But there are solid estimates available. For the fiscal year 2019 state budget, the Commission on Government Forecasting and Accountability estimates Illinois will have about $37.86 billion in revenue; the Governor’s Office of Management and Budget predicts about $37.96 billion.
There hasn’t been much progress, at least publicly, on next year’s budget by the General Assembly. We know a budget deal typically comes together behind closed during the final days lawmakers are in Springfield. But after the two-year budget impasse and last year’s overtime sessions to get this year’s fiscal plan approved, lawmakers could aim to regain a measure of trust back from wary Illinoisans by providing a sense of where the process is headed. Read the rest of the SJ-R editorial.