Government Budgets

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Illinois, Under Siege, Turns to Big BAB Sale

This article examines the State of Illinois’ plan to sell $1 billion in Build America Bonds to raise funds for capital projects. The article mentions that Illinois will have a two-year deficit going into FY2011 of $12.8 billion as reported…

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County health system spent $42 million less than budgeted in 2009

This article discusses how the Cook County Health and Hospital System ended 2009 $42 million under budget. The Civic Federation says that the Health System is showing progress under its new management and board.

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Update on State’s Plan for Medicaid HMOs

The State of Illinois has unveiled more details about its plan to enroll elderly and disabled Medicaid recipients in health maintenance organizations (HMOs) and has announced that the plan is expected to save taxpayers nearly $200 million…

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State Still Waiting On Budget Reform

Although the Governor and General Assembly enacted laws to provide for ethics reform and campaign finance reform last year, much needed fiscal reform of the State’s budget has yet to make it to the top of the legislative agenda in Illinois…

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CTA Service Cuts Looming, But Are they Enough to Balance the Budget?

On February 7 the Chicago Transit Authority (CTA) will implement layoffs and service reductions intended to reduce its FY2010…

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Despite Deficit State Spending Still Growing

The Civic Federation’s Institute for Illinois’ Fiscal Sustainability recently released its examination of the State of Illinois’ enacted FY2010 budget. The analysis shows that the State already faces a two-year budget deficit going into…

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CTA cuts bosses, costs

This article explains how CTA President Richard Rodriguez has reduced the number of managers and personnel costs at the Authority. The Civic Federation is quoted commending Rodriguez’s moves to reduce spending, but expressed concern that…

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How Quinn, Hynes propose to balance budget

This news segment details how the two Democratic candidates for Illinois governor propose to balance the State budget through major changes to the tax structure. In the segment, Civic Federation President Laurence Msall says that the…

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State of Illinois Enacted FY2010 Budget: A Review of the Operating and Capital Budgets Enacted for the Current Fiscal Year

This report examines the $54.3 billion FY2010 operating budget for the State of Illinois that was approved by the General Assembly and signed by Governor Pat Quinn on July 15, 2009. The report compares this enacted budget with both the…

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Civic Federation: Illinois Budget Deficit Now Totals at Least $12.8 Billion

(CHICAGO) The Civic Federation’s Institute for Illinois’ Fiscal Sustainability released an independent examination of the enacted FY2010 State of Illinois budget today. The first-of-its-kind report is designed to provide Illinois residents…