02.13.19
The Illinois General Assembly passed a budget for fiscal year 2019 on May 31, 2018 and Governor Rauner signed it into law on June 4, 2018. The Institute for Illinois' Fiscal Sustainability has...
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
The unfunded liability of the State of Illinois’ five retirement systems totaled $133.7 billion at the end of FY201… https://t.co/xlHCtX4lXx
The Civic Federation
Blog tracks the two-year-long progress of the bill that would make it easier for the State of IL to sell the Thomps… https://t.co/Sssyvlv8Oe
Blogs
02.12.19
Nearly two years after it was filed in the Illinois General Assembly, a bill making it easier for the State to sell the James R. Thompson Center has finally landed on the Governor’s desk.
In the meantime, one session of the legislature has ended and a new one has begun. Governor Bruce...
02.08.19
During this decade of financial difficulties, the State of Illinois’ backlog of unpaid bills has become an important indicator of its fiscal condition, relied on by policymakers, rating agencies, taxpayers and journalists. Now two different ways of measuring the backlog have begun to diverge....
01.11.19
A new study by a state commission in Pennsylvania compares the investment expenses paid by large public pension funds. Although such comparisons are difficult because of vast reporting...
12.19.18
The following are the five most read blog posts presented by the Institute for Illinois’ Fiscal Sustainability in 2018 in chronological order. These posts discuss issues ranging from capital funding to pension obligation bonds.
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In the News
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...
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...