Illinois Economy

Released October 21, 2019

The state of Illinois faces a significant structural deficit into the future. The report highlights the nature of the structural deficit and identifies two key causes: the state’s historically flawed  tax policy and the plan devised for repayment of Illinois’ pension debt. CTBA proposes both the adoption of the Fair Tax and a reamortization of the pension debt as described in the report titled: Addressing Illinois’ Pension Debt Crisis With Reamortization. Doing so would allow the State to ensure full funding for the Evidence Based Funding Formula while also improving the status of Illinois’ public employee pension system and eliminating the State’s structural deficit by 2042.

Released January 27, 2017

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

Released May 6, 2015

PowerPoint presented by Ralph Martire at the Senate Revenue Hearing.

Released 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)

Released October 4, 2006

An overview of the Job Access and Reverse Commute program in Illinois and other funding sources for transportation-to-work initiatives. 

Released October 4, 2006

An introduction to public transit in Illinois: what it is, how it’s funded, who the major stakeholders are and how to get involved. Includes a glossary of transit terminology.

Released October 20, 2006

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

Released December 8, 2009

Medicaid spending is often misunderstood and misrepresented because of the complexities of its financing structure.This Report is intended to: (1) clarify how Illinois’ Medicaid program is funded, (2) highlight the benefits to the state of Medicaid’s financing structure, (3) identify the percenta

Released March 31, 2010

A Fact Sheet on the impact Medicaid has on Illinois' economy.

Released February 24, 2010

Reduced funding in FY2011 would continue long-term pattern of spending cuts, harm vulnerable populations and fall disproportionately on small to midsized businesses, hurting the state economy. 

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