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Website. Official page. The Comptroller of Illinois is a constitutional officer in the executive branch of government of the U.S. state of Illinois. Ten individuals have held the office of Comptroller since the enactment of the Illinois Constitution of 1970, replacing the prior office of Auditor of Public Accounts that was first created in 1799.
The Illinois Department of Revenue must process and approve the state’s annual tax returns before refunds are issued by the Illinois Comptroller’s Office. How quickly Illinois taxpayers get ...
The Treasurer is responsible, pursuant to Article V, Section 18 of the state constitution, for the safekeeping and investment of the monies and securities deposited in the public funds of Illinois. As such, the Treasurer is not the chief financial officer of Illinois. That post is reserved for a separate elected official, the Comptroller. [2]
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The Illinois Department of Revenue ( IDOR) is the code department [1] [2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois ...
As Illinois Comptroller. Hynes was first elected Illinois Comptroller in 1998, at the age of 30. At the time, he was the youngest elected statewide constitutional officer in Illinois, since William Stratton was elected Treasurer of Illinois in 1942. Since first entering office in 1999, he was the first Comptroller to establish a "Rainy Day Fund ...
Tax expenditure. Tax expenditures are government revenue losses from tax exclusions, exemptions, deductions, credits, deferrals, and preferential tax rates. They are a counterpart to direct expenditures, in that they both are forms of government spending . Tax expenditures function as subsidies [1] for certain activities the affect both axis of ...
An increase in teacher salaries was also seen in Illinois, according to the new report. The average teacher salary in Illinois was $73,916 for 2022-2023, a 2.2% increase from 2021-2022 when ...