Revenues

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Civic Federation Cannot Support Governor’s FY2018 Budget

Civic Federation urges governor and legislators to pass comprehensive, balanced budget (CHICAGO) – In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability announced it cannot support Illinois…

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State of Illinois FY2018 Recommended Operating Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation’s Institute for Illinois’ Fiscal Sustainability not able to support…

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Budgetless Illinois Is Overspending By $6B, Experts Say

This article discusses a recent Illinois Senate Appropriations Committee hearing where legislators heard testimony regarding the State’s continued spending far in excess of its known revenues due to the absence of a budget. During his…

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Revenue Underperformance Adds to the Difficulty of Balancing Illinois’ Budget

In addition to many other obstacles to achieving a balanced budget, Illinois now faces another setback this week, this time in the form of under-performing revenues. A…

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Possible Thompson Center Sale Is Small, Positive Sign

This segment discusses the possible sale of the State of Illinois’ James R. Thompson Center. Laurence Msall, President of the Civic Federation, says that the sale of the building could be a positive development for the State but also…

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Coverage of FY2018 State of Illinois Budget Roadmap

The following news items cover the release of the Institute for Illinois’ Fiscal Sustainability at the Civic Federation's State of Illinois FY2018…

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Civic Federation Proposes Comprehensive Multi-Year Plan To Stabilize Illinois Finances

(CHICAGO) – In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability proposes a comprehensive five-year plan that addresses the State’s ongoing financial crisis and budget impasse with painful but…

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State of Illinois FY2018 Budget Roadmap

Click here to read the full report.Prior to the release of the Governor’s annual budget recommendation, the Institute for Illinois’ Fiscal Sustainability at the Civic…

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Civic Federation calls AG's move on state pay 'right on target'

This article discusses Illinois Attorney General Lisa Madigan’s motion to stop State of Illinois workers from being paid in the absence of a State budget. Civic Federation President Laurence Msall remarks that Illinois’ constitution is…

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2016 Year in Review for Institute for Illinois’ Fiscal Sustainability Blog Posts

The following are the five most read blog posts presented by the Institute for Illinois’ Fiscal Sustainability in 2016. These posts discuss issues ranging from penalties on Illinois’ overdue bills to the ongoing state budget impasse.…