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Wintrust Business Minute: Illinois closes fiscal year with record $54 billion in revenue
Don Kleppin has the business news of the day with the Wintrust Business Minute.
Illinois closed its fiscal year with a record $54 billion in revenue—$717 million over budget. Strong personal income tax growth led the gains, but officials warn federal cuts could pressure next year’s finances. Comptroller Mendoza added to the state’s rainy day fund and plans early pension payments.
Also, Chicago tech hub 1871 has found a temporary home with research firm Dscout after leaving The MART earlier this year. Listen for more below:
https://serve.castfire.com/audio/7504880/7504880_2025-07-03-174520.64kmono.mp3
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By wgnradio.com
4.5
88 ratings
Don Kleppin has the business news of the day with the Wintrust Business Minute.
Illinois closed its fiscal year with a record $54 billion in revenue—$717 million over budget. Strong personal income tax growth led the gains, but officials warn federal cuts could pressure next year’s finances. Comptroller Mendoza added to the state’s rainy day fund and plans early pension payments.
Also, Chicago tech hub 1871 has found a temporary home with research firm Dscout after leaving The MART earlier this year. Listen for more below:
https://serve.castfire.com/audio/7504880/7504880_2025-07-03-174520.64kmono.mp3
Recent Posts
Wintrust Business Lunch
New Chicago area Jack in the Box locations opening
.cls-4{fill:#000;}
The forecast of the markets the rest of 2025
.cls-7{fill:#fff;fill-rule:evenodd}
CPS layoffs, pros of the CTA & consumer prices rise
.cls-7{fill:#fff;fill-rule:evenodd}
Tariffs, iAsk.ai and Lighting Environments
.cls-7{fill:#fff;fill-rule:evenodd}
Kraft Heinz is mum on reports of breaking up business
.cls-4{fill:#000;}
Click for more
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