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1
HOUSE RESOLUTION

 
2    WHEREAS, The Commission on Government Forecasting and
3Accountability is the highly-respected legislative support
4agency that closely tracks the revenue received by the State of
5Illinois; and
 
6    WHEREAS, The Commission on Government Forecasting and
7Accountability recently released its monthly briefing for the
8month ending April 2014; and
 
9    WHEREAS, In that briefing, the Commission on Government
10Forecasting and Accountability revised its estimate of the
11revenue that will be received into the General Revenue Fund for
12the current Fiscal Year 2014; and
 
13    WHEREAS, That revised revenue estimate is $36,661,000,000;
14and
 
15    WHEREAS, The Illinois House of Representatives passed
16House Resolution 389 on May 31, 2013, establishing an estimated
17revenue figure for Fiscal Year 2014 of $35,446,000,000; and
 
18    WHEREAS, The Fiscal Year 2014 budget that was passed by the
19General Assembly was built on the $35,446,000,000 figure; and
 

 

 

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1    WHEREAS, The new revenue estimate by the Commission on
2Government Forecasting and Accountability is $1,215,000,000
3higher than the revenue estimate on which the budget was
4constructed; and
 
5    WHEREAS, The State is now less than 60 days from the end of
6its current fiscal year, meaning that the agencies and
7departments of government have operated on the budget that was
8enacted in May of 2013; and
 
9    WHEREAS, It is well known that the State has several
10billions of dollars in unpaid old bills which it is obligated
11to pay; and
 
12    WHEREAS, Using the increase in revenues that are now
13estimated to flow into the General Revenue Fund for Fiscal Year
142014 would allow the State to substantially pay down its
15backlog of old bills; therefore, be it
 
16    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
17NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that
18we urge the Comptroller to use all revenues in excess of the
19$35,446,000,000 on which the Fiscal Year 2014 budget was
20constructed to pay outstanding old bills that the State is
21obligated to pay; and be it further
 

 

 

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1    RESOLVED, That this resolution refers to all General
2Revenue funds above the $35,446,000,000 budgeted level that
3have not heretofore been appropriated in supplemental
4appropriations; and be it further
 
5    RESOLVED, That a suitable copy of this resolution be
6presented to the Comptroller of the State of Illinois.