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
A collection of pension changes were supposed to save the State of Illinois $445 M in FY2019. They ended up saving… https://t.co/u8WSnvWlnN
The Civic Federation
Cook County holds nearly one-third of Illinois’ 5.8 million parcels of property and 45% of its taxable value, but m… https://t.co/QZ5vBqgIFD
Blogs
07.18.19
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 minor savings in FY2019 and does not appear likely to...
07.03.19
Amid the frenzied activity at the end of the Illinois General Assembly’s spring session, a little-noticed tax on health insurers is expected to have a major impact on the State’s...
06.07.19
In a flurry of activity at the end of its spring session, the Illinois General Assembly passed a $40 billion operating budget, approved significant tax increases and authorized the State’s first major construction program in a decade, financed partly by an expansion of gambling.
With so...
05.23.19
Governor J.B. Pritzker’s FY2020 budget features an array of revenue-raising proposals, such as...
In the News
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...
05.23.18
Chicago Magazine
This article discusses Civic Federation recommendations from the FY2019 State of Illinois Budget Roadmap to...