12.21.10
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 tax incentives authorized last week. Now with less...
12.21.10
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 tax incentives authorized last week. Now with less...
12.16.10
Illinois lawmakers are on a fast-track schedule to reform the State’s Medicaid program, but proposals from state officials and other experts appear to face stiff opposition.
As...
12.09.10
Despite initial results showing that the State of Illinois’ recent tax amnesty program brought in more than $500 million in delinquent tax revenues, a report from the legislature’s financial oversight...
12.09.10
UPDATE: The Civic Federation commends Governor Pat Quinn for signing...
12.02.10
UPDATE: The Civic Federation commends Governor Pat Quinn for signing Senate Bill 3538 , a bill reforming police and fire pensions in Illinois, on...
12.02.10
State of Illinois officials want to tighten procedures for Medicaid by using electronic data to verify eligibility—a step also viewed as crucial to deal with the surge in Medicaid enrollment expected under federal healthcare reform.
On November 29, 2010, Julie Hamos, Director of...
11.23.10
The operating budget enacted by the State of Illinois for FY2011 is based on General Funds revenues projected to be slightly higher than last year’s, and so far actual monthly revenues appear to be on target to meet or exceed these expectations.
This increase signals the State’s hope...
11.18.10
A new report by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability (IIFS) shows why the State of Illinois is struggling to make its...
11.18.10
This report examines the State of Illinois’ $53.5 billion operating budget for Fiscal Year 2011, which began on July 1, 2010 and ends on June 30, 2011. The report focuses on the $25.8...
11.11.10
When the General Assembly reconvenes next week for its annual veto session, it is expected to continue deliberating whether to borrow in FY2011 to make its required pension payment. If approved, the borrowing plan would lighten the load on the...