01.06.21
UPDATE : In the final hours of the lame duck session on January 13, the Illinois General Assembly passed legislation providing for spending up to $150 million annually through fiscal year 2027 to modernize safety net hospitals....
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12.14.20
The Civic Federation is examining the fiscal impact of the COVID-19 pandemic on the State of Illinois and its local governments. The following are blog posts and other items covering various...
12.14.20
UPDATE : The $900 billion relief bill passed by Congress on December 21 did not provide more financial assistance for state and local governments, but it did extend for about one year...
11.20.20
Illinois has lost less tax revenue than expected this year due to the COVID-19 pandemic, but the State still faces a significant budget gap, according to the latest official projection.
The Governor’s annual...
10.23.20
09.17.20
The General Assembly enacted an approximately $49.2 billion capital budget on May 24, 2020. [1] Spending proposed in the capital budget includes funding from the State, grants from the federal government and local matching funds. The multi-year...
05.04.20
UPDATE : On May 5, Illinois delayed the planned sale of $1.2 billion of...
04.15.20
The $2.2 trillion economic relief legislation passed by Congress in late March contains significant new funding for States and large local governments. Exactly how the money will be split appears to have caused...
04.13.20
Like most states that levy income taxes, Illinois has followed the federal government in extending the...
04.03.20
States are currently facing monumental fiscal challenges posed by the economic and revenue impacts of the coronavirus pandemic. However, their ability to use fiscal policies to address these challenges is quite limited due to structural and capacity issues. Only the federal government has the...