The Chicago School Finance Authority (SFA) is scheduled to be officially dissolved on June 1, 2010. The SFA is a separate unit of government created in 1980 by the Illinois General Assembly and charged with “promoting the financial…
Despite the General Assembly’s goal to pass a budget for FY2011 and adjourn by May 7, 2010, legislators headed home after the session ended with no budget and no clear path out of the State’s current woeful financial situation. Although…
On May 11, Governor Quinn vetoed Senate Bill 0365, a bill that would have limited but not…
The ordinance that established the Cook County Health and Hospitals System (Health System) in 2008 specifically granted its independent Board of Directors…
In response to opposition from state lawmakers, Governor Pat Quinn’s administration has scrapped a proposal to reduce state costs by $254.5 million in FY2011 by requiring all retirees to contribute to their health insurance premiums.…
Spending Plan Would Make Fiscal Crisis Worse (CHICAGO) The Civic Federation’s Institute for Illinois’ Fiscal Sustainability released today its analysis of Governor Quinn’s recommended FY2011 State of Illinois budget. The Federation…
The Civic Federation opposes Governor Pat Quinn’s $52 billion FY2011 recommended operating budget for the State of Illinois because it is unbalanced and does too little to address the State’s fiscal crisis. The Governor’s recommended…
The State of Illinois currently pays the entire bill for health insurance premiums for 90% of retired state workers. Under Illinois law, retirees with at least 20 years of…
Although some national economic indicators suggest that the global recession, which began in December 2007, is showing signs of a gradual recovery, many state budgets are more stressed…
