Government Budgets

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Income Tax Delay Could Boost Illinois’ Bill Backlog

Like most states that levy income taxes, Illinois has followed the federal government in…

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What Limitations do States Face in Addressing a Coronavirus Pandemic Recession?

States are currently facing monumental fiscal challenges posed by the economic and revenue impacts of the coronavirus pandemic. However, their ability to use fiscal policies to address these challenges is quite limited due to structural…

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Best Defense Against Virus Proves Crushing to States' Finances

As state and local governments continued to increase the intensity of their responses to the Covid-19 pandemic, this article examined the effect social distancing and business closures could have on state and local budgets. Civic…

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New Report Shows Potential Virus Impact on Illinois Tax Revenues

The coronavirus could have a devastating impact on the State of Illinois’ tax revenues, according to the first official State report that attempts to quantify the fiscal fallout from the crisis. The…

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Trends in Illinois Department of Corrections Spending and Prison Population

Throughout the United States there is a…

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State of Illinois FY2021 Public Safety Budget Basics

As described in a previous blog post, Governor J.B. Pritzker’s…

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Governor’s FY2021 Budget Relies on Uncertain Graduated Income Tax Revenues

Illinois Governor JB Pritzker’s second budget proposal avoids many of the pitfalls of his…

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How Will Illinois Spend Cannabis Revenues?

In December the Civic Federation explored how Illinois, its local governments and other states tax recreational cannabis. In this…

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How Will Illinois Tax Recreational Cannabis?

UPDATE: The Cook County Board passed ordinance 20…

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Chicago Public Schools Amends FY2020 Budget Based on Contract Agreements Reached with CTU and SEIU

The Chicago Board of Education adopted an amended budget for the Chicago Public Schools (CPS) 2020 fiscal year on November 20, 2019 to account for changes reflected in the collective bargaining agreements reached between Chicago Public…