State Budget

Released November 15, 2004

CTBA's estimate of the FY2005 General Fund budget deficit.

Released February 21, 2005

This Report is CTBA's analysis of the enacted FY2005 General Fund budget.

Released January 12, 2006

This Report explains why revenue underperformance, rather than spending, is the source of Illinois' chronic budget deficits.

Released February 24, 2006

CTBA's analysis of the proposed FY2007 budget.

Released January 29, 2007

This Issue Brief provides an overview to Illinois' structural deficit, which is a result of the state's flawed fiscal system. An updated Issue Brief was published by CTBA in 2008.

Released January 17, 2007

An analysis of the state's fiscal system finds that Illinois’ state deficit will increase to more than $6 Billion over the next five years, without adding or expanding any programs. This deficit increase is the result of a tax system that does not generate enough revenue to continue funding the c

Released May 1, 2007

This Report contains CTBA's analysis of the proposed FY2008 General Fund budget, which was introduced by Governor Rod Blagojevich in March of 2007.

Released August 1, 2007

Under the Illinois Constitution, the Governor has the veto authority to reduce a portion of or completely eliminate an appropriation made to fund a particular program or service. Through this authority, Governor Blagojevich reduced the FY2008 budget by $470 million.

Released 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.

Released 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. 

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