State stix The comptroller's monthly report showed the general funds average daily available balance in May to be $143 million; the general funds end-of-month balance was $123 million and the combined funds end-of-month balance was $202 million . . . Total cash receipts deposited in all state funds (including earmarked funds which cannot be transferred except by legislative action) increased by $278 million in the first 11 months of fiscal 1978 over comparable receipts last year. Major increases were $173 million in sales taxes and $129 million in income taxes. They were offset by a decrease of $147 million in unemployment trust deposits and $77 million in total receipts from federal sources ... Total spending from "all funds" in 11 months of 1978 increased by only $34 million. An increase in awards and grants was offset by decreases in highway/waterway projects and in general operations ... The maximum lawful interest rate for residential real estate mortgage loans in July is 10 1/4 per cent ... The statewide unemployment rate for June was 5.2 per cent. Final Unemployment rates for April in state's major cities were: Chicago, 5.3 per cent; Bloomington-Normal, 4.3 per cent; Champaign-Urbana, 4.4 per cent; Decatur, 6.2 per cent; Davenport-Rock Island-Moline, 5.0 per cent; East St. Louis area, 5.6 per cent; Kankakee, 7.0 per cent; Peoria, 4.8 per cent; Rockford, 4.8 per cent; Springfield, 5.3 per cent. Statewide rates are seasonally adjusted; city rates are not. 32/August 1978/Illinois Issues
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