Fiscal Fallout No. 1

August 23, 2010

Fiscal Fallout No. 1

The general funds are not the total state budget

The Illinois state budget has well over 600 individual funds, but most discussion involves only the “General Funds.” The Fiscal Futures Project constructs a more inclusive concept, “Consolidated Funds,” which for FY 2009 covers $61 billion in spending from 380 funds, not just the $35 billion in the four general funds. The consolidated measure presents a better picture of the state’s fiscal situation.


(.PDF 111.85 KB)

Research Area: Fiscal and Economic Policy

Policy Initiative: none