Revenues

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Safe roads backers' tax claim defies reality

This article discusses a proposed constitutional amendment that would make the State of Illinois’ transportation revenue off limits for other purposes, noting that the amendment would not prevent State tax increases. Laurence Msall,…

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Voice of The Southern: Vote no on ‘lockbox’ amendment

This editorial discusses a proposed amendment to the Illinois constitution that would restrict the State of Illinois in how it uses transportation-related revenues. The editorial board urges Illinoisans to vote ‘no’ on the provision. Civic…

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Illinois Puts Constitutional Road Budget Change On Ballot

This article examines a proposed constitutional amendment that would prevent the State of Illinois from diverting transportation funds for other uses and discusses the potential consequences it could have. Laurence Msall, President of the…

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On the ballot: What is the transportation funds ‘lockbox’ constitutional amendment?

This article discusses a proposed constitutional amendment on the November 2016 ballot that would prevent the State of Illinois from diverting transportation funds for other uses. Civic Federation President Laurence Msall explains that…

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Illinois’ reputation, nonprofits could suffer from budget impasse

This segment discusses the long-term damage being done to the State of Illinois as the State approaches one full year without a budget in place. Civic Federation President Laurence Msall discusses the consequences of the budget impasse and…

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State Budget Impasse Continues as New Fiscal Year Approaches

With the current year’s budget still incomplete, the State of Illinois is now facing the prospect of starting another year without a financial plan. Due to a political dispute between Illinois’ Republican Governor and Democratic…

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Budget Stalemate nearing 1 year in Springfield: How did we get here?

This segment discusses the State of Illinois’ almost year-long budget impasse and how the expiration of the 2011 temporary income tax hike in 2015 has affected the State’s finances. Civic Federation President Laurence Msall remarks that…

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Failure to pay bills on time has cost Illinois nearly a billion dollars

This segment reports on the State of Illinois paying more than $900 million in penalties for late bill payments in the past six years, which is highlighted in the Civic Federation’s…

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Editorial: Pot, meet kettle

This editorial reports on findings included in the Civic Federation’s recent analysis of Governor Rauner’s FY2017 proposed budget and…

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State Capital Budget Shortfall Continues to Grow

The State of Illinois can add another complication to its already stressed financial condition, an $800.7 million shortfall in its capital spending plan caused by failure in several of the dedicated revenue sources enacted to fund debt…