04.12.18
On April 5, 2018 the City Colleges of Chicago Board of Trustees unanimously approved Board Resolution 33420 , which changes the tuition rate from a tier-based rate structure to a hybrid tuition rate structure....
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04.06.18
New monthly reports by the Illinois Comptroller’s Office provide the first detailed public information about interest penalties owed on the State’s mountain of overdue bills. As of the end of...
03.30.18
*Note: This blog post was updated on April 13, 2018 with more recent information on the Chicago Public Schools’ short-term borrowing and cash flow position.
Chicago Public Schools (CPS) is heading into the next annual budget cycle for the 2019 fiscal year that begins on July 1, 2018. In...
03.23.18
In a recent post , this blog analyzed the potential impact on State of Illinois revenues from replacing the current flat income tax rate with a graduated income tax. This post extends...
03.15.18
In a previous blog post , the Civic Federation explored the Illinois State Actuary’s findings in its first...
03.09.18
Of the 41 states with broad-based personal income taxes, Illinois is one of eight with a flat tax rate. The Illinois Constitution...
03.07.18
Click here to read this issue brief.
This annual brief...
02.28.18
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...