IIFS Blog Archive: July 2011
In April 2011, State of Illinois officials announced plans to award four new contracts for state employee health insurance to replace existing contracts that were scheduled to expire on June 30, 2011. The Illinois Department of Healthcare and Family Services (HFS) expected savings of approximately...
Governor Pat Quinn’s plan to cancel pay raises for State of Illinois unionized workers due to insufficient funds in the FY2012 budget has hit a major hurdle.
After two consecutive years of losses, the State of Illinois is reporting moderate growth in sales tax revenue for FY2011, which ended on June 30, 2011. Not only did sales tax revenue collected by the State grow but it also beat the projections on which the budget was based.
Governor Pat Quinn signed the State of Illinois’ FY2012 budget on June 30, 2011, a day before the start of the new fiscal year. The FY2012 budget is expected to generate a mountain of unpaid Medicaid bills and a possible court battle over union pay raises.