Urges General Assembly to Identify Alternate Plan for Closing $6.2 Billion Budget Gap In a new report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability opposes Governor Rauner’s recommended budget for…
The Civic Federation opposes Governor Bruce Rauner’s recommended budget for FY2016 because it relies heavily on projected savings that do not appear to be achievable or prudent in light of the State of Illinois’ obligations and long-term…
This segment discusses a fiscal roadmap for reform announced by Mayor Emanuel to the Board of Directors of the Civic Federation on April 29. Civic Federation President Laurence Msall said the City will require more revenue to achieve the…
This article covers an announcement by Mayor Emanuel on April 29 that outlined steps the city will take in the next four years to address Chicago’s biggest financial challenges. These steps include ending the use of…
This panel discussion focuses on the State of Illinois’ nearly 800 funds, many of which do not receive the same level of scrutiny as the general funds portion of the budget. The special funds…
To help cope with a massive budget deficit as State resources continue to fall in the coming fiscal year, Governor Bruce Rauner has proposed reducing or ending some statutorily required transfers that provide funding for programs and…
The article looks at Governor Bruce Rauner’s first 100 days in office. On the State budget, the Civic Federation said most of the first 100 days has been spent addressing shortfalls in the current FY2015 budget rather than discussion on…
This article examines the options available to Chicago Public Schools as it faces a $1 billion budget shortfall next year with little to no reserve funds. As…
A week after passing legislation to address a $1.6 billion budget deficit before the end of the fiscal year in June, the State swept $300 million into its operating accounts from funds designated to pay for annual transportation…
