Government Budgets

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Governor’s Budget Address Officially Postponed to March 6, 2013

After months of uncertainty, the date of Governor Pat Quinn’s budget address for FY2014 was officially postponed through action by the Governor on the same day it was originally required by law to be delivered.   Although the later…

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How Does the City of Baltimore’s Ten-Year Financial Forecast Compare to the Planning Initiatives of Chicago-Area Governments?

The City of Baltimore made news last week by releasing a first-of-its-kind ten-year financial forecast. The report, commissioned from Public Financial…

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Governor’s Projection Shows Impact of Income Tax Rollback

A new three-year budget projection for the State of Illinois by Governor Pat Quinn’s administration shows that significant spending reductions will…

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Unfinished Business Looms at the Close of the 97th General Assembly

The 97th Illinois General Assembly’s closing session ended on January 9, 2013, leaving many questions unresolved about the State’s current budget year and fiscal sustainability in the face of its…

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MWRD Increases Appropriations in Final Approved Budget

The Metropolitan Water Reclamation District (MWRD) is a special-purpose government providing wastewater treatment for residents and industrial businesses primarily in Cook County. The budget process for the MWRD differs from the budget…

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RTA Budget Stalls Over CTA Bonding

(The full content of this article is only available to the publication’s subscribers.) This article discusses the Regional Transportation Authority’s delay in voting on the Chicago Transit Authority’s proposed 2013 budget and request for…

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IIFS Blog Continues to be at Forefront of Illinois Fiscal Developments

Throughout this year’s Illinois budget negotiations, the IIFS blog was a valuable source of information and focus in the State’s murky and complex budget process. This year’s negotiations included a groundbreaking effort to address the…

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What’s Next for Local Governments in 2013?

A look back at the Civic Federation’s blog this year provides a preview of upcoming fiscal challenges for local governments in 2013. Pension Funding The most urgent fiscal challenge for Illinois governments continues to be the pension…

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Civic Federation applauds MWRD’s 2013 budget

This article covers the release of the Civic Federation’s Metropolitan Water Reclamation District FY2013 Tentative Budget: Analysis and Recommendations. The Federation supports the budget for continuing a…

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Civic Federation Recommendations for the Chicago-area Local Governments

Last week the Civic Federation marked the end of the FY2013 budget season with a blog that summarized the proposed budgets for the nine local governments the Federation…