FY27 HOUSE REVENUE ESTIMATE

This bill establishes the Illinois House of Representatives' estimate of available state funds for fiscal year 2027, which serves as the baseline for determining how much money can be spent by the state government that year. By setting a total estimated revenue of $55.5 billion, the measure directly impacts the state budget process by defining the financial limit for future appropriations. The document breaks down these projected funds into specific sources, such as personal income taxes, sales taxes, and fees, while explicitly excluding any additional revenue the Governor might propose. As a procedural step required by state law, the resolution provides the necessary financial data for the General Assembly to draft its budget for the upcoming fiscal year.