Capitol Fax.com - Your Illinois News Radar » Question of the day
SUBSCRIBE to Capitol Fax      Advertise Here      About     Exclusive Subscriber Content     Updated Posts    Contact Rich Miller
CapitolFax.com
To subscribe to Capitol Fax, click here.
Question of the day

Tuesday, Mar 1, 2016 - Posted by Rich Miller

* Oy

Legislative analysts predict that Illinois revenue will grow only by $200 million this year — less than 1 percent.

The bipartisan Commission on Government Forecasting and Accountability’s figure released Tuesday is significantly lower than Gov. Bruce Rauner’s prediction. A commission report says the Republican governor counts $925 million in revenue which “can be described in varying degrees from being unlikely to uncertain.” […]

The report says the administration counts on $500 million in federal Medicaid reimbursement under an obsolete formula, $200 million from a possibly complex sale of the Thompson Center state office building in Chicago; and sweeping the state’s “rainy day” fund of $275 million.

* From the full report

GOMB assumes $500 million from the old “spend and reimburse” methodology of Medicare premiums rather than the “off-set” method which has been in effect for a number of fiscal years. At this time, it seems unlikely the old method will be applied again. It should be noted that on a budgetary basis the two methods impact the same—while we get less back under the “off-set” method, we also spend less in a similar amount.

GOMB assumes the receipt of $200 million from the sale of the Thompson Center. History may be a guide in terms of counting on the sale of this property. It may take some time for such a transaction to occur, if at all.

GOMB assumes a one-time non-repayable sweep of the balance in the Budget Stabilization Fund, valued at $275 million. Statutory changes would be required to eliminate repayment provisions.

GOMB assumes in their estimate of “other sources” a change in the distribution of the hotel tax whereby approximately $50 million that normally gets deposited into GRF, instead is directed to the Tourism Promotion Fund. Statutory changes are necessary to enact that proposed change.

* The Question: How should Illinois spend this projected $200 million in shiny, new revenues?

Snark is heavily encouraged, of course.

       

65 Comments
  1. - 47th Ward - Tuesday, Mar 1, 16 @ 3:34 pm:

    Two words: lottery tickets.


  2. - VanillaMan - Tuesday, Mar 1, 16 @ 3:34 pm:

    Everyone gets free Wi-Fi for two months so we can build that smart state with an Internet of things!


  3. - AC - Tuesday, Mar 1, 16 @ 3:35 pm:

    A $15 per person voucher for dairy products, so we can truly be in “deep yogurt”.


  4. - Beaner - Tuesday, Mar 1, 16 @ 3:35 pm:

    The Rauner Wine Institute and Viticulture Center in Charleston Illinois should receive all the money through the Department of Economic Opportunity. Being a vital entrepreneur spirited non-for-profit educational enterprise, only operated for the benefit of more good, there will be no need for any oversight or pesky audits.


  5. - 47th Ward - Tuesday, Mar 1, 16 @ 3:37 pm:

    $200 million might be enough to turn CSU and Eastern into prisons. Just put up some razor wire around the perimeter, bars on the dorm windows, a guard tower in Old Main. Shouldn’t be too hard to do.


  6. - AC - Tuesday, Mar 1, 16 @ 3:37 pm:

    Warning signs at every entrance to the state telling anyone who wants to be in a place with a functional government to “turnaround”.


  7. - Ahoy! - Tuesday, Mar 1, 16 @ 3:38 pm:

    Illinois is the 21st state in the union. Have the governor take the $200 million to the nearest Trump casino and put it all on 21. If we win, it’s about 7.2 billion and our budget problem is solved for a year. If we lose, we wouldn’t have a budget to actually spend the money anyway, so no big deal.


  8. - Downstate - Tuesday, Mar 1, 16 @ 3:39 pm:

    Put it all into the Illinois State Museum. Create a shiny showpiece that we can then franchise to other states. And launch our IPO!


