News

Senate Approves $34.5 Billion Revenue Estimate

Senate Approves $34.5 Billion Revenue Estimate

Photo: Newsradio WTAX

The Illinois Senate is predicting $1 billion less to spend in the state’s upcoming budget year.

The Senate approved a resolution on a party line vote to set the revenue level at $34.5 billion — about 3 percent less than the number on which the current budget is based.

The House approved the resolution lasts month. It serves as a guide for the budget year that begins July 1. Democrats say the loss of the increased income-tax revenue and increased expenses for essential services would produce a $3 billion hole mid-year.

Recent Headlines

6 hours ago in Local

A Hand Up for Minority Business

local_news_generic

ADME program

6 hours ago in Local

Memorial, St John’s Owed $76M

medical

State budget impasse is to blame

6 hours ago in Local

Opposition Mounts against Dunkin

ken dunkin

Republicans would welcome him

6 hours ago in Local

“Four Tops” Meet This Week

state_capitol_3

Rauner promises, but won't specify, compromises

1 day ago in Local

Chicago Officer Sues Estate of Teen He Shot, Claiming Trauma

wtax 011015

A white Chicago police officer who fatally shot a black 19-year-old college student and accidently killed a neighbor has filed a lawsuit against the teenager's estate, arguing the shooting left him traumatized.