Illinois Budget

Released March 11, 2009

How the state elects to resolve its record deficit will have a meaningful impact on the size and duration of the recession in the state's economy. Given this scenario, the state's best hope of growing its economy and countering the recession is to close its deficit by raising taxes progressively and maintaining or expanding spending on services.

Released March 1, 2010

This Report provides CTBA's analysis of the Fiscal Year 2011 budget proposal. 

Released October 18, 2010

Public Act 96-956 implemented numerous cuts to the FY2011 budget, and this Fact Sheet provides an update to CTBA's analysis of the FY2011 budget based on this legislation.

Released June 27, 2013

This Report analyzes the fiscal impact of the coal industry on the Illinois state budget for Fiscal Year 2011 and finds that the overall impact amounted to a net cost for Illinois and its taxpayers.

Released November 13, 2010

This is a presentation of CTBA's analysis of the FY2011 General Fund budget.

Released January 12, 2010

This Fact Sheet provides a short walk-down of the FY2010 and FY2011 budget pictures.

Released January 26, 2011

This is a presentation of CTBA's analysis of The Taxpayer Accountability and Budget Stabilization Act (P.A. 96-1496), which temporarily increased the income tax rates in Illinois and implement spending caps of the General Fund budget.

Released January 4, 2011

This Fact Sheet provides an overview of House Joint Resolution Constitutional Amendment (HJRCA) 61.  HJRCA 61 was a proposed Constitutional Amendment that would limit growth in appropriations for General Fund spending to the average annual percentage increase in state per capita personal income o

Released February 9, 2011

This Issue Brief provides an overview of the Taxpayer Accountability and Budget Stabilization Act (P.A. 96-1496), which took effect in fiscal year 2011. 

Released October 1, 2011

This Report provides an analysis of the FY2012 Enacted General Fund budget.

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