05.09.18
Click here to read the full report.
The Civic Federation’s...
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 FY2019 Recommended Operating Budget: Analysis and Recommendations
Click here to read the full report. The Civic Federation’s Institute for Illinois’ Fiscal Sustainability is not able to support Governor Bruce Rauner’s recommended FY2019 budget because it is...
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State of Illinois FY2019 Budget Roadmap
Click here to read the full report. Prior to the release of the Governor’s annual budget recommendation, the Institute for Illinois’ Fiscal Sustainability at the Civic Federation releases an...
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The Civic Federation
Given the uncertainties inherent in actuarial projections, budget officials who are relying on pension buyout savin… https://t.co/2zSKFQ372h
The Civic Federation
It is imperative that CPS come up with a multi-year plan to end the short-term borrowing cycle and rebuild reserves… https://t.co/0zFKotqTsV
Blogs
08.03.18
Thanks to higher than expected revenues , the State of Illinois ended the last fiscal year with a backlog of unpaid bills that was about $900 million below earlier forecasts.
The bill backlog stood...
07.16.18
The State of Illinois collected over $900 million more in revenues than previously forecast in the budget year that just ended, apparently resulting in a lower than expected year-end backlog of unpaid bills.
The State’s general operating revenues for fiscal year 2018 were $37.7 billion,...
07.05.18
Since Illinois passed its budget for the current fiscal year, many questions have been raised about the...
06.22.18
Following the enactment of the State of Illinois FY2019 budget on June 4, the Civic Federation blog has analyzed the potential impact on the General Funds and on...
In the News
05.23.18
Chicago Magazine
This article discusses Civic Federation recommendations from the FY2019 State of Illinois Budget Roadmap to...
05.09.18
Multiple Outlets
The following news items cover the release of the Institute for Illinois' Fiscal Sustainability at the Civic Federation's analysis...
05.08.18
Bloomberg
This article discusses the state of Illinois’ unfunded pension liabilities on the three-year anniversary of the Illinois Supreme Court’s ruling that the State’s bipartisan attempt at pension...
03.26.18
State Journal-Register
This article discusses the challenges of assessing the impact of the 2016 Safe Roads Amendment, or “Lockbox Amendment,” which prohibits the State of Illinois and local governments from using...