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Government Budgets

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Illinois Faces Financial Disaster; Urgent Need for Medicaid and Pension Reforms

(CHICAGO) The Civic Federation’s Illinois research institute warns that Illinois could face an unprecedented $34.8 billion backlog of unpaid bills if action is not taken immediately by the Governor and General Assembly to stabilize the…

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State of Illinois FY2013 Budget Roadmap: Budget Overview, Projections and Recommendations for the Governor and the Illinois General Assembly

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. The FY2013 Roadmap includes a…

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Two State Facilities to Close in 2012

On January 19, 2012, Governor Pat Quinn announced plans to close a State psychiatric hospital in Tinley Park and a State residential…

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Illinois' Quinn Pressured To Roll Back Tax Increase

This “All Things Considered” segment examines the State of Illinois’ budget one year after last year’s income tax increase. Civic Federation President Laurence Msall said that even with the tax increase the State of Illinois still has an…

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State Closes the Books on Last Year’s Bills

Six months after the end of the last fiscal year, the Illinois State Comptroller is reporting that $5.2 billion of FY2012…

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Illinois’ Bond Sale: Was the Cost Historically Low or Too High?

On January 11, 2012, the State of Illinois sold $800 million of General Obligation bonds to support capital projects. The bond offering included $525 million of tax-exempt bonds, as well as $275 million…

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Library Hours

This panel discussion tackles recent changes to hours at the Chicago Public Library system. Civic Federation President Laurence Msall said that reductions to city services are a necessary part of eliminating Chicago’s deficit. Mr. Msall is…

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Governor’s Three-Year Budget Projections: More Cuts and Looming Deficits

Governor Pat Quinn released a three-year budget projection for the State of Illinois this week that shows only minor improvements in the State’s…

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Civic Federation Blog Provided Local Government Analysis and Recommendations for Fiscal Sustainability in 2011

 In 2011 the Civic Federation blog provided weekly context, information and perspective on government budgets and fiscal issues across Illinois.  Posts in 2011 focused on FY2012 local government budget analysis and the severe…

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IIFS Blog Provided Timely Analysis of 2011 State of Illinois Fiscal Developments

In 2011 the IIFS blog provided weekly context, information and perspective on key fiscal issues in the State of Illinois. Posts in 2011 focused on analysis of FY2012 Illinois budget negotiations, analysis of the ongoing Illinois pension…