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

in Entertainment

Cosby to be deposed in sexual abuse lawsuit


Bill Cosby was expected to testify under oath in a lawsuit brought by a woman accusing the veteran comedian of sexual abuse.

in Entertainment

OPENING WEEKEND: Biopic ‘Steve Jobs’ competes against ‘Pan,’ ‘The Walk’


Here's a look at the movies set to open nationwide this weekend.

in Entertainment

‘Ant-Man’ sequel and three more Marvel movies are coming


The superhero universe will add three more as of yet unnamed movies by 2020.