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
State of Working Illinois 2006
Release: December 11, 2006
CTBA working in partnership with Northern Illinois University produced the 2006 State of Working Illinois. The Report is one of the most detailed state analyses ever conducted on the Illinois economy.
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.