Government Budgets

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Civic Fed gives tepid marks to Emanuel’s 2015 budget

This article discusses the Civic Federation’s analysis of the FY2015 City of Chicago budget. The Civic Federation supports the budget for its structural…

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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…

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Civic Federation Supports Proposed FY2015 Chicago Budget

Recent Progress Threatened by Pension Funding Crisis, Borrowing for Operations In a report released today, the Civic Federation announced its support for the City of Chicago’s proposed FY2015 operating budget of $7.3 billion but expressed…

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City of Chicago FY2015 Proposed Budget: Analysis and Recommendations

The Civic Federation supports the City of Chicago's proposed $7.3 billion budget because it reflects both reasonable structural changes and significant actions toward long-term stability, including the 2014 pension reform law for the City'…

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Budgetary Gimmicks Allow Spending Increases in State’s FY2015 Budget

As previously discussed here, the enacted FY2015 budget for the State of Illinois includes several budgetary gimmicks intended to make up for the loss of revenues…

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Chicago mayor mum on looming pension issues in budget address

This article discusses Mayor Rahm Emanuel’s FY2015 Budget announcement for the…

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State of Illinois Education Funding: Analyzing Trends

Whether the State of Illinois has spent more or less on education in the last five years has recently been the subject of intense debate…

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Another Report Maligns Illinois' Budget

(The full content of this article is only available to the publication’s subscribers.) This article discuses findings in the FY2015 State of Illinois Enacted Budget

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Illinois budget to increase unpaid bills to $6.4 bln –report

This article reviews the FY2015 State of Illinois Enacted Budget analysis by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability. The analysis found the…

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State of Illinois Enacted FY2015 Budget: A Review of the Operating and Capital Budgets for the Current Fiscal Year

This analysis finds that the State of Illinois' FY2015 enacted budget represents a return to unsustainable fiscal practices including borrowing for operations and underfunding known costs. This spending plan will increase Illinois’ backlog…