12.26.13
The following posts were among the most highly read on the Institute for Illinois’ Fiscal Sustainability’s blog in 2013 and represent some of the most closely followed Illinois fiscal issues this year:
...
Library
09.06.13
Earlier this spring the Civic Federation opposed the $26 billion capital plan proposed by Governor Quinn because it was unaffordable over time and was not based on a capital...
02.01.13
State bond funding for infrastructure projects in Illinois is running out after a $500 million issuance was pulled from the market earlier this week. The bond sale was cancelled due to concerns about higher than expected interest rates from bidders on the competitive issuance in the wake of the...
10.26.12
A national report on state budget issues released this week details the ongoing operating budget problems in Illinois and highlights the State’s dire need to invest in its neglected infrastructure.
According to the State Budget Crisis Task Force...
05.01.12
The Civic Federation supports Governor Pat Quinn’s $57.4 billion FY2013 recommended operating budget, because it acknowledges the depth of the State’s financial problems and would put...
03.16.12
Three weeks after Governor Pat Quinn delivered his FY2013 budget address, details on the recommended FY2013 capital budget are still not widely available. In most years, the Governor is required under the...
11.11.11
The Civic Federation's legislative priorities for 2012 include public pension reform, requiring the State of Illinois to develop and implement a capital improvement plan, dissolving the Illinois...
Chicago Transit Authority President’s Proposed FY2012 Operating Budget: Analysis and Recommendations
11.07.11
The Civic Federation supports the FY2012 proposed Chicago Transit Authority budget of approximately $1.2 billion because it ends the past practice of using capital funds to close operating gaps...
09.30.11
Entering the third year of the Illinois Jobs Now! capital program, the State’s capital revenue sources are still well below the anticipated debt coverage needed to pay for the more than $16 billion in bond funded projects already approved.
In July 2009, along with a...
08.25.11
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 with a considerable increase in spending on new projects...