Tax and Budget

Analysis of the Fiscal Year 2008 Final General Fund Budget

Release: March 11, 2008

After a record overtime sessions, the Illinois Fiscal Year (FY) 2008 budget was enacted on January 4, 2008. The total enacted General Fund budget for FY 2008 was $27.4 billion. This Report contains CTBA's analysis of the enacted, FY2008 General Fund budget.

FY2008, State Budget, State Revenue, General Fund, State Pensions, 95th General Assembly, Short Term Borrowing, Deficit

Citizen's Guide to the Illinois Budget & Tax System

Release: January 29, 2008

The Citizen's Guide to the Illinois Budget and Tax System reviews the technical elements of the Illinois budget and tax system. 

FY2007, State Budget, Taxes, General Fund, State Pensions, Deficit, Debt, General Obligation Bonds

Issue Brief: The Illinois Structural Deficit (2008)

Release: January 22, 2008

This Issue Brief provides an updated overview to Illinois' structural deficit, which is a result of the state's flawed fiscal system.

FY2007, State Budget, State Revenue, Deficit, Illinois Economy, General Fund

Pension Funding and the FY2008 Budget

Release: September 11, 2007

Pension funding and the state's FY2008 General Fund budget.

State Pensions, FY2008, State Budget

Issue Brief: Corporate Tax Expenditures

Release: September 11, 2007

This Issue Brief provides an overview of the tax expenditures available to corporations in Illinois.

Business Taxes, Corporate Tax Expenditure, State Budget, Illinois Economy

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