SPRINGFIELD – State Representative Keith Wheeler (R-Oswego) has been appointed to serve as the point person for House Republicans in working with the Governor’s Office and the Commission on Government Forecasting and Accountability (COGFA) to fulfill the constitutional mandate of generating a revenue estimate on which to base the state budget for FY 2019 this spring. The announcement was made Wednesday in a letter to House Speaker Michael Madigan from House Republican Leader Jim Durkin (R-Western Springs).
Illinois currently has nearly $8.3 billion in unpaid bills and a structural FY18 budget deficit of $1.7 billion. The Illinois Constitution requires the General Assembly to adopt a revenue estimate on which to pass a balanced state budget, based on projected tax revenue and funds owed to Illinois from the federal government.
“Agreeing on a bipartisan revenue estimate is the first and most important step in the budget process,” said Representative Wheeler. “Unfortunately, the General Assembly has failed to meet this fundamental responsibility each year since before I first came to Springfield. We have an opportunity to not repeat that same mistake again this year; and instead demonstrate to Illinois families our commitment to work together to pass a state budget that lives within our means and respect taxpayers.”
A copy of the letter from Leader Durkin to Speaker Michael Madigan on this issue is below.
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