Earlier this week the Institute for Illinois’ Fiscal Sustainability at the Civic Federation released its analysis of Governor Pat Quinn’s proposed FY2012 operating budget. The report found that the proposed FY2012 budget had a General Funds operating shortfall of $2.4 billion due to increased spending and overestimated revenues. The Civic Federation opposed the Governor’s proposed budget due to…
This editorial discusses findings in the Civic Federation’s analysis of the Governor Quinn’s FY2012 budget proposal for the State of Illinois.
This article discusses the Civic Federation’s analysis of the State of Illinois FY2012 proposed budget. It highlights the Federation’s reasons for rejecting the budget plan, which include a budget gap of $2.4 billion and a dependence on borrowing to pay overdue bills.
A key component of Cook County’s plan to remake its public health system was rejected by a State of Illinois board on May 10, 2011, adding to concerns that the County might have difficulties implementing its FY2011 budget. At a meeting in Joliet, the Illinois Health Facilities and Services Review Board (Health Facilities Board) rejected by one vote the request to end inpatient and emergency room…
The State of Illinois’ largest area of capital investment, transportation projects, received a funding boost this week when the federal government announced additional grants to support high-speed rail projects in Illinois. The U.S. Department of Transportation notified Illinois in the past week that it would receive two additional grants for high-speed rail. On May 4, 2011, the State…
Civic Federation President Laurence Msall discusses Governor Quinn’s FY2012 budget and pension reform in this roundtable discussion.
Mike McConnell interviews Civic Federation President Laurence Msall about the Federation’s analysis of the State of Illinois’ FY2012 budget proposal in this segment. Mr. Msall discusses the State’s spending plans and the pressure that the State’s backlog of unpaid bills has put on the State’s finances.
Civic Federation President Laurence Msall discusses the Federation’s analysis of the State of Illinois’ FY2012 budget proposal in this interview.
In this blog post, Crain’s columnist Greg Hinz discusses the Civic Federation’s analysis of Governor Quinn’s FY2012 State of Illinois budget proposal. The Civic Federation says that it cannot support a budget proposal that increases appropriations while bills to service providers remain unpaid.
How the administration of City of Chicago Mayor-elect Rahm Emanuel will support Chicago-area business is the focus of this article. The Civic Federation says that the City faces a major challenge in a budget gap of at least $500 million that must be filled in order to stabilize the City’s finances.