Issues: State of Illinois Budget

The IIFS devotes a significant amount of its resources to developing research reports and analyses of Illinois’ operating and capital budgets. The Institute annually produces a Roadmap paper outlining what should the priorities of the Illinois budget should be, analyzes the governor’s proposed budget, and monitors the General Assembly’s budget negotiations through the enactment of a final spending plan. Read the latest budget analyses and commentary here.

Recent Research

  • 05.13.13

    State of Illinois FY2014 Recommended Operating and Capital Budgets: Analysis and Recommendations

    The Civic Federation supports Governor Pat Quinn’s $62.4 billion FY2014 recommended operating budget for balancing revenues and expenditures without borrowing and making progress toward reducing the State’s backlog of unpaid bills. However, this budget proposal is only a stopgap that further demonstrates the urgent need for comprehensive pension reform.

    The State’s pension costs, including debt payments on past borrowing for pensions, will consume nearly 25% of State-source General Funds revenues in FY2014. The Civic Federation continues to urge the General Assembly to enact reforms that will significantly reduce the State’s pension obligations.

  • 02.25.13

    State of Illinois FY2014 Budget Roadmap

    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 FY2014 Roadmap includes a review of Governor Quinn’s three-year budget plan, a rough five-year budget projection for FY2014 to FY2018 and recommendations for the Governor and General Assembly to improve the state’s financial condition.

  • 11.29.12

    The State of Illinois Infrastructure

    This report provides an overview of the condition and funding of Illinois infrastructure based on a compilation of various needs assessments from public agencies that manage infrastructure in the State including the Illinois State Toll Highway Authority, the Regional Transportation Authority, the Metropolitan Pier and Exposition Authority and the Illinois Sports Facilities Authority.