Revenues

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Editorial: Horrors ahead

This editorial features recommendations found in the Civic Federation’s FY2017 Budget Roadmap and discusses Illinois’ potentially bleak future if steps aren’t…

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Gov. Rauner To Give Budget Address As Stalemate Continues

This segment discusses Governor Rauner’s upcoming Budget Address and the budget impasse’s impact on Illinois service organizations. In addition to comments from Civic Federation President Laurence Msall, the piece also highlights…

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More Warnings, Advice For Illinois Lawmakers

This article reports on the Civic Federation’s three-year plan to help stabilize Illinois’ budget. Laurence Msall, President of the Civic Federation, comments on…

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Civic Federation: Illinois Needs $9.4 Billion in New Taxes by 2019 to Survive

This article discusses the initiatives highlighted in the Civic Federation’s FY2017 State of Illinois Budget Roadmap necessary to stabilize Illinois’ finances.…

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Civic Federation lays out painful plan to stabilize Illinois finances

This article covers the release of the Civic Federation’ s FY2017 State of Illinois Budget Roadmap, released in advance of Governor Bruce Rauner’s forthcoming…

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State of Illinois FY2017 Budget Roadmap

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. This report presents the Civic…

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Civic Federation Proposes Comprehensive Plan to Stabilize Illinois Finances by End of FY2019

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

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Past Due: Can Illinois Run Out Of Money?

This segment asks whether Illinois can run out of money while the State’s budget impasse continues. Civic Federation President Laurence Msall explained that the State is still receiving revenue, but that revenue can only be spent if there…

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Video Gaming Continues to Grow in Illinois While Casinos and Lottery Falter

Revenue collected by the State of Illinois from the largest two areas of legal gaming in the State, riverboat casinos and lottery, both declined significantly in fiscal year 2015 while the State’s more recently implemented video gaming…

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Can Illinois Produce More Revenue? Legislators Say YES

This segment covers a community forum in which certain Illinois legislators said the State has more options for increasing revenue. Senator Pat McGuire cited the Civic Federation’s…