Should Illinois Borrow to Pay Off the Bill Backlog?
After nearly 19 months without a budget, Illinois’ backlog of unpaid bills currently stands at over $10.9 billion …
After nearly 19 months without a budget, Illinois’ backlog of unpaid bills currently stands at over $10.9 billion …
The following are the five most read blog posts presented by the Institute for Illinois’ Fiscal Sustainability in 2016. These posts discuss issues ranging from penalties on Illinois’ overdue bills to the ongoing state budget impasse.…
2017 Civic Federation Legislative Priorities The Civic Federation's legislative priorities for 2017 include …
Recent decisions by two of the largest State of Illinois retirement systems are expected to result in significant increases to statutorily required pension contributions in the upcoming budget year. This blog post discusses the decisions…
Despite a stopgap spending measure enacted on June 30, 2016, State of Illinois appropriations for higher education remain below expenditures in…
After a yearlong stalemate, the State of Illinois finally saw a crack in its ongoing budget impasse on the last day of the fiscal year. The General Assembly rushed approval of bills authorizing a full year of preschool through high school…
In advance of a $550 million bond sale this week, the State of Illinois announced it had negotiated new terms with the largest holder of Illinois swaps. The new lower level for termination of the swaps based on Illinois’ credit ratings…