Illinois tax collections in fiscal year 2026 (FY26) continue to outstrip last year’s receipts year-over-year, according to a report published by the Illinois Commission on Government Forecasting and Accountability (CGFA).

Through November, Illinois’ tax revenues are up $1.1 billion (5.6%) for the first five months of FY 26 (July-November). Federal funds received year-over-year by the state declined in November but are still running ahead of FY25 by $48 million (2.8%), per the report.

Year to date through November:

• Personal income tax collections are up $321 million (2.9%)
• Corporate income tax collections are down $79 million (-4.5%)
• Sales tax collections are up $163 million (3.3%)
• Sports wagering tax collections are up $74 million (205.6%)
• Insurance tax and fee collections are up $30 million (13.1%)
• Gaming tax collections are up $51 million (77.3%)
• Estate tax collections are up $162 million (58.7%)

A portion of the higher tax collection rates is attributable to a one-time tax amnesty program that concluded in November.

For more details, the CGFA report can be found here.