State of Illinois

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Five-Year Medicaid Projections Show Growth in Unpaid Bills

The State of Illinois FY2013 Budget Roadmap, issued on January 30, 2012 by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability, relies on a five-year budget analysis…

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Civic Federation and Federal Reserve Bank of Chicago to Co-Host March 14 Conference on Public-Private Partnerships

State and local governments across the nation increasingly are using alternative service delivery efforts, known as public-private partnerships (P3s) to provide a wide variety of services, from printing to janitorial services to major…

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State of Illinois FY2013 Budget Roadmap: Budget Overview, Projections and Recommendations for the Governor and the Illinois General Assembly

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. The FY2013 Roadmap includes a…

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Two State Facilities to Close in 2012

On January 19, 2012, Governor Pat Quinn announced plans to close a State psychiatric hospital in Tinley Park and a State residential…

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State Closes the Books on Last Year’s Bills

Six months after the end of the last fiscal year, the Illinois State Comptroller is reporting that $5.2 billion of FY2012…

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Illinois’ Bond Sale: Was the Cost Historically Low or Too High?

On January 11, 2012, the State of Illinois sold $800 million of General Obligation bonds to support capital projects. The bond offering included $525 million of tax-exempt bonds, as well as $275 million…

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Governor’s Three-Year Budget Projections: More Cuts and Looming Deficits

Governor Pat Quinn released a three-year budget projection for the State of Illinois this week that shows only minor improvements in the State’s…

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IIFS Blog Provided Timely Analysis of 2011 State of Illinois Fiscal Developments

In 2011 the IIFS blog provided weekly context, information and perspective on key fiscal issues in the State of Illinois. Posts in 2011 focused on analysis of FY2012 Illinois budget negotiations, analysis of the ongoing Illinois pension…

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State Grants Tax Breaks to Corporations and Individuals

On December 16, 2011, the Governor signed half of a tax incentive package that was sent to him earlier in the week by the legislature. The package of tax incentives had failed to advance earlier in the veto session. After splitting a…

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Annual State Pension Cost Projected To Grow By $2.1 Billion Through FY2017

One of the greatest challenges facing the State of Illinois as it struggles to balance its annual operating budget is the continued growth in pension-related costs. As…