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1
SENATE JOINT RESOLUTION

 
2    WHEREAS, Under subsection (b) of Section 2 of Article VIII
3of the Illinois Constitution, appropriations for a fiscal year
4shall not exceed funds estimated by the General Assembly to be
5available during that year; therefore, be it
 
6    RESOLVED, BY THE SENATE OF THE ONE HUNDREDTH GENERAL
7ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF REPRESENTATIVES
8CONCURRING HEREIN, that the Senate estimates the general funds
9to be available during State fiscal year 2018 as follows:
 
 
10Revenue Sources Senate Estimate
 (in millions)
11State Taxes
12Personal Income Tax (net of refunds)$14,151
13Corporate Income Tax (net of
14refunds)$1,567
15Sales Tax$8,380
16Public Utility (regular)$989
17Cigarette Tax$353
18Liquor Gallonage Taxes$173
19Vehicle Use Tax$30
20Inheritance Tax (gross)$280
21Insurance Taxes & Fees$410
22Corporate Franchise Tax & Fees$203

 

 

SJ0041- 2 -LRB100 12900 AXK 26793 r

1Interest on State Funds &
2Investments$32
3Cook County Intergovernmental
4Transfer$244
5Other Sources$551
6Subtotal$27,272
7
8Transfers
9Lottery$719
10Riverboat transfers and receipts$262
11Other$709
12Total State Sources$28,962
13
14Federal Sources$3,111
15
16Total Federal & State Sources$32,073