Governor’s FY2013 Budget Acknowledges Depth of Financial Crisis
On February 22, 2012, Governor Pat Quinn presented his administration’s fourth annual budget for the State of Illinois. The …
A week before Governor Pat Quinn’s FY2013 budget address, a panel of Illinois State senators met in Chicago to hear testimony on the State’s major budget challenges: rising Medicaid costs and unfunded pension liabilities. The Senate’s two…
In its most recent monthly briefing, the State of Illinois Commission on Government Forecasting and Accountability (COGFA) published new revenue projections for…
The State of Illinois FY2013 Budget Roadmap, issued on January 30, 2012 by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability, relies on a five-year budget analysis…
Prior to the release of the Governor’s annual budget recommendation the Institute for Illinois’ Fiscal Sustainability at the Civic Federation releases an analysis of the State of Illinois’ fiscal condition. The FY2013 Roadmap includes a…
On January 11, 2012, the State of Illinois sold $800 million of General Obligation bonds to support capital projects. The bond offering included $525 million of tax-exempt bonds, as well as $275 million…
Governor Pat Quinn released a three-year budget projection for the State of Illinois this week that shows only minor improvements in the State’s…
In 2011 the IIFS blog provided weekly context, information and perspective on key fiscal issues in the State of Illinois. Posts in 2011 focused on analysis of FY2012 Illinois budget negotiations, analysis of the ongoing Illinois pension…