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Government Budgets

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City Colleges of Chicago FY2020 Tentative Budget: Analysis and Recommendations

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Illinois’ Pension Buyout Savings Far Less than Expected

A new pension buyout plan designed to save hundreds of millions of dollars for the State of Illinois in the fiscal year that just ended actually generated relatively…

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Cook County’s Newly Formed Independent Revenue Forecasting Commission Holds First Meeting

A Commission created to analyze an annual five-year forecast of Cook County revenues held its…

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New Illinois Health Insurer Tax to Generate $1.1 Billion in Federal Revenues

Amid the frenzied activity at the end of the Illinois General Assembly’s spring session, a little-noticed tax on health…

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Civic Federation Supports Governor Pritzker's Proposed FY2020 Budget as Workable Short-Term Plan, But Expresses Several Strong Concerns

(CHICAGO) – In a report released today, the Institute for Illinois’ Fiscal Sustainability at the Civic Federation announced its support for Governor Pritzker’s recommended FY2020 budget, because it represents a workable short-term plan to…

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State of Illinois FY2020 Recommended Operating and Capital Budgets: Analysis and Recommendations

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Governor Cancels FY2020 Pension Holiday Plan after April Income Tax Surge

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Financial Challenges for the Next Chicago Mayor and City Council

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Governor Proposes Pension Savings, Revenue Increases in FY2020

Governor J.B. Pritzker’s first budget proposal for the State of Illinois faced major challenges, including an operating deficit that the new administration estimated at…

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Civic Federation Proposes Plan to Tackle Illinois' Severe Financial Challenges

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