Tax and Budget

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.

Help Struggling Families: Grow the Illinois Earned Income Tax Credit

Release: February 26, 2009

A Fact Sheet on Illinois' state Earned Income Tax Credit, and legislation from the 96th General Assembly that would have increased it.

Money Matters

Release: August 19, 2008

This Report explains Illinois' basic school funding formula, and the consequences that formula has had for school districts across the state in areas of significant concern, including student achievement and teacher quality.

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.

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