  9. - 47th Ward - Tuesday, Mar 1, 16 @ 3:40 pm:

    Give it all to Griff and let him turn it into a fortune at Citadel…oh, wait. Nevermind.


  10. - Just saying... - Tuesday, Mar 1, 16 @ 3:40 pm:

    Pay back Rauner for the money he has spent on his gubernatorial campaign and subsequent special interest and legislative campaigns. It’s close to the $200 million. Then tell him in Donald Trump words…YOU’RE FIRED! At least then we can say we got a positive rate of return on our investment.


  11. - AC - Tuesday, Mar 1, 16 @ 3:41 pm:

    Expansion of the Roland Burris tomb.


  12. - AC - Tuesday, Mar 1, 16 @ 3:43 pm:

    A grant to resurrect Trump University as a replacement for all the insolvent public universities.


  13. - Old Shepherd - Tuesday, Mar 1, 16 @ 3:44 pm:

    Embroidered Carhartt coats that say, “I supported the Turnaround Agenda and all I got was this lousy coat.”


  14. - JS Mill - Tuesday, Mar 1, 16 @ 3:46 pm:

    social service agencies.


  15. - 47th Ward - Tuesday, Mar 1, 16 @ 3:48 pm:

    12 million “I’m with stupid –>” tee-shirts.


  16. - walker - Tuesday, Mar 1, 16 @ 3:48 pm:

    Prove those doofuses who call government a Ponzi-scheme correct.


  17. - OurMagician - Tuesday, Mar 1, 16 @ 3:49 pm:

    Split between the Illinois Arts Council and the group building the statues of the 3 Governors from Kankakee.


  18. - JS Mill - Tuesday, Mar 1, 16 @ 3:50 pm:

    Sorry, I gave a serious response to a question that was seeking comedy. I just can’t though, apologies to everyone. I constantly have to be the grim reaper, that is all that thousands of people in my district know of me for the last three years. That is not who I am or want to be. I cannot imagine what some of the people working for or leading these social service agencies must be going through. Most of us are not numbers people, we get into these positions to do good things, not hack away at budgets and organizations until there is nothing left. I am too depressed to think of something funny.

    I am truly sorry about that.


  19. - X-prof - Tuesday, Mar 1, 16 @ 3:51 pm:

    Two “I Survived the Rauner Recession” tee-shirts for all the little people (choice of “Hang in there!” or “I’m not cranky” on the back).


  20. - btowntruth - Tuesday, Mar 1, 16 @ 3:54 pm:

    Vouchers for your choice of Dannon or Yoplait yogurts.
    And a free copy of Moby Dick autographed by Governor Ahab.


  21. - Oswego Willy - Tuesday, Mar 1, 16 @ 3:56 pm:

    Changing the signage and branding at every state university left in existence to…

    Rauner University, at “X”…

    Then those places won’t have to worry about funding anymore.

    $200 million should cover it.


  22. - illini - Tuesday, Mar 1, 16 @ 3:56 pm:

    JSMILL - I’m with you, if it is not “too little too late”.


  23. - Precinct Captain - Tuesday, Mar 1, 16 @ 4:00 pm:

    A rocket to blast Rauner and the Superstars to Mars.


  24. - Oswego Willy - Tuesday, Mar 1, 16 @ 4:01 pm:

    Purchase the production rights of “Dad’s Home State”, including any proprietary rights of any of the characters for other productions in the future.

    I’ll give up the rights for $200 million


  25. - AC - Tuesday, Mar 1, 16 @ 4:02 pm:

    A monument to the lost letter ‘G’


  26. - burbanite - Tuesday, Mar 1, 16 @ 4:03 pm:

    Tuition for the Governor to go to Governin’ school and for a first edition copy of “How to win friends and influence people”.


  27. - Beaner - Tuesday, Mar 1, 16 @ 4:05 pm:

    Buy the Governor one of those email things so he can share Cat videos with his wine club buddies.


