Released April 7, 2014
Policy leaders across Illinois have identified supporting small businesses and entrepreneurship as key to reviving the state’s sluggish economy. And no wonder, given that over 99 percent of all businesses in Illinois are “small business” as defined by the Small Business Administration. This Report, identifies best practices and policy initiatives decision makers can take to improve the state’s economy and aid small businesses in Illinois.
Released October 1, 2013
The fiscal problems that have historically plagued Illinois are on full display in the FY2014 General Fund budget passedby the Illinois General Assembly. The state’s accumulated deficit remains significant, and in all likelihood will be at least $8 billion by the end of FY2014. Despite increases for some aspects of the General Fund budget, net spending on services will be $173 million less in FY2014 than in FY2013. Meanwhile, as spending on service delivery continues to decline, the annual cost of debt service continues to grow—specifically the debt owed to the state’s five public pension systems.
Released February 22, 2006
A drilldown on environmental policies and programs in the proposed FY2005 General Fund budget.
Released February 21, 2006
A comparison of the FY2005 and FY2006 state budgets.
Released May 1, 2007
An analysis of HB 2253, House Amendment 1 of the 95th General Assembly
Released November 20, 2006
An analysis of the five Illinois retirement systems finds that the state's worst-in-the-nation unfunded pension liability has grown by more than $7 billion in just the last two years.
Released September 4, 2007
This Report explains the source of Illinois immense unfunded liability, and how it relates to the state's budget and overall fiscal position.
Released September 11, 2007
Pension funding and the state's FY2008 General Fund budget.
Released August 26, 2009
CTBA's August 2009, testimony to the Pension Modernization Task Force, Funding Subcommittee.
Released January 12, 2006
A Fact Sheet on why funding human services requires fiscal reform.