Illinois Budget

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.

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.

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