This 170-page report is a comprehensive examination of Chicago charter school finances and financial performance in fiscal years 2007 and 2008. The primary purpose is to provide a first-ever financial analysis of Chicago’s charter schools…
This article about IIFS' analysis of the State of Illinois FY2012 enacted budget focuses on the dismal fiscal outlook for…
This article discusses IIFS' analysis of the State of Illinois FY2012 enacted budget and explains the effect the State's…
In this article, Crain's columnist Greg Hinz discusses findings in IIFS' analysis of the State of Illinois FY2012 enacted…
This article discusses IIFS' analysis of the State of Illinois FY2012 enacted budget and focuses on the amount the State…
Cook County’s fiscal year begins on December 1 and ends on November 30. The Civic Federation believes that all governments should adopt a budget at least one month in advance of the start of the fiscal year. For the County, that would be a…
This report examines the State of Illinois’ operating and capital budgets as enacted for Fiscal Year 2012, which began on July 1, 2011 and ends on June 30, 2012. Despite a major income tax increase implemented in January 2011, the total…
Major Tax Increase, Cuts to Appropriations Did Not Fix State’s Finances (CHICAGO) The Institute for Illinois’ Fiscal Sustainability at the Civic Federation released its analysis of the enacted FY2012 State budget today. The report found…
The Illinois State Comptroller’s Office recently issued its annual report on tax expenditures. The report is published pursuant…
Largely due to the income tax increase that took effect in January 2011, the State of Illinois’ operating deficit is expected to shrink from $3.9 billion in FY2011 to $454 million in FY2012. However, as…
