-local rate. The State keeps 80% (the first 5 cents per
$1.00) and transfers the other 20% (1.25 cents per $1.00) to local governments.
The year referenced in this table refers to the calendar year the change was made, though actual
implementation dates may vary within that year. For information on these and other state taxes, please
refer to the CGFA Illinois Tax Handbook for Legislators which can be found at
https://www.ilga.gov/commission/lru/2022TaxHandbook.pdf.

SECTION 12. APPENDICES Page 185

 APPENDIX D. COMPOSITION OF INCOME TAX NET REVENUES
FY 2010 - FY 2022*
$ in billions
$40.0
COVID-19 Impact
(FY20/FY22):
** See Note Below
$35.0
Transition to Higher Tax Rates
P.A. 100-0022 $32.2
(July 2017):
Personal: 3.75% to 4.95%
$30.0 Corporate: 5.25% to 7%
$27.8 $5.8
Transition to Reduced Tax Rates
Transition to Higher Tax Rates (Jan 2015):
P.A. 96-1496 Personal: 5% to 3.75% $3.8
$25.0 (Jan 2011): Corporate: 7% to 5.25%
Personal: 3% to 5% $23.0
Corporate: 4.8% to 7% $21.8
$20.9 $2.6
$19.7 $19.8 $2.2
$20.0 $18.6 $2.2
$18.0
$3.2 $3.2
$2.5 $2.7 $15.8
$15.0
$15.0 $2.0 $1.3
$13.1
$26.4
$1.9 $24.0
$9.9 $20.4
$10.0 $18.7 $19.6
$1.4
$16.5 $16.6 $15.9
$15.5
$13.8 $13.7
$11.2
$5.0
$8.5

$0.0
FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022

Personal income Tax Revenues (Net of Refunds) Corporate Income Tax Revenues (Net of Refunds)
* Nongeneral fund distribution subtractions to the Fund for Advancement of Education (thru FY17), Commitment to Human Services Fund (thru FY17), and the Local Government Distributive Fund (FY18+) are not
applied to these figures.

SECTION 12. APPENDICES

** Due to the COVID-19 pandemic, the Tax Year 2020 tax deadline was moved from April 2020 to July 2020, thereby causing an estimated $1.3 billion in net final tax payments typically receipted in FY 2020 to instead fall
into FY 2021 (giving FY 2021 two periods of final payments). In addition, in anticipation of lower tax liability due to the uncertainties of the pandemic, estimated tax payments during Tax Year 2020 were lower than
normal. As revenues outpaced expectations, higher than normal final payments were necessary to make up for these shorted estimated payments. The combination of these factors resulted in FY 2021 income tax receipts
being abnormally high. FY 2022 revenues again surpassed expectations due to a combination of revenue enhancing factors including an influx of pandemic-related federal stimulus dollars to the nation's economy and
strong market conditions as a result of this activity. This created elevated levels of taxable income from corporate profits and capital gains, thereby providing another significant increase in tax revenues.

Page 186
 COMMISSION OVERVIEW

The Commission on Government Forecasting & Accountability is a bipartisan legislative support service agency
responsible for advising the Illinois General Assembly on economic and fiscal policy issues and for providing
objective policy research for legislators and legislative staff. The Commission’s board is comprised of twelve
legislators—split evenly between the House and Senate and between Democrats and Republicans. Effective
December 10, 2018, pursuant to P.A. 100-1148 the former Legislative Research Unit was merged into the
Commission.

The Commission has three internal units––Revenue, Pensions, and Research, each of which has a staff of
analysts and researchers who analyze policy proposals, legislation, state revenues & expenditures, and benefit
programs, and who provide research services to members and staff of the General Assembly. The
Commission’s staff fulfills the statutory obligations set forth in the Commission on Government Forecasting
and Accountability Act (25 ILCS 155/), the State Debt Impact Note Act (25 ILCS 65/), the Illinois Pension
Code (40 ILCS 5/), the Pension Impact Note Act (25 ILCS 55/), the State Facilities Closure Act (30 ILCS
608/), the State Employees Group Insurance Act of 1971 (5 ILCS 375/), the Public Safety Employee Benefits
Act (820 ILCS 320/), the Legislative Commission Reorganization Act of 1984 (25 ILCS 130/), and the Reports
to the Commission on Government Forecasting and Accountability Act (25 ILCS 110/).

• The Revenue Unit issues an annual revenue estimate, reports monthly on the state’s financial
and economic condition, and prepares bill analyses and debt impact notes on proposed
legislation having a financial impact on the State. The Unit publishes a number of statutorily
mandated reports, as well as on-demand reports, including the Monthly Briefing newsletter
and annually, the Budget Summary, Capital Plan Analysis, Illinois Economic Forecast Report, Wagering
in Illinois Update, and Liabilities of the State Employees’ Group Insurance Program, among others. The
Unit’s staff also fulfills the agency’s obligations set forth in the State Facilities Closure Act.
• The Pension Unit prepares pension impact notes on proposed pension legislation and
publishes several statutorily mandated reports including the Financial Condition of the Illinois State
Retirement Systems, the Financial Condition of Illinois Public Pension Systems and the Fiscal Analysis of
the Downstate Police & Fire Pension Funds in Illinois. The Unit’s staff also fulfills the statutory
responsibilities set forth in the Public Safety Employee Benefits Act.
• The Research Unit primarily performs research and provides information as may be
requested by members of the General Assembly or legislative staffs. Additionally, the Unit
maintains a research library and, per statute, collects information concerning state government
and the general welfare of the state, examines the effects of constitutional provisions and
previously enacted statutes, and considers public policy issues and questions of state-wide
interest. Additionally, the Unit publishes First Reading, a quarterly newsletter which includes
abstracts of annual reports or special studies from other state agencies, the Illinois Tax
Handbook for Legislators, Federal Funds to State Agencies, various reports detailing appointments to
State Boards and Commissions, the 1970 Illinois Constitution Annotated for Legislators, the Roster
of Illinois Legislators, and numerous special topic publications.

Commission on Government Forecasting & Accountability

802 Stratton Office Building
Springfield, Illinois 62706
Phone: 217.782.5322
Fax: 217.782.3513
http://cgfa.ilga.gov