05.09.18
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The Civic Federation’s...
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02.23.18
Amid concerns about renewed political stalemate in Springfield, Illinois Governor Bruce Rauner on February 14, 2018 proposed a budget for the next fiscal year that relies on shifting State pension and health insurance...
02.16.18
Illinois Governor Bruce Rauner presented his annual budget address on February 14, 2018, outlining his...
02.09.18
Click here to read the full report.
Prior to the release of the Governor’s annual...
12.27.17
The following are the five most read blog posts presented by the Institute for Illinois’ Fiscal Sustainability in 2017. These posts discuss issues ranging from Medicaid expansion to the end of Illinois’ historic two-year budget impasse and related legislation.
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11.09.17
2018 Civic Federation Legislative Priorities The Civic Federation's...
11.09.17
The financial condition of Illinois’ pension funds improved slightly due to strong investment returns, but they remained critically underfunded at the end of fiscal year 2017.
The five State-funded retirement systems had total unfunded liability of $129.1 billion as of June 30, 2017,...
10.13.17
When the Illinois General Assembly overrode Governor Rauner’s veto of the FY2018 budget package in July, it estimated that the enacted budget would have an operating surplus of about $360 million....
09.07.17
For nearly two months, the fate of Illinois’ budget for the current fiscal year was in doubt because of Governor Bruce Rauner’s veto of a school funding bill . With...
08.25.17
Seven weeks after the General Assembly enacted Illinois’ first budget in three years by overriding the Governor’s veto, the backlog of bills owed by the State still stood at $14.5 billion ....