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Report: Illinois Missed Opportunity in Fiscal 2014 Budget

Posted on October 10, 2013

The Bond Buyer

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This article covers the release of the Civic Federation’s FY2014 State of Illinois Enacted Budget Analysis on October 2. The report found the State made some progress in paying down its unpaid bills, but missed the opportunity to prepare for rising pension payments or the dramatic revenue loss projected for FY2015 after the temporary income tax rate increase sunsets.