In his first budget proposal for the State of Illinois, Governor Bruce Rauner recommended more than $4 billion in spending cuts and $2.2 billion in estimated pension savings to close a projected budget gap of over $6 billion in fiscal…
This article reviews Mayor Emanuel’s first term in office prior to Chicago’s upcoming municipal election. The Civic Federation said the Emanuel administration has made significant strides in improving the City’s financial position…
This editorial discusses Governor Rauner’s budget recommendation for fiscal year 2016, which relies on program reductions and a pension reform proposal to address a $6.2 billion budget gap. The editorial cites the Civic Federation’s…
The article covers the main points of Governor Rauner’s fiscal year 2016 budget recommendation, which includes significant program cuts and expanded pension reforms. The Civic Federation said the proposed budget is a starting point for…
The State of Illinois reduces its operating resources by more than 25% annually to provide individuals and businesses tax benefits through exemptions also known as tax expenditures. In FY2013, the most recent year that…
This article reviews the Institute for Illinois' Fiscal Sustainability at the Civic Federation’s FY2016 State Budget Roadmap, an annual report released prior to the…
In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability proposes a comprehensive five-year plan that responds to the dire reality of Illinois’ financial condition with painful, but necessary…
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 and proposes a comprehensive…
A drop in Illinois’ income tax rates—and uncertainty about the implementation of pension changes—could cause the State’s backlog of unpaid bills to grow to $9.9 billion by the end of the 2016 budget year, according to a new forecast by…
On a preliminary trip to Springfield after winning the November election, Governor-elect Bruce Rauner held a press conference to draw attention to some of the gimmicks…
