In this segment, Civic Federation President Laurence Msall discusses key aspects of the State of Illinois’ FY2018 budget and the challenges the State still faces. He says the most important aspect of Illinois having a budget is that it…
On July 1, 2017, both chambers of the Illinois General Assembly voted to override the Governor’s veto of…
The State of Illinois ended its two-year budget impasse on July 6, 2017, enacting a $36.1 billion spending plan with about $5 billion in tax increases. To break the logjam, the General Assembly narrowly overrode Governor Bruce Rauner’s…
In the following news pieces, Civic Federation President Laurence Msall discusses details of the State of Illinois’ FY2018 budget plan and the impact the budget will have on the State’s finances. He says that the enactment of the State’s…
The following news items cover the release of the Institute for Illinois’ Fiscal Sustainability at the Civic Federation's analysis of Governor Rauner’s FY2018…
Click here to read the full report. The Civic Federation’s Institute for Illinois’ Fiscal Sustainability not able to support…
This article discusses a proposal by Governor Bruce Rauner that would freeze property taxes in Illinois and the financial repercussions it could have on the State’s local governments. Civic Federation President Laurence Msall…
This article discusses a recent Illinois Senate Appropriations Committee hearing where legislators heard testimony regarding the State’s continued spending far in excess of its known revenues due to the absence of a budget. During his…
The Cook County Circuit Court recently ruled that the City of Chicago cannot tax other tobacco products according to Illinois state law. The City’s home rule tax on these products was expected to bring in $6.0 million in revenue. Other…
