This report analyzes the potential financial impact if Illinois were to come into compliance with the Streamlined Sales Tax Agreement. It projects both potential revenue increases from taxing internet and other remote sales as well as the…
The Civic Federation supported the Tollway's plan to rebuild the toll road system and construct an I-355 south extension by raising tolls for trucks and non-I-PASS users. Unlike past proposals, this plan uses a mix of bond and "pay-as-you…
This issue brief provides a "plain English" description of how GASB 34 has increased transparency in government financial reporting. It is illustrated with examples from the City of Chicago's FY2002 CAFR, as well as State of Illinois and…
The Civic Federation supported the rejection of any broad-based tax increases but opposed the proposal to reduce pension funding by $310 million and extend payment of that amount over a 41-year period.
Civic Federation President Laurence Msall is a member of the Governor's 2004 Pension Commission. The Civic Federation opposes the pension funding options recommended in the Commision's Interim Report, but supports many of the suggested…
The Civic Federation supported the Governor's rejection of any broad-based tax increases but opposed the proposal to reduce pension funding by $527 million to balance the budget. It urged the General Assembly to hold public hearings to…
The Civic Federation supported the Governor's rejection of any broad-based tax increases but opposed the proposal to reduce pension funding by $527 million to balance the budget. It urged the General Assembly to hold public hearings to…
The Civic Federation supported some of the resolutions before the Northeastern Illinois Regional Transportation Task Force. It urged the Task Force to consider the criteria of sound fiscal policy, improved service, and continued federal…
This report provides a concise, objective analysis of the revenue structure of the State of Illinois.
The Civic Federation supported the FY2004 $52.4 billion State budget because it successfully eliminated a $5.4 billion deficit without any broad based tax increases. The Federation reiterated its support for the pension obligation bond…
