04.08.20
The Civic Federation is examining the fiscal impact of the COVID-19 pandemic on the State of Illinois and its local governemnts. The following are blog posts covering various topics related to the...
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.
Civic Federation Research on the Fiscal Impact of COVID-19
The Civic Federation is examining the fiscal impact of the COVID-19 pandemic on the State of Illinois and its local governemnts. The following are blog posts covering various topics related to the...
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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
RT @Yvette_BB: great write up for anyone that was scratching head at some of the numbers tossed about during the session.... https://t.co/hufMHgv2NR
The Civic Federation
RT @elizabeth_news: Illinois becomes 1st state to tap Federal Reserve for a loan: https://t.co/TFQgwrkXHb by @shrutidatesingh @amanda_albright #twill
Blogs
06.02.20
When Illinois lawmakers met in Springfield to pass a budget for the upcoming fiscal year, the main issue they confronted was the tax shortfall caused by COVID-19. They did not want to...
05.22.20
Governments frequently borrow funds on a short-term basis to deal with cash flow problems, and this year, due to the massive economic disruption caused by the COVID-19 pandemic, the State of Illinois and many local governments will face large cash shortfalls as revenue collections are delayed or...
05.11.20
05.04.20
UPDATE : On May 5, Illinois delayed the planned sale of $1.2 billion of...
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...