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...
Learn MoreTweets by @CivicFederation
The Civic Federation
More than 50 years after Illinois began taxing residents’ income, voters in 2020 will decide whether the structure… https://t.co/0YP0xzo1RJ
The Civic Federation
Civic Federation leadership in @CrainsChicago: For property tax relief, reduce the cost of local government: https://t.co/IoVWZ3ISOH
Blogs
01.24.20
More than 50 years after Illinois began taxing residents’ income, voters in 2020 will decide whether the structure of the income tax should undergo a major change. The issue is highly controversial, and the decision will have a long-lasting impact on the State’s finances.
Since Illinois...
12.19.19
UPDATE: The Cook County Board passed ordinance 20-0658 , imposing a 3% cannabis retailers’ occupation...
12.04.19
A recent report shows that Illinois’ statutorily required contributions to its five pension funds are expected to total $9.8 billion in the upcoming fiscal year. How much of the State’s budget will be...
11.08.19
For more than a decade, the Civic Federation has strongly supported consolidation of hundreds of police and fire department pension funds across Illinois to improve...
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...