Illinois Department of Revenue Director David Harris and Governor’s Office of Management and Budget Director Alexis Sturm present Fiscal Year 2023 revenue estimates to the House Revenue and Finance Committee Thursday.

Illinois budget officials are expecting strong revenue numbers to continue for the remainder of Fiscal Year 2022 and into Fiscal Year 2023, even as the economy stabilizes from bursts of activity as the pandemic wanes. But they also pointed to new economic uncertainty for the United States threatened by potential spillover effects from the war in Ukraine.