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...
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11.19.20
11.16.20
11.12.20
Chicago Mayor Lori Lightfoot’s proposed budget for the fiscal year starting January 1, 2021 includes a property tax increase of $93.9 million for a total property tax levy of $1.6 billion. This blog post will explore the three component parts of the increase.
The City of Chicago, as a...
09.18.20
UPDATE : On September 21, the Cook County Health (CCH) Board approved by a vote of eight to three an amended FY2021 proposed budget with $40 million of additional County funding, instead of the $53...
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...
09.04.20
In a recent analysis of the Chicago Public Schools FY2021 budget, the Civic Federation supported the District’s proposed $8.4 billion budget. However, the Federation expressed serious concerns about the budget’s reliance on $343 million in...
05.04.20
UPDATE : On May 5, Illinois delayed the planned sale of $1.2 billion of...
03.06.20
As described in a previous blog post , Governor J.B. Pritzker’s...
02.28.20
Illinois Governor JB Pritzker’s second budget proposal avoids many of the pitfalls of his...