* Tina Sfondeles…
If all goes well, the Illinois General Assembly is in a position to pass a budget on Wednesday that Republicans — with Gov. Bruce Rauner’s approval — say is balanced. […]
And a budget summary from Senate Republicans, given a stamp of approval by Rauner’s office, calls the budget “balanced.” That summary touts that it contains no tax increases — a key talking point for both his administration and his re-election campaign. […]
Revenue changes include using a $200 million fund balance from a Refund Fund to offset costs, as well as using $66 million from “higher than expected state investment returns.” The Senate GOP summary also concludes that the sale of the Thompson Center would bring in $300 million. That inclusion has been a point of contention for years, and was also in Rauner’s budget proposal last year. […]
It also includes $500 million for a proposed Discovery Partners’ Institute through the University of Illinois — a project both Rauner and Mayor Rahm Emanuel have touted as a significant addition to the state’s educational landscape.
Money would be included to help build a new Quincy veterans’ home, although the number is not specified in the document.
…Adding… There’s some confusion in comments. Anticipated proceeds from the Thompson Center sale were previously booked as end-of-year surplus cash. They weren’t appropriated. Likely gonna be the same this year. We’ll see.