Some Pension Bond Proceeds Could End Up in General Funds
In addition to the tax increase and spending limits bill approved in the last hours of the 96th Illinois General Assembly,…
In addition to the tax increase and spending limits bill approved in the last hours of the 96th Illinois General Assembly,…
This article discusses how employees hired by the State of Illinois before January 1, 2011 will be placed into a more lucrative pension plan than those hired on or after that date. The Civic Federation says that after the State passed a…
This segment of the “Marketplace” program discusses the effect the State of Illinois budget gap has had on its fiscal outlook. Civic Federation President Laurence Msall says the State has not properly funded its pension system, which could…
Over the course of 2010 the IIFS blog explored a number of State of Illinois budget topics ranging from Medicaid/HMO funding issues to the State public pension system. Posts on the IIFS blog not only supplement IIFS publications, but also…
In 2010 the Civic Federation blog provided comprehensive information about government and fiscal issues across Illinois for the public, government officials and media. In a range of posts on topics from the…
This news segment discusses a recent report that describes the condition of Illinois’ finances as dire. Civic Federation President Laurence Msall assents with that assessment and adds that the State’s has few options to fix its fiscal…
UPDATE: The Civic Federation commends Governor Pat Quinn for signing Senate Bill 3538,…
Today the Civic Federation released its analysis of the Metropolitan Water Reclamation District’s FY2011…
The Civic Federation supports the Metropolitan Water Reclamation District’s FY2011 Tentative Budget of nearly $1.0 billion. The tentative budget is a $681.1 million, or 41.1% decrease over final adjusted FY2010 appropriations. This decline…
CHICAGO — The Civic Federation supports the nearly $1 billion tentative budget proposed by the Metropolitan Water Reclamation District of Greater Chicago (MWRD). The District will reduce staffing levels and Corporate Fund spending as a…