In a nutshell: Economic growth is expected to continue at the same slow pace. Revised General Fund and School Aid Fund projections increase state revenues by about $500 million over the next two years; a 1 percent increase. Attention turns to the legislat...

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The May Consensus Revenue Estimating Conference increased revenue estimates for the General Fund while decreasing revenue estimates for the School Aid Fund. Typically the May conference sets the stage for the budget process, but uncertainty in federal tra...

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