Federal Government Sets 2013 End for Cook County Medicaid Plan
UPDATE: House Bill 6253, which would lift the Illinois moratorium on Medicaid expansion for…
UPDATE: House Bill 6253, which would lift the Illinois moratorium on Medicaid expansion for…
The Institute for Illinois’ Fiscal Sustainability released a new report today that provides an overview of the condition and funding of Illinois infrastructure. As discussed in…
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…
Federation Calls Gaming Bill a Major Distraction from Pension Reform The Civic Federation supports Governor Pat Quinn’s veto of Senate Bill 1849, which would authorize casino gambling in Chicago and significantly expand gambling in other…
In its second annual report issued earlier this month, the Illinois…
The financial condition of the State of Illinois’ five retirement systems worsened in FY2012, with the systems’ total unfunded liability growing to $96.8 billion as of June 30, 2012 and the combined funded ratio declining to 39.0%. The…
The State of Illinois needs to contribute a total of $6.8 billion to its five retirement systems in FY2014 to meet statutory funding requirements, according to recent recommendations by the five systems. The proposed total FY2014…
A national report on state budget issues released this week details the ongoing operating budget problems in Illinois and highlights the State’s dire need to invest in its neglected infrastructure. According to the State Budget Crisis Task…
The fact that the State of Illinois is no longer behind on paying business income tax refunds is good news for taxpayers and the State budget. But due to an obscure provision of State law, the elimination of the refund backlog also means…
Although discussion about the State of Illinois’ annual budget primarily focuses on the operating expenditures the State also appropriates significant funding each year for capital investments. The State approved a $22.7 billion capital…