State & County Budget Analysis

       Analysis & Reports

Illinois FY2011 Operating and Total Deficit Remaining Under HB859, SA 1, 2, 3,
Updated July 1, 2010

 

FY2011 Illinois Proposed Budget Analysis, March 31, 2010

 

FY 2010 Illinois Proposed Budget Analysis

March, 2009

 

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 technical elements of the budget process, revenue system and

challenges the state faces in clear terms.

           

Cook County's Revenue System is Structurally Unable to Support the Public Services it Provides

Executive Summary

September 2007

The report analyzes the basic public services Cook County provides and the revenue sources that fund them.  The report also examines the Cook County fiscal system to determine whether it has the ability to fund and sustain the level of public services it currently provides.

 

Highlights of the FY 2009 Proposed Budget

February, 2008

After adjusting for inflation many state programs will be cut in FY 2009, including K-12 and higher education, the Department of Agriculture, the Department of Children and Family Services and the Department of Natural Resources. 

 

Revenue is forecasted to grow only $448 million, while just covering the inflationary cost of FY 2008 service levels into FY 2009 is over $1.2 billion. 

This creates a deficit of $752 million, between revenue costs and service cost growth.  Additionally the Illinois Comptroller has found that the state currently owes $3.4 billion in unpaid Medicaid bills and the pension ramp is scheduled to increase by $720 million from FY 2008 to FY 2009. 

 

 FY 2008 Revenue Recap

 Revenues off $155 million in real terms

 

 Analysis of the Fiscal Year 2008 Final Budget

 February 2008

          

       

 Analysis of the Fiscal Year 2008 Illinois General Fund Budget Proposal

 May 2007

 

                     

Analysis of the Governor's Vetoes & What They Mean for Programs Across Illinois

September 2007

 

            View All Projects Vetoed

            View All Projects Reduced in Funding

 

            VETOES BY CATEGORY:

            Health Care

            Human Services

            Education

            Public Safety

            Local Government Projects and Infrastructure

            Parks

            State Government Agencies

            Economic Development and Job Training

 

            Comparison of HB/SB 750 and the Gross Receipts Tax proposal

 

Analysis of the Illinois FY 2007 Budget Proposal

Analysis shows forecasts of combined state and local revenue underperforms inflation by $53 million, the proposed FY 2007 budget has projected   

expenditures that exceed projected revenue by $550 million and at least $3.1 billion of proposed expenditures on public services in the FY 2007 budget will be paid for with debt.

 

Fiscal Year 2005 – 2006 Illinois Budget Comparison

 

Analysis of the Illinois FY 2005 Enacted Budget

   

Illinois FY 2005 State Budget Deficit

 

Analysis of the FY 2004 Enacted Budget

 

Illinois Has Cut Real Spending on All Services Except Health Care, Pensions and Education Since 1995