Chicago - Gov. Pat Quinn says income tax revenue for 2013 will top forecasts by $1.3 billion. He says he'll put the money toward the billions the state owes in unpaid bills.
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The governor's office said Tuesday the money was a one-time windfall resulting from businesses and individuals selling assets or taking early dividends in anticipation of higher federal tax rates.
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Quinn says the money is welcome but a one-time bump in revenue will not help fix the problem in the long run.
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Illinois owes billions to businesses, charities and local governments performing some of the state's most essential services. The problem adds to the state's huge financial mess, which includes a soaring public pension crisis.
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Quinn said Tuesday the focus must be on "restoring Illinois to full fiscal responsibility."