This article examines the State of Illinois FY2013 Budget Roadmap released January 30th by the Civic Federation’s Illinois research institute. The analysis warns that the State could see its backlog of unpaid bills rise to $34.8 billion by…
In this editorial the Chicago Tribune urges Illinois Governor Pat Quinn to address the future of the State’s budget in light of the scheduled partial sunset of the temporary income tax increase in FY2015. The editorial cites budget…
Civic Federation President Laurence Msall is interviewed about the State of Illinois FY2013 Budget Roadmap released by the Federation’s Illinois research institute. The Civic Federation urges immediate action by the Governor and General…
Civic Federation President Laurence Msall discusses the Federation’s State of Illinois FY2013 Budget Roadmap in this roundtable discussion with Anders Lindall, Public Affairs Director of AFSCME and John Bouman, President of the Sargent…
(CHICAGO) The Civic Federation’s Illinois research institute warns that Illinois could face an unprecedented $34.8 billion backlog of unpaid bills if action is not taken immediately by the Governor and General Assembly to stabilize the…
Prior to the release of the Governor’s annual budget recommendation the Institute for Illinois’ Fiscal Sustainability at the Civic Federation releases an analysis of the State of Illinois’ fiscal condition. The FY2013 Roadmap includes a…
This “All Things Considered” segment examines the State of Illinois’ budget one year after last year’s income tax increase. Civic Federation President Laurence Msall said that even with the tax increase the State of Illinois still has an…
On January 11, 2012, the State of Illinois sold $800 million of General Obligation bonds to support capital projects. The bond offering included $525 million of tax-exempt bonds, as well as $275 million…
