General Assembly Enacts Budget with Cuts, Delayed Bills and Interfund Borrowing
After several significant budget related initiatives failed to advance out of the General Assembly, such as proposed…
After several significant budget related initiatives failed to advance out of the General Assembly, such as proposed…
This article discusses State of Illinois Treasurer Dan Rutherford’s resistance to proposals by State lawmakers to borrow to pay the State’s backlog of unpaid bills. The Civic Federation says that borrowing won’t ease the backlog and will…
This article examines the various disagreements over plans of how, and if, to borrow to pay off the State of Illinois’ backlog of unpaid bills. The Civic Federation says that borrowing will worsen the State’s fiscal outlook.
Surprising as it may seem, not all budget cuts reduce spending. A case in point is the FY2012 Medicaid budget passed by the Illinois House on May 13, 2011.…
This editorial about the fiscal condition of the State of Illinois cites the Civic Federation’s analysis of…
A new report estimates that the State of Illinois could save between $260 million and $300 million in FY2012 by increasing the…
This editorial discusses findings in the Civic Federation’s analysis of the Governor Quinn’s FY2012 budget proposal for the State of Illinois.
This article discusses the Civic Federation’s analysis of the State of Illinois FY2012 proposed budget. It highlights the Federation’s reasons for rejecting the budget plan, which include a budget gap of $2.4 billion and a dependence on…
The State of Illinois’ largest area of capital investment, transportation projects, received a funding boost this week when the federal government announced additional grants to support high-speed rail projects in Illinois. The U.S…