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…
This report describes how the taxable value of real estate is established in Cook County, Illinois. It explains the determination of assessed value and the calculation of taxable value, including data on triennial assessment districts,…
Governor Pat Quinn’s recommended FY2011 budget, issued on March 10, 2010, proposes borrowing $4.7 billion to cover FY2011’s projected operating deficit. No details about the Governor’s borrowing plan have yet been made available. However,…
Although the proposed FY2011operating budget for the State of Illinois, which includes a $4.7 billion annual deficit and carrying forward $6 billion in…
Governor Pat Quinn’s administration is promoting a plan for Medicaid health maintenance organizations (HMOs) as a major reform initiative, but several legislators have introduced bills in the General Assembly that would slow or restrict…
As part of an agreement with legislative leaders to push back the Governor’s annual budget address from February 17, 2010 until March 10, 2010, the Governor’s Office of Management and Budget posted preliminary FY2011 budget information to…
The State of Illinois’ underfunding of its retirement systems is a growing source of pressure on the State’s operating budget and an increasing focus of national attention. In a recent report by the Pew Center on the States, Illinois was…
