State of Illinois FY2020 Recommended Operating and Capital Budgets: Analysis and Recommendations
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The following is an infographic-style primer intended to concisely and accessibly present the most important information and data on the Illinois pension crisis. The series explores the history and …
This article discussed the challenges municipalities across Illinois face in dealing with their growing pension obligations. The article offered a number of examples where the burden of pensions has resulted in credit downgrades and…
This article covered Chicago Mayor Rahm Emanuel's call for a constitutional amendment, $10 billion in pension obligation bonds and new revenue from legalizing and taxing marijuana and a Chicago casino to stabilize the City of Chicago's…
The Illinois General Assembly passed a budget for fiscal year 2019 on May 31, 2018 and Governor Rauner signed it into law on June 4, 2018. The Institute for Illinois' Fiscal Sustainability has since then continued to analyze the enacted…