Who We Are
The Center for Tax and Budget
Accountability is a bi-partisan 501(c)3 research and
advocacy think tank that promotes fair, efficient and progressive
tax, spending and economic policies.
New
Publications
Medicaid Plays a Critical Role in Illinois’
Economy
(full report)
Executive Summary
While the primary
benefit of Illinois’ Medicaid program is delivering health care to
the most vulnerable members of society, Medicaid also has a
significant economic dimension. As Medicaid dollars funnel through
the local economy, they support not only private health care
providers and local businesses, but also wages, employment, business
income, consumer spending, state tax revenue and overall economic
output.
December 2009
Facing Reality: Illinois Must Raise
Revenue to Balance Its Budget
Illinois Cannot Solve Its Problems Without Increasing Revenue. The
state simply is not in a position to invest in needed services on a
sustainable basis without reforming its tax system and generating
new revenue.
July 2009
An Update: An Analysis of the Tax Exemptions
Granted to Non-Profit Hospitals in Chicago and the Metro Area and
the Charity Care Provided in Return
Executive Summary and Charts
Press Release
April 2009
Analysis of the Fiscal Year 2010 Governors Proposed Budget
March 2009
Quick Links to Resources
Issue Brief: A Comparison of Major
Illinois Tax Proposals,
January, 2010
HB174 Analysis,
January, 2010
Fact Sheet:
Illinois State Structural Deficit Problems,
January, 2010
HB174 Section by Section Synopsis,
August, 2009
Education and Fiscal Responsibility Act,
HB174Fact Sheet,
June 2009
Fact
Sheet on the four principles of good fiscal policy
Issue Brief on the Illinois Structural Deficit
Issue Brief: Tax Fairness in Illinois
Illinois Fiscal System Basics
Why is the expanding the sales tax base so crucial
to comprehensive tax and school funding reform?
View a fact sheet on the sales tax expansion.
Quick Links to
PowerPoint
Presentations
“The
Illinois Funding Crisis”
is a compelling presentation that highlights the history behind
Illinois’ worst unfunded pension liability and how a responsible
revenue stream can solve it. August 26, 2009
CTBA Presentation on the IL Economy and
How it Relates to Education Funding
Publications
Moving Forward:
To Counter the Current Recession,
Illinois State Government Should Maintain or Enhance Spending—Even
if it Means Progressive Tax Increases—Rather Than Cut its Budget
March 2009
State of Working Illinois 2008
Executive Summary
December 2008
CTBA working in partnership with Northern Illinois
University publishes annually the State of Working Illinois.
The report is one of the most detailed state analyses ever conducted
on the Illinois economy. The report tracks the effects of
national and global economic trends on working families throughout
the state and provides a wealth of information on jobs, income, and
unemployment for each county in the state. The report also
identifies industrial sectors and occupational growth by sector,
employment, education and income changes in each region.
With over 800 tables
and charts, The State of Working Illinois
is the comprehensive reference on the Illinois workforce.
Visit the StateOfWorkingIllinois.org
website for every table and figure that appears in the printed book.
Money Matters:
How the Illinois School Funding System Creates
Significant Educational Inequities that Impact Most Students in the
State
View the Presentation
September 2008
Citizen's Guide to the Illinois Budget & Tax
System
A Primer on the Illinois Fiscal
System & State Budget Pressures
January 2008
Citizen's Guide to the Illinois
Budget and Tax System reviews the technical elements of the Illinois
budget and tax system. It provides in-depth analysis of
historical spending and revenue trends, major budget pressures,
deficit spending, bonds and debt, pensions and how the state shares
revenue with local governments.
With almost 50 tables and charts, the
Citizen's Guide details the budget process, revenue system and
challenges the state faces in clear terms.
How Public Long-Term Care Services for Older
Adults are Funded in Illinois: A "Map" of the Current Financing
Structure
The Finance Workgroup of the Illinois
Older Adult Services Advisory Committee, of which CTBA is a part,
releases a primer
on how Illinois finances long-term care for older adults.
June 2007
Private Sector Job Trends and The Illinois Structural Deficit:
What
Illinois’ Changing Economy Means For The Demand For Public Services
and The State’s Fiscal Capacity to Fund Them
January 2007
An analysis of the state's fiscal
system finds that
Illinois’ state deficit will increase to more than $6 Billion over
the next five years, without adding or expanding any programs.
This deficit increase is the result of a tax system that does not
generate enough revenue to continue funding the current level of
public services into the future, adjusting solely for inflation and
population growth. This fiscal mismatch is called a “structural
deficit”.
In addition to an
unsustainable state revenue system, the study also found that
increasing the number of high paying jobs in the state will not
solve the problem. This limited impact of high paying jobs on the
state’s ability to generate revenue is a direct result of the
longstanding structural flaws in the state fiscal system that
severely limit Illinois' ability to generate revenue that responds
adequately to economic growth.
Learn More About
Comprehensive Fiscal Reform
Senate Bill
750 provides a new,
permanent revenue source for
schools, property tax relief for
homeowners and $1 billion for debt
service for a state infrastructure
program.
It is the only
piece of legislation that will truly
reform the way education is funded in
Illinois by making the state the primary funder of K-12 education. The bill also
provides $300 million for community
colleges and universities.
Visit our
SB 750 Page
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