Taxing Retirement Income
Release: April 5, 2011
Illinois does not currently tax pensions or retirement funds such as 401(k) plans. This Fact Sheet provides an estimate how much revenue could be generated by taxing some retirement income.
Medicaid Plays a Critical Role in Illinois’ Economy
Release: 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 percentage of state, own-source general fund spending dedicated to the program and (4) demonstrate the economic impact Medicaid spending (or cuts) has on the state and local economy.
Illinois General Fund Revenues Were Off $155 Million in FY2008
Release: July 21, 2008
A comparison of the state's FY2007 and FY2008 General Fund revenues.
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.
Pension Funding and the FY2008 Budget
Release: September 11, 2007
Pension funding and the state's FY2008 General Fund budget.