This blog post presents an overview of the Chicago Transit Authority’s FY2022 operating budget, including a summary of how federal stimulus funds were used to balance the budget, and an update on its recent $350 million debt issuance.The…
On March 24, 2022, the Civic Federation released its annual analysis and recommendations for the Governor’s proposed…
Governor JB Pritzker’s proposed FY2023 State Budget directs funding to a number of public…
Illinois Governor JB Pritzker’s fourth budget recommendation proposes taking advantage of a…
The Chicago City Council approved the City’s annual budget for FY2022 (which aligns with the 2022 calendar year) on October 27. The Civic Federation supported the City’s FY2022 budget totaling $10.6 billion in an…
On November 9, 2021, the Governor’s Office of Management and Budget (GOMB) released the Illinois Economic and Fiscal Policy Report. The report includes a comparison of the FY2022 enacted budget with the current outlook for FY2022 and a…
Illinois enacted a $48.7 billion multi-year FY2022 capital budget in June 2021. Unlike the State’s annual General Funds budget, which is intended to cover only the cost of operations for the current fiscal year, capital appropriations are…
