In order to pay income tax refunds owed to taxpayers, the State of Illinois sets aside a percentage of income tax receipts received throughout the year and deposits them into a special fund. Different percentages apply to individuals and…
This editorial discusses Governor Pat Quinn’s FY2012 State of Illinois proposed budget and the need for major fiscal reform in Illinois. The Civic Federation says that limited and short-term borrowing to pay overdue bills may be an idea…
This article about Governor Pat Quinn’s State of Illinois FY2012 proposed budget mentions the Civic Federation’s opposition to Governor Quinn’s plan to borrow money to pay overdue bills.
This editorial discusses Governor Pat Quinn’s proposal to borrow funds to pay overdue bills and its effect on the State of Illinois fiscal outlook, citing Civic Federation research…
In this article about spending limits imposed by the State of Illinois for the next three fiscal years, the Civic Federation says that it is unsure that the requirement will actually limit spending.
This editorial about Governor Pat Quinn’s State of Illinois FY2012 proposed budget address says the Governor should consider budget-cutting recommendations made by the Civic Federation.
Governor Pat Quinn’s proposed FY2012 budget for the State of Illinois features additional borrowing and an overall increase in spending, despite steep spending reductions in the area of human services. The…
(CHICAGO) The Civic Federation’s Illinois research institute warns that a large tax increase alone has not fixed the state’s broken budget. The Federation’s new FY2012 Budget Roadmap, released ahead of Governor Quinn’s budget address,…
Prior to the release of the Governor’s annual budget recommendation the Institute for Illinois’ Fiscal Sustainability at the Civic Federation releases an analysis of the State of Illinois’ fiscal condition and actionable recommendations…
