Report Suggests More State Revenue Declines
Tax revenues that states depend on to fund operations continue to decrease, dropping at least $119.7 billion nationwide in the most recent fiscal quarter. A study released by the…
Tax revenues that states depend on to fund operations continue to decrease, dropping at least $119.7 billion nationwide in the most recent fiscal quarter. A study released by the…
While politicians, unions and other supporters of Howe Developmental Center fight to keep it open, a new report from the U.S. Justice Department has raised more questions about Howe’s viability.…
The State of Illinois’ inadequate funding of its employee retirement systems has already contributed to downgrades in the State’s credit ratings and will continue to affect rating decisions for many years, according to a new report by…
Governor Pat Quinn plans to borrow an additional $900 million to keep the State of Illinois afloat, marking the third time since May of 2009 that the State has used short-term borrowing to offset revenue shortfalls. The Governor said last…
The State of Illinois’ fiscal crisis has had a major impact on the State’s employee health insurance plan, delaying payments on employee medical bills paid by the State for roughly seven months and causing the State to delay paying…
The State of Illinois’ personal income tax revenue for FY2010 is now expected to be $850 million lower than projected when the budget was approved in July 2009, according to David…
The Illinois House of Representatives voted on October 14, 2009 to reduce the number of votes required to override a veto by the Cook County Board President from an extraordinary four-fifths—or 14 of 17 commissioners—to three-fifths or 11…
As part of his efforts to rein in the State of Illinois budget, Governor Pat Quinn is requiring all state retirees to contribute to the costs of their dental…
Tens of thousands of Medicaid recipients and doctors were involved in potentially fraudulent or abusive purchases of prescription drugs in 2006 and 2007 in five states, including Illinois, according to…
The surprise expansion of gambling to all corners of Illinois in the form of legalized video poker that was enacted by the General Assembly has not been well received by many residents or local governments. A recent poll conducted by the…