State of Illinois FY2011 Recommended Operating and Capital Budgets: Analysis and Recommendations
April 26, 2010
The Civic Federation opposes Governor Pat Quinn’s $52 billion FY2011 recommended operating budget for the State of Illinois because it is unbalanced and does too little to address the State’s fiscal crisis. The Governor’s recommended budget borrows billions to pay for operations while continuing to ignore the massive backlog of unpaid bills, which will make the State’s financial condition worse.
Although the Civic Federation is encouraged that Governor Quinn has signed significant pension reform legislation and recommends some reductions in spending, we cannot support his FY2011 State of Illinois operating budget because it does not effectively stabilize state finances or substantially reduce the State’s $12.9 billion deficit going into FY2011.