(CHICAGO) In a new report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability supports Governor Quinn’s proposed budget for FY2013. The $57.4 billion budget proposal acknowledges the depth of the State’s…
The Civic Federation supports Governor Pat Quinn’s $57.4 billion FY2013 recommended operating budget, because it acknowledges the depth of the State’s financial problems and would put Illinois finances on the road to recovery with major…
A key component of Governor Pat Quinn’s proposal to close the State of Illinois’ $2.7 billion Medicaid funding gap in FY2013 is an…
The Teachers’ Retirement System of the State of Illinois (TRS) has concluded that it can no longer rely on the State to follow the law for funding its five retirement systems and that sweeping changes are needed to sustain the pension…
The Illinois House has approved a spending plan for FY2013 that would cut the State of Illinois’ expenditures from the level proposed by Governor Pat Quinn and use an additional budget surplus to reduce the State’s backlog of unpaid bills…
This Tribune editorial urged advocacy groups to join those calling for reforms to the State of Illinois’ Medicaid program and pension systems because rising costs in these areas are increasingly squeezing out funding for all other State…
UPDATE: On May 24, 2012 the Illinois General Assembly approved legislation to permit Cook County’s public health system to obtain federal funding for medical services for low-income adults under the Medicaid program. The plan must still be…
Three weeks after Governor Pat Quinn delivered his FY2013 budget address, details on the recommended FY2013 capital budget are still not widely available. In most years, the Governor is required under the…
In the last week, both houses of the Illinois General Assembly approved a General Funds revenue projection for FY2013 that is lower than the amounts included in the Governor’s recommended budget. In two parallel resolutions,…
(The full text of this article is available only to the publication's subscribers.) This overview of Illinois’ fiscal challenges focuses on rising costs in the State’s Medicaid program and pension systems. The article cites the Civic…
