Government Budgets

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Legislators Rarely Know Cost of Laws they Pass

(The full text of this article is available only to the publication’s subscribers.) This article reports that laws passed by the Illinois General Assembly are rarely accompanied by “fiscal notes” which detail a law’s financial impact on…

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Municipal Bankruptcy

Municipalities and other local governments in the United States continue to struggle financially in the aftermath of the Great Recession. While recession has technically ended, revenues for many governments have not returned to pre-…

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Five-Year Medicaid Projections Show Growth in Unpaid Bills

The State of Illinois FY2013 Budget Roadmap, issued on January 30, 2012 by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability, relies on a five-year budget analysis…

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Illinois facing “financial disaster”: watchdog

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…

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Tell us now, Governor

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…

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Report: Ill to have $35B in unpaid bills by 2017

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…

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Civic Federation:$35 Billion in State IOUs by 2017

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…

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Illinois Faces Financial Disaster; Urgent Need for Medicaid and Pension Reforms

(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…

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State of Illinois FY2013 Budget Roadmap: Budget Overview, Projections and Recommendations for the Governor and the Illinois General Assembly

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…

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Two State Facilities to Close in 2012

On January 19, 2012, Governor Pat Quinn announced plans to close a State psychiatric hospital in Tinley Park and a State residential…