  28. - How Ironic - Tuesday, Mar 1, 16 @ 4:05 pm:

    FREE MOTORCYCLE TRAINING CLASSES FOR THE MASSES!!!!!!!

    wait…we already to that….


  29. - Anon - Tuesday, Mar 1, 16 @ 4:06 pm:

    Pay raises for the Legislature, a salary for the Governor, and a one-time bonus for all state employees.


  30. - Anonymous - Tuesday, Mar 1, 16 @ 4:10 pm:

    Lots of Forever Stamps for all agencies.


  31. - How Ironic - Tuesday, Mar 1, 16 @ 4:11 pm:

    How much are clues? I think the administration is in desperate need for one.


  32. - Wensicia - Tuesday, Mar 1, 16 @ 4:14 pm:

    Buy the Tribune Tower and turn it into a shelter for the homeless and the mentally/developmentally disabled.

    Yeah, I know it’s valued at $100 million, but doesn’t this state always pay double for what something’s actually worth?


  33. - siriusly - Tuesday, Mar 1, 16 @ 4:14 pm:

    Hi-tech equipment to make all the public universities “Spy Proof”


  34. - RNUG - Tuesday, Mar 1, 16 @ 4:18 pm:

    Buy Rich out of Cap Fax so Rauner’s actions can go undocumented …


  35. - siriusly - Tuesday, Mar 1, 16 @ 4:19 pm:

    U Turn signs placed on all the roads leading into Illinois. TURN AROUND you’re going the wrong way. Bruce Rauner, Governor

    “How do they which way we’re going?”


  36. - Rabid - Tuesday, Mar 1, 16 @ 4:19 pm:

    Golden parachute early retirement for the govenor


  37. - RNUG - Tuesday, Mar 1, 16 @ 4:20 pm:

    Give $1 and an ‘Education is Important’ bookmark to every student.


  38. - siriusly - Tuesday, Mar 1, 16 @ 4:21 pm:

    Update all the state infrastructure so that websites will all have fancy new “Word Clouds”

    Yes Rich, we remember.


  39. - Oswego Willy - Tuesday, Mar 1, 16 @ 4:21 pm:

    Defensive products to stave off Hurricanes


  40. - Rich Miller - Tuesday, Mar 1, 16 @ 4:24 pm:

    ===Yes Rich, we remember.===

    This is why we can’t have nice things.


  41. - sal-says - Tuesday, Mar 1, 16 @ 4:26 pm:

    No /s

    $200M seems like a fair price to buy raunner out of his non-governorship. OR maybe enough to get whats needed to get him recalled. A fair price indeed.


  42. - Anonymous - Tuesday, Mar 1, 16 @ 4:30 pm:

    ==Legislative analysts predict that Illinois revenue will grow only by…less than 1 percent.”

    Start a Kickstarter campaign to generate the remaining 500K, give Rauner his promised 1.4%, and put the TA out of it’s (and our) misery.


  43. - Albany Park Patriot - Tuesday, Mar 1, 16 @ 4:31 pm:

    Diana Rauner needs a DEPUTY chief of staff, too.


  44. - GA Watcher - Tuesday, Mar 1, 16 @ 4:31 pm:

    The Governor should bring a couple more Super Stars onto his staff and/or cabinet. You can never have enough Superstars!


  45. - Huh? - Tuesday, Mar 1, 16 @ 4:38 pm:

    I’d like a new deck, a new cut and a new shuffle.


  46. - BBG - Tuesday, Mar 1, 16 @ 4:42 pm:

    … a brain, a heart and a little humility too!


  47. - Bigtwich - Tuesday, Mar 1, 16 @ 4:48 pm:

    Attorney’s fees.


  48. - Mama - Tuesday, Mar 1, 16 @ 4:59 pm:

    Give the poor state workers a raise!


  49. - illini - Tuesday, Mar 1, 16 @ 5:02 pm:

    SalSays - great idea, but do you realy want Slip and Sue to replace him?


