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 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
Chicago’s incoming political leadership will immediately face 3 major fiscal challenges:
1. Funding the massive… https://t.co/hx7bd8HQD9
The Civic Federation
Chicago’s debt service appropriations in FY2019 are projected to be 21.3% of total local fund net appropriations. T… https://t.co/DF4wT9qqFC
Blogs
03.14.19
Updated March 20, 2019
The Civic Federation will have additional analysis on this topic in the coming days.
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Making good on a campaign...
03.01.19
Governor J.B. Pritzker’s first budget proposal for the State of Illinois faced major challenges, including an operating deficit that the new administration estimated at $3.2 billion...
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....
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...