Government Budgets

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Illinois General Assembly Approves Expanded Capital Budget with Additional Borrowing

Although Governor Pat Quinn originally proposed a capital budget for FY2015…

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FY2014 Public Safety Spending in Cook County

Cook County is a home rule government with three primary responsibilities: collecting tax and fee revenue, protecting public health through the administration of a public health and hospital system and ensuring public safety and justice…

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New Details Emerge on FY2015 Illinois Budget

A week after the Illinois General Assembly ended its spring session, legislative leaders circulated new information about the FY2015 spending plan approved by lawmakers. General…

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Budget plan could impair Illinois' credit standing

This article discusses Illinois’ FY2015 budget approved by State Legislators last week, which fails to provide adequate funding for a full year despite borrowing for operations and shifting revenue from FY2014. The Civic Federation said…

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Illinois House Defers Major Budget Decisions

UPDATE: Illinois General Assembly Passes FY2015 Budget On May 30, 2014, a day before the end of the Illinois General Assembly’s regular spring session, the Senate passed the FY2015 budget previously approved by the House. As discussed…

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State of Illinois Capital Budget Forgoes New Bond-Funded Projects

The capital budget proposed by Governor Pat Quinn for FY2015 represents the sixth year of the Illinois Jobs Now! capital spending program and the first year since its inception that new bond-funded projects are not included in the…

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Civic Federation dings Quinn budget

This article covers the analysis of Governor Quinn’s FY2015 Recommended Budget released today by the Institute for Illinois’ Fiscal Sustainability at the Civic…

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Civic Federation Opposes Governor's Recommended Budget

Plan Uses Revenue from Increased Income Tax Rates on New Homeowners’ Grant (CHICAGO) – In a new report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability opposes Governor Quinn’s recommended budget for…

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State of Illinois FY2015 Recommended Operating Budget: Analysis and Recommendations

The Civic Federation opposes Governor Pat Quinn’s recommended budget for FY2015 because it uses revenue from extending the 2011 temporary income tax increase for new spending. The State’s fiscal crisis demands that any increased revenue be…

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Governor’s Five-Year Projections Illustrate Dramatically Different Financial Paths

As part of the FY2015 budget recommendation for the State of Illinois, Governor Pat Quinn provided two separate five-year projections for both “…