  50. - Stumpy's bunker - Tuesday, Mar 1, 16 @ 5:10 pm:

    Wine club comp’s for “deserving” GOP legislators who have learned proper goose-stepping.


  51. - allknowingmasterofracoondom - Tuesday, Mar 1, 16 @ 5:20 pm:

    A far away vacation island to send all the democrats who flushed this state down the drain. With special all inclusive rates for union bosses.


  52. - Gone, but not forgotten - Tuesday, Mar 1, 16 @ 5:28 pm:

    YOU get a Carhartt — YOU get a Carhartt — YOU get a Carhartt — and on and on until the $200 mil is exhausted –


  53. - @MisterJayEm - Tuesday, Mar 1, 16 @ 5:32 pm:

    “How should Illinois spend this projected $200 million in shiny, new revenues?”

    A special prosecutor.

    – MrJM


  54. - Annonin' - Tuesday, Mar 1, 16 @ 5:46 pm:

    How about an invite to John Flan and Jerry Sterner to sort this out….tee hee


  55. - Judgment Day - Tuesday, Mar 1, 16 @ 6:57 pm:

    01 Build all new schools in Mike Madigan’s district.

    02 An enclosed baseball stadium for the White Sox to take into account their anticipated vast increase in attendance.


  56. - RabidI - Tuesday, Mar 1, 16 @ 7:21 pm:

    Free fishing licenses for residents


  57. - Anonymous - Tuesday, Mar 1, 16 @ 7:22 pm:

    “Fire Madigan” bumper stickers of course


  58. - Arthur Andersen - Tuesday, Mar 1, 16 @ 7:54 pm:

    Annonin’ they will spend half the $$ to tell you to “sell bonds.”

    Let’s build a nice little dirt racin’ track instead.


  59. - Anonymous - Tuesday, Mar 1, 16 @ 8:02 pm:

    –Buy Rich out of Cap Fax so Rauner’s actions can go undocumented …–

    Don’t joke.

    JHC Almighty, don’t give them any ideas.

    Seriously. The Bustout King has friends.

    Like Griff.

    For crying out loud, Gov. Geraci’s poor friend Ferro got Trib Publishing — including Zell’s $8 billion prize of the LA Times — for $44 million.


  60. - Blue dog dem - Tuesday, Mar 1, 16 @ 9:00 pm:

    I would just give it to Mondelez. All $200 mil. If that’s not enough , make the Oreo the state cookie.


  61. - Michelle Flaherty - Tuesday, Mar 1, 16 @ 10:29 pm:

    Give it to Proft. At least someone will have fun with it.


  62. - Rabid - Tuesday, Mar 1, 16 @ 10:48 pm:

    Springfield monorail


  63. - justacitizen - Tuesday, Mar 1, 16 @ 10:57 pm:

    $15 to each of IL approximate 13 million citizens for the “inconvenience” caused by the budget impasse


  64. - Anonymous - Wednesday, Mar 2, 16 @ 6:55 am:

    An 8×10 glossy photo of Bruce and Diana for every home with the words “Bruce has no social agenda” printed on the bottom of the photo.


  65. - downstate commissioner - Wednesday, Mar 2, 16 @ 8:34 am:

    Sorry this is late- A BIG statue of Bruce Rauner, or maybe a whole bunch of them- could put them up wherever a charitable organization or school has been put out of business by Rauner.


Sorry, comments for this post are now closed.


* Reader comments closed for the holiday weekend
* Isabel’s afternoon roundup
* Jack Conaty
* New state law to be tested by Will County case
* Why did ACLU Illinois staffers picket the organization this week?
* Hopefully, IDHS will figure this out soon
* Pete Townshend he ain't /s
* Open thread
* Isabel’s morning briefing
* Live coverage
* Selected press releases (Live updates)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............


Loading


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
August 2024
July 2024
June 2024
May 2024
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
March 2023
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller