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Capital

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Total Illinois Budget Deficit Set to Grow in FY2012

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State Expands Capital Budget with Additional Transportation Spending

As the State of Illinois enters the third year of its Illinois Jobs Now! capital program, the Governor and General Assembly enacted a capital budget for FY2012…

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State FY2012 Budget Update: Capital Bill Reauthorization and More Medicaid Interfund Borrowing

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Capital Planning in Major Cities

A critical fiscal process for state and local governments is the planning and funding of capital projects. The literature on best practices for capital budgeting is not as robust as for operating budgets and there is significant variety in…

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Greising: Pension Inaction Blights Legislative Session

This article discusses some of the actions made by the State of Illinois General Assembly during the spring legislative session. The article cites Civic Federation data that showed debt dedicated to the State's pension system has exceeded…

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State Budget Includes Paying for Pension Without Borrowing

Earlier this week the Institute for Illinois’ Fiscal Sustainability at the Civic Federation released its analysis of…

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Disputed budget figures part of state’s problem

This editorial discusses findings in the Civic Federation’s analysis of the Governor Quinn’s FY2012 budget proposal for the State of Illinois.

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Chicago Group Rejects Much of Illinois Budget

This article discusses the Civic Federation’s analysis of the State of Illinois FY2012 proposed budget. It highlights the Federation’s reasons for rejecting the budget plan, which include a budget gap of $2.4 billion and a dependence on…

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Investments in Transportation Dominate State Capital Spending

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Mike McConnell: 5-09-11

Mike McConnell interviews Civic Federation President Laurence Msall about the Federation’s analysis of the…