IIFS Blog Tracks Illinois Issues
Since its beginnings in July with the overhaul of the Civic Federation’s website, the IIFS blog has focused mostly on issues related to the Illinois budget, including…
Since its beginnings in July with the overhaul of the Civic Federation’s website, the IIFS blog has focused mostly on issues related to the Illinois budget, including…
Taxpayers should get what they pay for, and pay for what they get—that is the core notion behind intergenerational equity in government. When governments live within their means, balancing revenues and expenditures without hoarding excess…
This article about a report on the States in the worst fiscal condition by the Pew Center on the States quotes the Civic Federation in its profile of Illinois’…
The Civic Federation has enormous concerns about the fiscal risks associated with Governor Quinn’s “deal” to avoid CTA fare increases. Under the proposal, the Regional Transportation Authority will issue General Obligation bonds worth $83…
The Civic Federation supports the Chicago Transit Authority’s (CTA) proposed FY2010 budget of $1.29 billion. Facing significant public funding short falls, CTA plans to close its $300.9 million deficit with fare increases ranging from 25…
A new report from the U.S. Government Accountability Office (GAO) says that more information is needed to determine whether local school districts that receive federal stimulus money…
The Governor’s office recently published its first official document that included details of the revenues and expenditures approved by the General Assembly for FY2010 fiscal year. The Official Statement accompanying the sale of $1.25…
Starting today, increases in the taxation rates on soft drinks, personal grooming and hygiene products, and candy will take effect to help pay for…
Earlier this spring the Civic Federation opposed the $26 billion capital plan proposed by Governor Quinn because it was…
More details are finally available on the FY2010 operating budget, and it would be difficult to describe it as balanced—even on paper. Depending on how you look at it, there is technically either a $157 million deficit or an $872 million…