A $1-per-pack cigarette tax increase enacted by the State of Illinois in June to help fund the State’s Medicaid program is bringing in far less revenue than originally expected and could fall short of projections by as much as $125.7…
On June 30, 2011 the Civic Federation released Recommendations for a Financially Sustainable City of Chicago. The report offered a comprehensive set of forty recommendations to…
Yesterday, DuPage County Board Chairman Dan Cronin presented the DuPage County Proposed FY2013 Financial Plan to the County Board. DuPage County’s current fiscal year ends on November 30…
This article discusses strong investor interest in the City of Chicago’s recent $271 million sewer bond sale, despite the City’s severe financial challenges including a $369 million projected deficit for FY2013. The article cites the…
Although the State of Illinois is still burdened with a multibillion-dollar backlog of unpaid bills, one…
On August 17, 2012, Illinois legislators adjourned a special one-day session of the General Assembly…
This article discusses uncertainty surrounding the Chicago Public Schools' FY2013 budget. The FY2013 budget will remain unresolved after today's vote by the Chicago Board of Education because…
The State of Illinois’ enacted budget for FY2013 is missing key components needed to carry out the General Assembly’s spending plan, according to a recent filing in…
