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July 22, 2014, 12:29 pm
970 WMAY News

State House Estimates Revenue Down $1 Billion


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.

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