SPRINGFIELD - Although it won't pull Illinois out of its financial quagmire, the state has received nearly $2 billion in federal stimulus money through mid-June.

That amount is about on pace with earlier projections, but represents less than half of what the state is expected to receive in the coming months.

The figure is part of a recent state accounting of federal dollars received through June 15 under the American Recovery and Reinvestment Act, the federal program designed to help pull the economy out of the doldrums.

It comes as Illinois lawmakers are poised to return Tuesday to take another shot at finalizing a spending plan for the fiscal year that begins July 1. In addition to tapping the federal programs for added cash, Gov. Pat Quinn wants to raise income taxes to help close a $11.6 billion budget deficit.

Analysts caution that the federal stimulus money can't replace the ongoing shortfall in revenue in other major state funds.

"With only one month remaining in the fiscal year, despite $1.093 billion in direct federal stimulus monies, overall base revenues are down $806 million," noted Jim Muschinske, revenue manager for the Commission on Government Forecasting and Accountability, which provides financial forecasts for the General Assembly.

In all, the recession-battered state is expected to receive at least $5 billion in federal stimulus money for programs benefiting seniors, poor people, schools and transportation.

Illinois' biggest chunk of federal cash -$828 million -has gone to state health care programs for the poor.

That follows a national trend in which most of the money directed toward states will go to existing government programs for health, unemployment benefits and food stamps.

Education gets another big chunk of the money. In Illinois, $831 million has already gone to school districts across the state.

The figures don't count $413 million for so-called "shovel ready" road construction projects, many of which haven't yet gotten underway.

And, it also doesn't count money Illinois could receive if it is chosen as one of the states where high-speed passenger rail expansion will take place.