Tax and Budget

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

The Illinois Pension Funding Problem: Why It Matters

Release: November 20, 2006

An analysis of the five Illinois retirement systems finds that the state's worst-in-the-nation unfunded pension liability has grown by more than $7 billion in just the last two years.

Economics, Education Funding & the State Fiscal System

Release: October 20, 2006

A presentation on the Illinois economy, and how it relates to education funding.

Changing Chicago's Housing Crisis into New Opportunities

Release: October 12, 2006

This Report examines the crisis conditions of affordable housing in Chicago and offers a way forward.

Illinois Corporate Accountability in Tax Expenditures Law - Public Act 93-0552

Release: October 10, 2006

An overview of Public Act 93-0552, the Corporate Accountability in Tax Expenditures Act.

Pages