Civic Federation President Laurence Msall discusses Governor Quinn’s FY2012 budget and pension reform in this roundtable discussion.
Mike McConnell interviews Civic Federation President Laurence Msall about the Federation’s analysis of the State of Illinois’ FY2012 budget proposal in this segment. Mr. Msall discusses the State’s spending plans and the pressure that the State’s backlog of unpaid bills has put on the State’s finances.
Civic Federation President Laurence Msall discusses the Federation’s analysis of the State of Illinois’ FY2012 budget proposal in this interview.
In this blog post, Crain’s columnist Greg Hinz discusses the Civic Federation’s analysis of Governor Quinn’s FY2012 State of Illinois budget proposal. The Civic Federation says that it cannot support a budget proposal that increases appropriations while bills to service providers remain unpaid.
In this interview, Civic Federation President Laurence Msall discusses the Federation’s analysis of State of Illinois Governor Pat Quinn’s FY2012 proposed budget for the State.
The Civic Federation’s analysis of the State of Illinois FY2012 budget proposal is the focus of this article. The Federation says that the proposal, which is unbalanced, is not sustainable and does not do enough to pay off the State’s backlog of unpaid bills.
This article discusses the Civic Federation’s analysis of the State of Illinois’ FY2012 proposed budget.
The Civic Federation opposes Governor Pat Quinn’s $52.7 billion FY2012 recommended operating budget for the State of Illinois because it is unbalanced by approximately $2.4 billion and is based on the premise that long-term borrowing is the right tool to dig the State out from under its massive backlog of unpaid bills and other obligations. To the contrary, the Governor’s proposed borrowing is…
(CHICAGO) A new report by the Institute for Illinois’ Fiscal Sustainability at the Civic Federation has found that Governor Quinn’s proposed budget is unbalanced by a total of $2.4 billion when artificially inflated revenues of $970.9 million are taken into account. The 98 page analysis of the Governor’s proposed $52.7 billion FY2012 budget was released today on the Civic Federation website at…
The Pew Center on the States recently released its report card on the health of state pension systems. Just as they were last year, the funding status of Illinois’ pension systems is the worst in the nation, with the State only funding 51% of its liabilities through FY2009. States in marginally better shape include West Virginia with 56% funding and Oklahoma at 57%. Illinois has its work cut out…