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Capital

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Illinois General Assembly Approves Expanded Capital Budget with Additional Borrowing

Although Governor Pat Quinn originally proposed a capital budget for FY2015…

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State of Illinois Capital Budget Forgoes New Bond-Funded Projects

The capital budget proposed by Governor Pat Quinn for FY2015 represents the sixth year of the Illinois Jobs Now! capital spending program and the first year since its inception that new bond-funded projects are not included in the…

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Civic Federation Opposes Governor's Recommended Budget

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State of Illinois FY2015 Recommended Operating Budget: Analysis and Recommendations

The Civic Federation opposes Governor Pat Quinn’s recommended budget for FY2015 because it uses revenue from extending the 2011 temporary income tax increase for new spending. The State’s fiscal crisis demands that any increased revenue be…

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Governor’s Five-Year Projections Illustrate Dramatically Different Financial Paths

As part of the FY2015 budget recommendation for the State of Illinois, Governor Pat Quinn provided two separate five-year projections for both “…

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2013 Year in Review on the Institute for Illinois’ Fiscal Sustainability Blog

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Capital Planning Overview: State and Local Government Summary

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Summer Bond Sales Begin to Stretch State’s Debt Service Funding

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Another Disappointing Year for State Construction Revenues

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Rahm Emanuel Has an Idea

This article examines the Chicago Infrastructure Trust, introduced by Mayor Emanuel in March 2012 to attract private sector funds to rebuild the City of Chicago’s aging infrastructure. It cites the…