05.09.17
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The Civic Federation’s Institute for...
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02.24.17
As Illinois endured its 20th month without a complete budget, Governor Bruce Rauner proposed a financial plan for the upcoming fiscal year with a significant operating deficit and no details on how to address the State’s multi-billion backlog of unpaid bills.
The...
02.10.17
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Prior to the release of the Governor’s annual budget recommendation, the...
02.10.17
The Institute for Illinois’ Fiscal Sustainability at the Civic Federation today released its annual Roadmap , with recommendations to restore fiscal balance to Illinois.
Illinois has gone more than 19...
02.11.16
Prior to the release of the Governor’s annual budget recommendation, the Institute for Illinois’ Fiscal Sustainability at the Civic Federation releases an analysis of the State of...
01.14.16
A new report by Governor Bruce Rauner’s administration projects that the State of Illinois’ backlog of unpaid bills could grow to $25.0 billion in FY2019 from $4.4 billion in FY2015 based on current tax and spending policies.
The...
01.02.15
A drop in Illinois’ income tax rates—and uncertainty about the implementation of pension changes—could cause the State’s backlog of unpaid bills to grow to $9.9 billion by the end of the 2016 budget year, according to a new forecast by Governor Pat Quinn’s office.
Along with the decline...