State of Illinois Budget

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The State of Illinois Infrastructure

This report provides an overview of the condition and funding of Illinois infrastructure based on a compilation of various needs assessments from public agencies that manage infrastructure in the State including the Illinois State Toll…

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State Budget Reform Group Takes Aim at Mandates

In its second annual report issued earlier this month, the Illinois…

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Report Shows Illinois Infrastructure Needs Exceed $300 Billion

A national report on state budget issues released this week details the ongoing operating budget problems in Illinois and highlights the State’s dire need to invest in its neglected infrastructure. According to the State Budget Crisis Task…

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Local Governments to Receive $182 Million Less in Replacement Taxes in FY2013

The fact that the State of Illinois is no longer behind on paying business income tax refunds is good news for taxpayers and the State budget. But due to an obscure provision of State law, the elimination of the refund backlog also means…

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State Capital Budget Rolls On With Little Public Scrutiny

Although discussion about the State of Illinois’ annual budget primarily focuses on the operating expenditures the State also appropriates significant funding each year for capital investments. The State approved a $22.7 billion capital…

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State of Illinois Enacted Budget FY2013: A Review of the Operating Budget for the Current Fiscal Year

This analysis of the State of Illinois’ Fiscal Year 2013 budget estimates that projected savings could reduce the State’s existing backlog of $8.9 billion in unpaid bills by roughly $1.3 billion, but warned that the reduction may be…

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Illinois FY2013 Budget Starts to Pay Down Multibillion Dollar Backlog of Unpaid Bills: State's Severely Underfunded Pension Systems Remain a Threat

An analysis released today by the Institute for Illinois’ Fiscal Sustainability at the Civic Federation estimated the State’s FY2013 budget could reduce the existing backlog of unpaid bills by roughly $1.3 billion, but warned that the…

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State Expects to Clear Backlog of Unpaid Income Tax Refunds in FY2013

      Although the State of Illinois is still burdened with a multibillion-dollar backlog of unpaid bills, one…

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Pensions Consume Growing Share of State Revenues

On August 17, 2012, Illinois legislators adjourned a special one-day session of the General Assembly…

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State’s FY2013 Budget Still Missing Significant Components

The State of Illinois’ enacted budget for FY2013 is missing key components needed to carry out the General Assembly’s spending plan, according to a recent filing in…