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State of Illinois Budget

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Civic Federation 2020 Legislative Priorities

2020 Civic Federation Legislative PrioritiesThe Civic Federation's legislative priorities for 2020 …

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Illinois’ Pension Buyout Savings Far Less than Expected

A new pension buyout plan designed to save hundreds of millions of dollars for the State of Illinois in the fiscal year that just ended actually generated relatively…

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New Illinois Health Insurer Tax to Generate $1.1 Billion in Federal Revenues

Amid the frenzied activity at the end of the Illinois General Assembly’s spring session, a little-noticed tax on health…

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Civic Federation Supports Governor Pritzker's Proposed FY2020 Budget as Workable Short-Term Plan, But Expresses Several Strong Concerns

(CHICAGO) – In a report released today, the Institute for Illinois’ Fiscal Sustainability at the Civic Federation announced its support for Governor Pritzker’s recommended FY2020 budget, because it represents a workable short-term plan to…

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State of Illinois FY2020 Recommended Operating and Capital Budgets: Analysis and Recommendations

Click here to read the full report. …

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Governor Cancels FY2020 Pension Holiday Plan after April Income Tax Surge

Following an unexpected influx of income tax revenues in April 2019, Illinois Governor J.B. Pritzker has dropped a controversial proposal to delay funding for the State’s financially troubled pension funds. The pension holiday, proposed…

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Governor Proposes Pension Savings, Revenue Increases in FY2020

Governor J.B. Pritzker’s first budget proposal for the State of Illinois faced major challenges, including an operating deficit that the new administration estimated at…

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Civic Federation Proposes Plan to Tackle Illinois' Severe Financial Challenges

In light of Springfield’s past bad practices, group also cautions against gimmicks, pitfalls (CHICAGO) – In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability has proposed a multi-year plan to…

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State of Illinois FY2020 Budget Roadmap

Click here to read the full report. Click here to…

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Analysis of the State of Illinois FY2019 Enacted Budget

The Illinois General Assembly passed a budget for fiscal year 2019 on May 31, 2018 and Governor Rauner signed it into law on June 4, 2018. The Institute for Illinois' Fiscal Sustainability has since then continued to analyze the enacted…