Reports

Potential Impact of a Property Tax Freeze on School Funding

Release: May 13, 2020

Illinois’ overreliance on property taxes is a result of historic shift of funding K-12 Education from the state-level to the local-level.  While many would benefit from a temporary property tax freeze, there are also costs associated with a property tax freeze—particularly when it comes to funding an adequate education for millions of Illinois school children. A property tax freeze could pose substantial costs to students across the state by limiting the amount of funding districts could receive compared to the current law in which there is no property tax freeze. Using 2019 Illinois Report Card and average year-to-year growth in: (i) K-12 funding under the EBF; (ii) property tax revenue; and (iii) funding of mandated categoricals, the short report, Potential Impact of a Property Tax Freeze on School Fundinghighlights some of those consequences that a property tax freeze could have, not only on school funding, but along racial lines, as well.

Setting the Record Straight on Illinois’ Fiscal Shortcomings

Release: May 5, 2020

This report shows how the data make it quite clear that: Illinois incurred pension debt—under both Republicans and Democrats-- to mask its fiscal problems, not to pay irresponsibly high benefits; Illinois is not a high spending state, and in fact has cut spending on services in real terms by more than 23% since FY2000; that over $9 out of every $10 Illinois, and frankly every other state in America, spends on services goes to the four core areas of Education (including Pre-K, K-12, and Higher Ed), Healthcare, Human Services and Public Safety—meaning those are the services which are imperiled if the feds don’t come through with a significant relief package for state governments suffering revenue loss from the downturn caused by the COVID-19 pandemic; and the Pritzker Administration has actually pushed a number of fiscal initiatives that are actually responsible and counter some of the poor practices of the past.

Analysis of Illinois’ FY2020 Enacted General Fund Budget

Release: October 31, 2019

In his first year in office, Governor J. B. Pritzker signed a General Fund budget that the General Assembly passed into law — something it took his predecessor four years to accomplish. And while both the General Fund budget for fiscal year (“FY”) 2020 and the Governor are new, the fiscal problems which continue to afflict the General Fund are not. In fact, these problems are both longstanding and structural.

Illinois’ Two-Decade Disinvestment in Higher Education

Release: October 21, 2019

For two decades, Higher Education in Illinois has been cast aside. Despite the evidence and  relationship between educational attainment and economic viability, Higher Education in Illinois continues to be divested.

Since 2000, General Fund appropriation for Higher Education in Illinois has been less than it was in FY2000. While FY2020 appropriations are more than FY2019, they are still not enough to make Higher Education affordable for many students in Illinois. This means that public universities and community colleges must rely more heavily on tuition and fees. In fact, average in-state tuition at an Illinois four-year public university has increased 136.3 percent from FY2000 to FY2017.

As a result, with General Fund appropriations being less than two decades ago and tuition costs increasing, Higher Education has seen an overall decline in enrollment. This negates Illinois’ plan to create a “well-educated workforce with skills and competencies to compete in the modern economy” as intended by The Illinois Public Agenda for College and Career Success. Hardest hit by the disinvestment in Higher Education are students in Black and Latino households.

In Illinois’ Two-Decade Disinvestment in Higher Education, CTBA analyzes everything from economic impacts of higher educations, General Fund appropriation impacts on Higher Education in Illinois, the reliability of public institutions on tuition and fees, which disproportionately affects low-income students and students of color, and how the growing cost of college has contributed to a decrease in enrollment in our public colleges and universities. 

Impact on Illinois' Structural Deficit

Release: October 21, 2019

The state of Illinois faces a significant structural deficit into the future. The report highlights the nature of the structural deficit and identifies two key causes: the state’s historically flawed  tax policy and the plan devised for repayment of Illinois’ pension debt. CTBA proposes both the adoption of the Fair Tax and a reamortization of the pension debt as described in the report titled: Addressing Illinois’ Pension Debt Crisis With Reamortization. Doing so would allow the State to ensure full funding for the Evidence Based Funding Formula while also improving the status of Illinois’ public employee pension system and eliminating the State’s structural deficit by 2042.

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