IIFS Blog Archive: April 2010
04.29.10
Update on State Borrowing
The Civic Federation recently released its analysis of Governor Pat Quinn’s recommended FY2011 operating and capital budgets for the State of Illinois. One of the Federation’s strongest points of opposition to the proposed $52 billion operating budget was that it relied heavily on...
04.13.10
Governor Proposes Increased State Retiree Contributions to Health Insurance
The State of Illinois currently pays the entire bill for health insurance premiums for 90% of retired state workers. Under Illinois law, retirees with at least 20 years of government service and their survivors do not have to pay any portion of their health insurance premiums.
04.08.10
Recovery Not Enough to Solve State's Fiscal Crisis
Although some national economic indicators suggest that the global recession, which began in December 2007, is showing signs of a gradual recovery, many state budgets are more stressed than ever and have little hope for significant economic gains in the coming fiscal year.