Reports

Analysis of the Enacted Illinois FY2012 Budget

Release: October 1, 2011

This Report provides an analysis of the FY2012 Enacted General Fund budget. Key findings are: Detail on how the tax increases passed in January averted a fiscal disaster in FY2012; over $388 million in cuts to human service programs; and despite the recent tax increases and spending cuts, the FY2012 budget proposes over $1 billion in spending for which there is no revenue, and is subject to an accumulated deficit of over $7 billion after accounting for unpaid bills left over from FY2011.

Issue Brief: The Taxpayer Accountability and Budget Stabilization Act (P.A. 96-1496)

Release: February 9, 2011

This Issue Brief provides an overview of the Taxpayer Accountability and Budget Stabilization Act (P.A. 96-1496), which took effect in fiscal year 2011. 

State of Illinois FY2011 Budget Outlook

Release: November 13, 2010

This is a presentation of CTBA's analysis of the FY2011 General Fund budget.

Funding Our Future: Reforming Illinois Tax Policy

Release: October 29, 2010

This Report is a thorough analysis of the Illinois’s long-term spending patterns, budget problems and tax policy.

Illinois' Remaining FY2011 Operating and Total Budget Deficit

Release: October 18, 2010

Public Act 96-956 implemented numerous cuts to the FY2011 budget, and this Fact Sheet provides an update to CTBA's analysis of the FY2011 budget based on this legislation.

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