State of Illinois

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Unfinished Business Looms at the Close of the 97th General Assembly

The 97th Illinois General Assembly’s closing session ended on January 9, 2013, leaving many questions unresolved about the State’s current budget year and fiscal sustainability in the face of its…

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Analysis of Pension Reform Proposal Shows Significant State Savings

A pension reform proposal introduced in the Illinois General Assembly late last year could immediately reduce the State’s required annual contributions by nearly $2 billion, according to recent actuarial reports. As discussed…

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Joint Statement from Chicago Civic Groups Urging Pension Reform

At a press conference on January 3, the Civic Federation joined with a group of other civic organizations including the Better Government Association, the Metropolitan Planning Council and the Chicago Urban League to urge the Illinois…

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IIFS Blog Continues to be at Forefront of Illinois Fiscal Developments

Throughout this year’s Illinois budget negotiations, the IIFS blog was a valuable source of information and focus in the State’s murky and complex budget process. This year’s negotiations included a groundbreaking effort to address the…

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FY2013 Budget Update: Unfunded Costs in the Department on Aging

This blog has previously addressed unfunded costs in the State of Illinois’ FY2013 budget, including costs relating to Medicaid and employee and…

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Federal Fiscal Cliff Could Have a Major Impact on State Revenues

If the U.S. Congress is unable to agree to an alternative to the automatic $491 billion in combined tax increases and spending cuts set to take place in January 2013,…

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New State Pension Reform Legislation Introduced: HB6258

On the final day of the General Assembly’s fall veto session, a bipartisan group of State legislators unveiled a new pension reform proposal designed to help resolve the State’s pension crisis. Governor Pat Quinn has…

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Federal Government Sets 2013 End for Cook County Medicaid Plan

UPDATE: House Bill 6253, which would lift the Illinois moratorium on Medicaid expansion for…

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New Report Reviews State of Illinois Infrastructure

The Institute for Illinois’ Fiscal Sustainability released a new report today that provides an overview of the condition and funding of Illinois infrastructure. As discussed in…

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The State of Illinois Infrastructure

This report provides an overview of the condition and funding of Illinois infrastructure based on a compilation of various needs assessments from public agencies that manage infrastructure in the State including the Illinois State Toll…