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…
A new three-year budget projection for the State of Illinois by Governor Pat Quinn’s administration shows that significant spending reductions will…
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…
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…
(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…
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…
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…
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…
This article discusses the Civic Federation’s State of Illinois Infrastructure report, which found that State and local governments could need to invest more than $300 billion…
If the U.S. Congress is unable to agree to an alternative to the automatic $491 billion in combined tax increases and spending cuts set to take place in January 2013,…