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Education

Illinois FY2013 General Fund Enacted Budget Analysis

Release: August 2, 2012

This Report provides an analysis of the enacted FY2013 General Fund budget.

FY2013, 97th General Assembly, General Fund, Taxpayer Accountability and Budget Stabilization Act, Deficit, Income Tax, State Pensions

Analysis of the FY2013 Proposed Illinois FY2013 General Fund Budget

Release: April 8, 2012

This Report provides an analysis of the FY2013 General Fund budget proposed by Governor Pat Quinn on February 22, 2012.

FY2013, General Fund, 97th General Assembly, Taxpayer Accountability and Budget Stabilization Act, Deficit, State Revenue, State Budget

Issue Brief: Shifting the Normal Cost & Employer "Pick-Ups" for Teachers

Release: March 7, 2012

This Issue Brief provides an overview of school districts contributions to the Teachers Retirement System, facts concerning the issue of employer pick-ups, and how shifting the responsibility for paying for teacher pensions would impact school districts.

School Districts, Teacher Pensions, Cost Shift

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.

FY2012, 96th General Assembly, Taxpayer Accountability and Budget Stabilization Act, Deficit, State Revenue, Graduated Income Tax, General Fund, State Budget