State of Illinois

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The Illinois General Assembly Should Increase Transparency and Access by Posting Videos of Hearings Online

This week, the Civic Federation released its annual analysis of the State of Illinois Budget for FY2024. Among the recommendations made to the Governor and lawmakers was a call…

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State of Illinois FY2024 Recommended Operating and Capital Budgets: Analysis and Recommendations

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Before Enhancing Tier 2 Benefits, Evaluate the Financial Impact of Illinois Pension Proposals

On April 20, 2023 two bills passed out of committee in the Illinois House of Representatives that would increase pension benefits for Chicago firefighters hired after 2010. Senate Bills…

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State of Illinois FY2024 Debt Burden and Credit Ratings

The State of Illinois currently pays debt service on four major types of bonds: General Obligation (GO) bonds for capital projects, GO bonds for pension obligations, GO bonds to pay backlogged bills and Build Illinois revenue bonds. In…

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How the Composite Effective Hotel Tax Rate Is Calculated in Chicago

The Civic Federation released its annual…

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Comparing FY2024 State Revenue Forecasts

On February 15, 2023, Governor Pritzker released the State of Illinois FY2024 Operating and Capital Budgets. The proposed budget noted revenue collections post-pandemic have continued to exceed…

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Governor’s FY2024 Proposed Budget Includes Increased Spending for State Agencies, Moderate Revenue Projections

The State of Illinois FY2024 budget

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Illinois’ Spending Plan for Opioid Settlement Funds

On February 3, 2022, Attorney General Raoul announced that the State of Illinois and local governments…

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Consumer Taxes in Chicago: Increases and Updates for 2023

The Civic Federation annually releases a report on consumer taxes in the City of Chicago, which will be released next month. Consumer taxes are tied to the use or consumption of certain goods and services that can be charged directly to…

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Summary of Amendments to Public Act 101-0652, the SAFE-T Act

The Illinois General Assembly passed a series of amendments during veto session in early December to the SAFE-T (Safety, Accountability, Fairness and Equity – Today) Act, the criminal justice omnibus law enacted in early 2021. The SAFE-T…