(CHICAGO) The Civic Federation’s Illinois research institute warns that Illinois could face an unprecedented $34.8 billion backlog of unpaid bills if action is not taken immediately by the Governor and General Assembly to stabilize the…
Prior to the release of the Governor’s annual budget recommendation the Institute for Illinois’ Fiscal Sustainability at the Civic Federation releases an analysis of the State of Illinois’ fiscal condition. The FY2013 Roadmap includes a…
This “All Things Considered” segment examines the State of Illinois’ budget one year after last year’s income tax increase. Civic Federation President Laurence Msall said that even with the tax increase the State of Illinois still has an…
On January 11, 2012, the State of Illinois sold $800 million of General Obligation bonds to support capital projects. The bond offering included $525 million of tax-exempt bonds, as well as $275 million…
This panel discussion tackles recent changes to hours at the Chicago Public Library system. Civic Federation President Laurence Msall said that reductions to city services are a necessary part of eliminating Chicago’s deficit. Mr. Msall is…
Governor Pat Quinn released a three-year budget projection for the State of Illinois this week that shows only minor improvements in the State’s…
In 2011 the Civic Federation blog provided weekly context, information and perspective on government budgets and fiscal issues across Illinois. Posts in 2011 focused on FY2012 local government budget analysis and the severe…
In 2011 the IIFS blog provided weekly context, information and perspective on key fiscal issues in the State of Illinois. Posts in 2011 focused on analysis of FY2012 Illinois budget negotiations, analysis of the ongoing Illinois pension…
