Release: March 11, 2009
How the state elects to resolve its record deficit will have a meaningful impact on the size and duration of the recession in the state's economy. Given this scenario, the state's best hope of growing its economy and countering the recession is to close its deficit by raising taxes progressively and maintaining or expanding spending on services.
Highlights of the Illinois State Budget Proposed for Fiscal Year 2009
Release: March 1, 2009
Governor Rod Blagojevich proposed his FY2009 budget on February 20, 2008, and this Report provides CTBA's analysis of that budget proposal.
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.
Citizen's Guide to the Illinois Budget & Tax System
Release: January 29, 2008
The Citizen's Guide to the Illinois Budget and Tax System reviews the technical elements of the Illinois budget and tax system.
Issue Brief: The Illinois Structural Deficit (2008)
Release: January 22, 2008
This Issue Brief provides an updated overview to Illinois' structural deficit, which is a result of the state's flawed fiscal system.