Over $34 billion in revenue estimates for state government means cuts in the next budget, according to a vote to accept those estimates in the Illinois House.
A unanimous vote Tuesday approved two resolutions that says the House believes there will be $34.5 billion to spend in the upcoming fiscal year for state government.
The revenue estimates are about $1 billion less than what was estimated last year. It’s unclear where any potential cuts to services may come from. Governor Pat Quinn is set to give a budget address March 18th.
The next fiscal year for the state begins July 1st.