General Assembly Enacts Budget with Cuts, Delayed Bills and Interfund Borrowing
After several significant budget related initiatives failed to advance out of the General Assembly, such as proposed…
After several significant budget related initiatives failed to advance out of the General Assembly, such as proposed…
Surprising as it may seem, not all budget cuts reduce spending. A case in point is the FY2012 Medicaid budget passed by the Illinois House on May 13, 2011.…
A new report estimates that the State of Illinois could save between $260 million and $300 million in FY2012 by increasing the…
A key component of Cook County’s plan to remake its public health system was rejected by a State of Illinois board on May 10, 2011, adding to concerns that the County might have difficulties implementing its FY2011 budget. At a meeting in…
The State of Illinois’ largest area of capital investment, transportation projects, received a funding boost this week when the federal government announced additional grants to support high-speed rail projects in Illinois. The U.S…
The Civic Federation opposes Governor Pat Quinn’s $52.7 billion FY2012 recommended operating budget for the State of Illinois because it is unbalanced by approximately $2.4 billion and is based on the premise that long-term borrowing is…
The Pew Center on the States recently released its report card on the health of state pension systems. Just as they were last year, the…
Governor Pat Quinn’s recommended FY2012 budget for the State of Illinois proposes that General Funds appropriations for the State Employees’ Group Insurance…
Although the State of Illinois' FY2011 tax amnesty program brought in more than $700 million of delinquent tax payments owed by taxpayers and business, only $12 million of that revenue can be considered new funds. As previously discussed…