Series of November 2019 Capital Bonds
SEAL
THE STATE
REBUILD
ILLINOIS
The State's $45 billion six-year capital plan is the largest infrastructure
investment in Illinois history, creating jobs, repairing roads and bridges
and building major projects that are essential to Illinois' future
The Rebuild Illinois plan includes:
New bonded appropriations totaling $20.8 billion
Pay-as-you-go totaling $10.4 billion
Federal and local matches totaling $13.6 billion
Prior year capital projects received reappropriations totaling $6.4 billion
in bonded funds and $7.6 billion in pay-as-you go funds
REBUILD ILLINOIS BY CATEGORY
($ MILLIONS)
OF ILLINOIS
AUG 94 1818
Transportation,
$33,243,74%
REVENUE SOURCE
ANNUAL STATE
REVENUE - full
implementation
($ in millions)
Motor Fuel Tax *
Vehicle Registration Fees
Tiered Title and Registration Fees
Special Fuels Tax
ssst es
$
590
$
479
$
196
$
78
Reallocate Sales Tax from Motor
Fuel **
Gaming
$
600
***
Parking Garage Tax
Traded in Property Exemption
Net Cigarette Tax****
Sales Tax Parity
ESTIMATED TOTAL
sssssssss
$
350
$
60
$
40
$
160
$
200
$
2,753
Economic &
Community
Development,
$1,848,4%
Higher Education,
$2,938,7%
PreK-12
Education, $526,
1%
State Facilities,
$4,357, 10%
Environment/
Conservation,
$1,007, 2%
Broadband
Development,
Healthcare &
$420,1%
Human Services,
$465,1%
*The Motor Fuel Tax will increase annually based on the Consumer Price Index. Number
above reflects state share, while local governments will receive approximately $650
million annually.
**Beginning in FY2022, 1% of the 5% state tax on motor fuel purchases will shift from a
deposit into the General Funds to the Road Fund annually, with the full 5% deposited
into the Road Fund by FY2026.
***Gaming includes $350M in recurring annual revenue at full implementation
between casinos, video gaming and sports wagering. Upfront license fees associated
with gaming expansion will be dedicated to pay-go Rebuild Illinois projects.
****Net increase for the State from the increase, resulting in $246 million to be
deposited into the Capital Projects Fund
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