Fiscal watchdog slams 'unrealistic' cuts in proposed Illinois budget
This article covers the FY2016 Recommended Budget Analysis released by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability on May 7. The analysis…
This article covers the FY2016 Recommended Budget Analysis released by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability on May 7. The analysis…
This segment reports on recent proposals for a casino in the City of Chicago intended to generate revenue for the City, primarily to pay down unfunded pension liabilities. The Civic Federation said it is unclear how much revenue a new…
This article looks at the growth of CountyCare, Cook County’s initiative to provide Medicaid coverage for low-income adult patients who are currently uninsured. The Civic Federation said the expansion of CountyCare and the resulting…
An Illinois Supreme Court decision overturning legislation to reduce the State’s massive pension costs will add to the difficulty of creating a balanced operating budget for the year that begins on July 1, 2015. The high court…
Urges General Assembly to Identify Alternate Plan for Closing $6.2 Billion Budget Gap In a new report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability opposes Governor Rauner’s recommended budget for…
The Civic Federation opposes Governor Bruce Rauner’s recommended budget for FY2016 because it relies heavily on projected savings that do not appear to be achievable or prudent in light of the State of Illinois’ obligations and long-term…
This segment discusses a fiscal roadmap for reform announced by Mayor Emanuel to the Board of Directors of the Civic Federation on April 29. Civic Federation President Laurence Msall said the City will require more revenue to achieve the…
This article covers an announcement by Mayor Emanuel on April 29 that outlined steps the city will take in the next four years to address Chicago’s biggest financial challenges. These steps include ending the use of…
This panel discussion focuses on the State of Illinois’ nearly 800 funds, many of which do not receive the same level of scrutiny as the general funds portion of the budget. The special funds…