Issues: Operating Budget
The Civic Federation supports Governor Pat Quinn’s $57.4 billion FY2013 recommended operating budget, because it acknowledges the depth of the State’s financial problems and would put Illinois finances on the road to recovery with major structural reforms to the State’s Medicaid program and pension systems.
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 review of Governor Quinn’s three-year budget plan, a rough five-year budget projection for FY2013 to FY2017 and recommendations for the Governor and General Assembly to improve the state’s financial condition.
The Civic Federation's legislative priorities for 2012 include public pension reform, requiring the State of Illinois to develop and implement a capital improvement plan, dissolving the Illinois International Port District, creating a new governing board for the Cook County Forest Preserve District, requiring all counties to hold budget hearings and large counties to produce timely annual audits, enacting tax increment financing reporting reform, requiring school financial management accountability reforms and authorizing state and local government entities to establish trust funds for the advance funding of retiree health care.
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Governor Pat Quinn released a three-year budget projection for the State of Illinois this week that shows only minor...
The State of Illinois’ 44 regional school superintendents’ offices, which were slated for elimination in...
Largely due to the income tax increase that took effect in January 2011, the State of Illinois’ operating deficit...
The State of Illinois still owes income tax refunds to many businesses, but the backlog declined in the fiscal year...