03.30.17
On Friday March 24, 2017 Illinois Governor Bruce Rauner vetoed Senate Bill 2437, legislation that was intended to increase city funding to help...
03.30.17
On Friday March 24, 2017 Illinois Governor Bruce Rauner vetoed Senate Bill 2437, legislation that was intended to increase city funding to help...
03.24.17
On March 22, two State Senate committees heard testimony on Illinois’ fiscal crisis. The not surprising message of the nearly three-hour hearing: the State’s budget problems have built up over many years, driven largely by rising pension costs, and will not be easy to fix.
Thomas...
03.16.17
The Civic Federation released its second report on unincorporated areas of Cook County in September 2016. The report makes recommendations to promote incorporation of unincorporated areas in Cook...
03.10.17
In addition to many other obstacles to achieving a balanced budget, Illinois now faces another setback this week, this time in the form of under-performing revenues. A...
03.02.17
Chicago Public Schools (CPS) recently adopted its second amended budget of the 2017 fiscal year in an effort to balance its budget and close a $215.2 million hole before its fiscal year ends on June 30, 2017.
Chicago Public Schools adopted a $5.46 billion operating budget in August 2016...
02.24.17
As Illinois endured its 20th month without a complete budget, Governor Bruce Rauner proposed a financial plan for the upcoming fiscal year with a significant operating deficit and no details on how to address the State’s multi-billion backlog of unpaid bills.
The...
02.17.17
The Cook County Circuit Court recently ruled that the City of Chicago cannot tax other tobacco products according to Illinois state law. The City’s home rule tax on these products was expected to bring in $6.0 million in revenue.
Other tobacco products (OTP) include the following non-...
02.10.17
Click here to read the full report.
Prior to the release of the Governor’s annual budget recommendation, the...
02.10.17
The Institute for Illinois’ Fiscal Sustainability at the Civic Federation today released its annual Roadmap , with recommendations to restore fiscal balance to Illinois.
Illinois has gone more than 19...
02.06.17
Click here to read this issue brief. This annual brief provides a compilation of selected consumer...