01.06.21
UPDATE : In the final hours of the lame duck session on January 13, the Illinois General Assembly passed legislation providing for spending up to $150 million annually through fiscal year 2027 to modernize safety net hospitals....
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12.14.20
The Civic Federation is examining the fiscal impact of the COVID-19 pandemic on the State of Illinois and its local governments. The following are blog posts and other items covering various...
12.14.20
UPDATE : The $900 billion relief bill passed by Congress on December 21 did not provide more financial assistance for state and local governments, but it did extend for about one year...
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...
10.23.20
10.23.20
10.09.20
The State of Illinois’ FY2020 fourth quarter revenue report contained a surprising result for two of the State of Illinois’ three main...
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...
08.12.20
As state and local governments...
08.06.20
The COVID-19 pandemic has had a devastating impact on state budgets, with tax revenue shortfalls estimated to total about $200 billion for fiscal years 2020 and 2021 compared with initial projections. [1] What actions are states taking to deal with...