State Paid Additional $551 Million for Last Year’s Bonds
Earlier this week the Institute for Illinois’ Fiscal Sustainability at the Civic Federation released…
Earlier this week the Institute for Illinois’ Fiscal Sustainability at the Civic Federation released…
(CHICAGO) The Civic Federation released today a comparative analysis of the cost of the $9.6 billion in bonds the State of Illinois issued between September 2009 and July 2010. The report estimated that Illinois government may pay as much…
This issue brief provides a comparative analysis of the cost of the $9.6 billion in bonds the State of Illinois issued between September 2009 and July 2010. The report estimates that Illinois government may pay as much as $551.3 million…
A recent report shows that nearly all the bond subsidies promised under the Build America Bond (BAB) program are being paid by the federal government to issuers applying for the credit without significant administrative delay. The BAB…
Illinois Governor Pat Quinn recently announced his plans for $500 million in mass transit infrastructure improvements across the State. $…
This article is about how state pension systems around the country are coping with the effects of the financial crisis. The Civic Federation comments on the State of Illinois’ recent pension reforms, saying that the reforms are a good…
This editorial discusses recent efforts to overhaul the State of Illinois’ public pension systems and reduce its unfunded liabilities. It mentions a Civic Federation proposal to eliminate the income tax exemption for pension income in…
This editorial about Illinois’ perilous fiscal condition features Civic Federation commentary about the State of Illinois’ fiscal crisis and mentions recommendations made by the Federation in its “Fiscal Rehabilitation Plan for the State…
This editorial about the options Illinois has to balance its budget focuses on recommendations made by the Civic Federation in its “Fiscal Rehabilitation Plan for the State of Illinois.”
The Civic Federation is quoted in this article that details the challenges facing Illinois government agencies in their efforts to reduce expenditures to help the State balance its budget.