05.16.19
The Institute’s mission is to improve the state’s decision-making process by providing timely fiscal policy analysis and recommendations to state officials, the media and the public through education and digital outreach.
State of Illinois FY2020 Recommended Operating and Capital Budgets: Analysis and Recommendations
Click here to read the full report. Click here to read the press release for this analysis. SUMMARY Amid one of the longest economic expansions in U.S. history, the State of Illinois still faces...
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State of Illinois FY2020 Budget Roadmap
Click here to read the full report. Click here to read the press release for this report. AT A GLANCE Prior to the release of the Governor’s annual budget recommendation, the Institute for...
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Illinois Pensions 101: A Visual Guide to the State's Biggest Financial Challenge
The following is an infographic-style primer intended to concisely and accessibly present the most important information and data on the Illinois pension crisis. The series...
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The Civic Federation
On the blog: What Limitations do States Face in Addressing a Coronavirus Pandemic Recession? https://t.co/2QK028O4o8
#muniland
The Civic Federation
In the news at @TheBondBuyer: Coronavirus healthcare hit looms large for Cook County, Illinois:… https://t.co/VL9H69YHM7
Blogs
04.03.20
States are currently facing monumental fiscal challenges posed by the economic and revenue impacts of the coronavirus pandemic. However, their ability to use fiscal policies to address these challenges is quite limited due to structural and capacity issues. Only the federal government has the...
03.27.20
This blog post presents information about the different types of individual income taxes imposed by state governments in the United States.
In 2020 forty-one states levied individual income taxes. States currently use flat rate or graduated rate models for their individual income tax...
03.24.20
03.20.20
Throughout the United States there is a bipartisan consensus that...
In the News
03.20.20
Bloomberg
As state and local governments continued to increase the intensity of their responses to the Covid-19 pandemic, this article examined the effect social distancing and business closures could have...
05.30.19
The State of Illinois has not had a major capital plan for a decade, and it is clear that capital needs are outpacing resources. While there is near universal agreement, including by the Civic...
12.31.18
The Bond Buyer
This article discussed the challenges municipalities across Illinois face in dealing with their growing pension obligations. The article offered a number of examples where the burden of pensions...
10.15.18
Chicago Tribune
This article reports that there is growing bipartisan support for a capital plan in Springfield. The State of Illinois has not had a comprehensive capital plan since Illinois Jobs Now! , passed in...