FY2015 Illinois Budget Proposals: In Context
Release: April 8, 2014
Presentation on the FY2015 budget proposals given at the National Associatioin of Social Workers Advocacy Day in Springfield, Illinois.
Governor's FY2015 Proposed General Fund Appropriations ($ Millions)
Analysis of the FY2014 General Fund Budget
Release: October 1, 2013
The fiscal problems that have historically plagued Illinois are on full display in the FY2014 General Fund budget passedby the Illinois General Assembly. The state’s accumulated deficit remains significant, and in all likelihood will be at least $8 billion by the end of FY2014. Despite increases for some aspects of the General Fund budget, net spending on services will be $173 million less in FY2014 than in FY2013. Meanwhile, as spending on service delivery continues to decline, the annual cost of debt service continues to grow—specifically the debt owed to the state’s five public pension systems.
Special Report: Flawed Tax Policy is the Primary Driver of Illinois' Recurring General Fund Deficits
Release: June 3, 2013
The Taxpayer Accountability and Budget Stabilization Act of 2011 temporarily increased the personal and corporate income tax rates, providing the state with much needed revenue. This Special Report examines the impact of those tax increases on the state's General Fund budget deficits for fiscal years 2011-2013.
The Illinois State Budget and Tax Primer
Release: March 1, 2013
With over 70 tables and charts, the Illinois State Budget and Tax Primer details the technical elements of the budget process, revenue system and challenges the state faces in clear terms.
Illinois FY2013 General Fund Enacted Budget Analysis
Release: August 2, 2012
This Report provides an analysis of the enacted FY2013 General Fund budget.