Capital

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Editorial: Pot, meet kettle

This editorial reports on findings included in the Civic Federation’s recent analysis of Governor Rauner’s FY2017 proposed budget and…

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Civic Federation rips Rauner budget, declares Illinois finances at 'new low'

This article discusses the Civic Federation’s recent analysis of Governor Rauner’s FY2017 proposed budget for the State of Illinois that…

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Civic Federation Opposes Governor's Recommended Budget

Urges General Assembly and Governor not to pass or sign any appropriations for FY2017 unless part of a comprehensive plan (CHICAGO) – In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability…

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State of Illinois FY2017 Recommended Operating Budget: Analysis and Recommendations

The Civic Federation is unable to support Governor Rauner’s recommended budget for FY2017 because it has an operating deficit of at least $3.5 billion and presents an insufficiently detailed plan for closing the gap. According to the…

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State of Illinois FY2017 Budget Roadmap

Prior to the release of the Governor’s annual budget recommendation, the Institute for Illinois’ Fiscal Sustainability at the Civic Federation releases an analysis of the State of Illinois’ fiscal condition. This report presents the Civic…

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Civic Federation Proposes Comprehensive Plan to Stabilize Illinois Finances by End of FY2019

(CHICAGO) – In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability proposes a comprehensive three-year plan that addresses Illinois’ ongoing financial crisis with painful but necessary spending…

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Illinois Infrastructure Crumbles Amid Budget Warfare

This article reviews a report released by the University of Illinois Institute of Government and Public Affairs on the funding gap facing Illinois’ infrastructure. It cites an…

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Capital Budget Approved But Some Capitol Renovations Nixed

Although the State of Illinois in entering the second month of its new fiscal year without an operating budget, the Governor and General Assembly have agreed on a capital construction budget for fiscal year 2016.   Governor Bruce…

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State Construction and Local Tax Funds Allocated for Illinois Operating Budget

A week after passing legislation to address a $1.6 billion budget deficit before the end of the fiscal year in June, the State swept $300 million into its operating accounts from funds designated to pay for annual transportation…

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State's Operating Budget Continues to Supplement Capital Projects Fund

When the Illinois Jobs Now! capital spending program was approved in 2010 the State also approved a series of dedicated revenue sources intended to fund new borrowing costs outside the State operating budget. As previously sold capital…