Illinois to Fund Kidney Transplants for Undocumented Residents
A new law that restores certain Medicaid benefits previously cut due to budget pressures also adds a new service: kidney transplants for undocumented Illinois residents.…
A new law that restores certain Medicaid benefits previously cut due to budget pressures also adds a new service: kidney transplants for undocumented Illinois residents.…
Despite its name, a social impact bond (SIB) is not a debt instrument and does not require a government to issue debt. Rather, an SIB is a social impact financing arrangement whereby funds are raised from private sector investors to…
The Civic Federation and the Motorola Solutions Foundation issued a call for nominations this week for the 23rd Annual Motorola Solutions Foundation Excellence in Public Service Award. The award seeks to honor individuals whose exemplary…
Information included in recent bond disclosures by the State of Illinois indicate that the pension obligation bonds (POBs) sold in 2003 primarily to boost the retirement systems’ assets have earned the minimum investment returns needed to…
Some recent progress has been made when it comes to reducing the number of local governments in Illinois. The State of Illinois has 6,963 local governments. To provide context to this issue, the table below displays the type and number of…
Unincorporated areas lie outside municipal boundaries. The residents and businesses located in these areas are usually provided municipal services such as police protection and building code enforcement by county government or special…
According to recent reports, the State of Illinois’ operating revenues, which are expected to decline this year due to the partial rollback of State income tax rates,…
Less than a month into the new fiscal year, which began on July 1, Standard and Poor’s announced that the financial outlook for the State has…
The Illinois Supreme Court’s recent ruling on health insurance for State retirees is expected to increase State costs by approximately $128 million through FY2015, according to the Department of Central Management Services. Although…