Reports

Good Money After Bad: "Transferability" Would Make EDGE Tax Credits Even More Dubious Economic Policy

Release: May 15, 2017

The Economic Development for a Growing Economy ("EDGE") Tax Credit program has released more than $1.6 billion in credits to companies promising to create or retain jobs in Illinois since its creation in 1999. But the evidence that tax incentive programs like EDGE produce real economic growth is limited, and EDGE credits in particular have been abused by companies simply moving jobs from one part of the state to another, as found by a 2015 Chicago Tribune investigation.

Turnaround Fact Sheet #1: Workers' Compensation

Release: March 16, 2017

This is the first in a series of CTBA Fact Sheets reviewing the proposals in Governor Bruce Rauner's "Turnaround Agenda," which the Governor's office has made a precondition of signing any state budget.

Illinois’ Significant Disinvestment in Higher Education

Release: January 27, 2017

Center for Tax and Budget Accountability Releases New Report on the Cost of Disinvestment in Higher Education

CHICAGO – Between 2000 and 2015, Illinois cut nearly $1.4 billion from General Fund appropriations to Higher Education—even before the ongoing budget crisis, which has cost Illinois colleges and universities over a billion addition dollars. That is one finding from Illinois’ Significant Disinvestment in Higher Education, a new report released today by the Center for Tax and Budget Accountability (CTBA).

Seeing Improvements, Questioning Priorities: Updating "A Fiscal Review of the Chicago Housing Authority"

Release: January 13, 2017

In 2014, CTBA released a report showing that the Chicago Housing Authority had accumulated over $400 million in reserves, in part by issuing an average of 13,000 fewer housing vouchers per year than the Authority was funded by the federal Department of Housing and Urban Development to do.

Fact Sheet: The Safe Roads Amendment Is Bad Policy for Illinois

Release: October 31, 2016

A proposed Constitutional amendment to put transportation-related revenues in a "lockbox" for transportation-related expenditures would only exacerbate the fiscal problems of both Illinois and its local governments.

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