Reports

Analysis of the Fiscal Year 2008 Illinois General Fund Budget Proposal

Release: May 1, 2007

This Report contains CTBA's analysis of the proposed FY2008 General Fund budget, which was introduced by Governor Rod Blagojevich in March of 2007.

Illinois Fiscal System: Frequently Asked Questions

Release: April 4, 2007

Answers to frequently asked questions about Illinois' fiscal system

Funding a Quality Education Requires Fiscal Reform

Release: February 28, 2007

This Fact Sheet provides information on how Illinois could reform its fiscal system to provide equitable education funding.

Issue Brief: The Illinois Structural Deficit (2007)

Release: January 29, 2007

This Issue Brief provides an overview to Illinois' structural deficit, which is a result of the state's flawed fiscal system. An updated Issue Brief was published by CTBA in 2008.

Private Sector Job Trends and The Illinois Structural Deficit

Release: January 17, 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 no

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