IL SB3603

Appropriates $463,875,100 total for the Governor's Office of Management and Budget for fiscal year beginning July 1, 2014, comprising $1,568,600 in General Funds and $462,306,500 in Other State Funds.

Allocates $1,568,600 from General Revenue Fund for OMB operational expenses including $1,308,000 for personal services, $101,200 for Social Security contributions, and smaller amounts for contractual services, travel, commodities, printing, equipment, and technology.

Appropriates $1,543,100 from Capital Development Fund for expenses related to sale and administration of General Obligation bonds.

Appropriates $650,000 from Build Illinois Bond Fund and $446,000,000 from Build Illinois Bond Retirement and Interest Fund for bond sale administration and trustee payments under the Master Indenture.

Appropriates $113,400 from School Infrastructure Fund for School Infrastructure Program expenses and $14,000,000 from Illinois Civic Center Bond Retirement and Interest Fund for principal, interest, and premiums on Limited Obligation Revenue bonds.

Requires Governor's written approval before contracts or obligations can be entered into for appropriations in Sections 5, 10, and 15; effective date is July 1, 2014.