FY2016

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Proposed Gaming Expansion Revenues Likely Inadequate to Rescue Illinois and Chicago Finances

UPDATE: Subsequent to the publication of this blog,

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Civic Federation rips "unrealistic" Rauner budget

This article discusses the FY2016 Recommended Budget Analysis released by the Institute for Illinois’ Fiscal Sustainability at the Civic Federation. The Civic…

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Civic Federation rejects Rauner's budget as 'unachievable'

This article covers an analysis released on the Governor’s FY2016 Recommended Budget by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability. The…

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Fiscal watchdog slams 'unrealistic' cuts in proposed Illinois budget

This article covers the FY2016 Recommended Budget Analysis released by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability on May 7. The analysis…

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Supreme Court Pension Ruling Adds to FY2016 Budget Pressures

An Illinois Supreme Court decision overturning legislation to reduce the State’s massive pension costs will add to the difficulty of creating a balanced operating budget for the year that begins on July 1, 2015. The high court…

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Civic Federation Opposes Governor's Recommended Budget

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…

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State of Illinois FY2016 Recommended Operating Budget: Analysis and Recommendations

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…

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Chicago Public Schools Releases Scaled Back Capital Improvement Plan

On May 1, 2015, Chicago Public Schools (CPS) released their proposed FY2016 capital budget and an updated Five-Year capital improvement plan for FY2016-…

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Governor's Budget Cuts Include Reducing and Eliminating Statutory Transfers

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…

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Grading Rauner's first 100 days: hits, misses, a question of trust

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…