Capital

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Report finds Quinn's proposed budget unbalanced

Civic Federation President Laurence Msall discusses the Federation’s analysis of the State of Illinois’…

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Quinn budget hole twice as big as reported by: Civic Fed

In this blog post, Crain’s columnist Greg Hinz discusses the Civic Federation’s analysis of Governor Quinn’s…

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Tax Watchdog Group: State Budget Much Worse Than Quinn Says

In this interview, Civic Federation President Laurence Msall discusses the Federation’s analysis of…

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Civic Group: Gov. Quinn’s proposed 2012 budget not ‘realistic’

The Civic Federation’s analysis of the State of Illinois FY2012 budget proposal is the focus of this…

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Study: Quinn budget plan shows deficit topping $9 billion

This article discusses the Civic Federation’s analysis of the State of Illinois’ FY2012 proposed budget.

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State of Illinois FY2012 Recommended Operating and Capital Budgets: Analysis and Recommendations

The Civic Federation opposes Governor Pat Quinn’s $52.7 billion FY2012 recommended operating budget for the State of Illinois because it is unbalanced by approximately $2.4 billion and is based on the premise that long-term borrowing is…

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Governor’s Budget Proposes Increased Spending, Artificially Inflated Revenues, Expensive Borrowing; Civic Federation Opposes Unbalanced Budget and Urges Spending Restraint

(CHICAGO) A new report by the Institute for Illinois’ Fiscal Sustainability at the Civic Federation has found that Governor Quinn’s proposed budget is unbalanced by a total of $2.4 billion when artificially inflated revenues of $970.9…

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State Considering More Borrowing After Tax Increase

The State of Illinois is anticipating a large increase in revenues from income tax rate increases approved in January and additional resources from borrowing to make its pension payment for the second year in a row. Even so, the Governor…

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Recovery Bond Program Ends, Illinois Expects $1 Billion in Subsidies

Congress appears to have sealed the fate of the federal Build America Bond (BAB) subsidy by not including renewal of the program in the package of unemployment benefits and…

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Niles to Weigh Ban on Video Gaming Machines

This article follows a debate in the suburban community of Niles over whether to allow video gaming within city limits. The Civic Federation says that it opposes video gaming because it is an unreliable source of revenue for governments.