Budget Watch - General Revenue Forecast for FY 2016-17 Wednesday, August 19, 2015 / Categories: Research, Taxpayer Guide State economists predict lawmakers will have $657.5 million more than previously anticipated for the next state budget. The latest General Revenue (GR) forecast shows the state's GR fund is expected to reach $31.6 billion for the 2016-17 budget year. The growing available funds mean recurring revenues exceed current recurring expenses by $1.6 billion. Read more