State of Illinois

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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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The Property Tax Appeal Board Backlog: A History and Recommendations

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

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Medicaid 101: How $477 Million Turns into $1.2 Billion

Governor J.B. Pritzker’s FY2020 budget features an array of revenue-raising proposals, such as…

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

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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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Will Illinois’ Next Capital Bill be a Boon or a Boondoggle?

It has been ten years since Illinois’ last major capital bill, but a new one may come as soon as…

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Governor Offers More Details on Graduated Income Tax Plan

A Civic Federation blog post last week raised questions about the revenue estimate attached to Governor J.B.…

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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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State of Illinois FY2020 Budget Roadmap

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