An issue in this year’s election campaign for Illinois Governor has concerned the State’s budgetary trends since FY2009. Different conclusions can be reached depending on which numbers are included in the analysis. Counting pension…
A recent poll of Illinois voters might help explain why elected officials have been reluctant to make difficult decisions to solve the State of Illinois’ fiscal crisis. The…
The State appears one step closer to implementing new performance measurement requirements that may significantly improve the General Assembly’s annual budget appropriations process. Illinois Senate President John Cullerton…
The State of Illinois is allowed to carry bills from one fiscal year through a specified period of time in the next fiscal year. This period of time—known as the lapse period—has been extended for FY2010 from two months to six months to…
Citing reliance on one-time revenue sources, such as borrowing, to try and close its FY2011 operating shortfall, Moody’s Investors Service…
The State of Illinois will receive less federal Medicaid funding than it budgeted for in FY2011—but more than had been feared several months ago. After months of debate, Congress in August of 2010 passed and President Obama signed a…
Only two months into the new fiscal year, the State of Illinois has already begun pushing FY2011 operating costs into the next fiscal year. By borrowing cash on hand in the State’s special funds, rather than sweeping it, the State…
The State of Illinois lags behind other states in the use of community care for the developmentally disabled, but a new plan would bring Illinois in line with national standards by 2017. The…
To help the public gain a better understanding of its 2011 preliminary budget and funding programs, the Regional Transit Authority is hosting two free “webinars” on September 16 and September 22. The…
Earlier this week the Institute for Illinois’ Fiscal Sustainability at the Civic Federation released…
