Browse IGPA Reports by Subject "budget"

  • Mooney, Christopher Z. (Institute of Government & Public Affairs, 2014-02-18)
    As the introductory reports in the IGPA Budget Policy Toolbox demonstrate, projected state spending in Illinois outpaces projected revenue for the next several years, with the gap increasing over time. IGPA’s Fiscal Futures ...

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  • Fullerton, Don (Institute of Government & Public Affairs, 2014-02-18)
    Fixing the Illinois state budget requires more than simply balancing revenue and expenditures. Government budgeting also requires establishing the right mix of public goods and services in a way that is fair and efficient ...

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  • Merriman, David F.; Crosby, Andrew; Dye, Richard (Institute of Government & Public Affairs, 2016-02-15)
    New analysis by the Fiscal Futures Project finds that Illinois’ budget impasse has put spending on autopilot while revenue is down significantly. This perfect storm of decreased revenue and uncoordinated spending is causing ...

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  • Luby, Martin J. (Institute of Government & Public Affairs, 2017-02-23)
    Governments in Illinois have been forced to spend tens of millions of dollars due to the loss of subsidies in a federal bond program, and could lose hundreds of millions more if the federal budget sequester remains in ...

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  • Dye, Richard; Merriman, David F. (Institute of Government & Public Affairs, 2016-11-30)
    The state of Illinois has operated for many years with a structurally unbalanced budget in the sense that, under the policies in place at the time, government revenue generated by the tax system was insufficient to pay for ...

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  • Dye, Richard F. (Institute of Government & Public Affairs, 2016-11-28)
    The Fiscal Futures Project, which began in 2008, is dedicated to informing the public and policymakers in Illinois about long-term budget issues. The Fiscal Futures Project has developed and refined two important tools ...

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  • Luby, Martin J. (Institute of Government & Public Affairs, 2016-06-20)
    Analysis by the Fiscal Futures Project demonstrates the consequences of the state's poor credit rating. On June 16 the state of Illinois sold $550 million in General Obligation Bonds. This was the first bond issue ...

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  • Merriman, David F.; Dye, Richard; Crosby, Andrew (Institute of Government & Public Affairs, 2015-11-07)
    Illinois does not follow basic principles of sound budgeting recommended by fiscal experts. This research suggests ways that Illinois and other states can reform practices to avoid fiscal crises in the future. Two ...

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  • Fullerton, Don (Institute of Government & Public Affairs, 2014-04-14)
    This paper explains the benefit of taking a holistic approach to evaluating fiscal reforms. Different state taxes can interact in complicated ways, making the pros and cons of altering any one of them difficult to evaluate ...

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  • Merriman, David F.; Guo, Chuanyi; Qiao, Di (Institute of Government & Public Affairs, 2018-03-01)
    The state of Illinois finally ended its two-year budget impasse in July 2017 but continues to face a structural fiscal imbalance. We use comprehensive data supplied by the Illinois Comptroller to construct a time series ...

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  • Lo Sasso, Anthony T. (Institute of Government & Public Affairs, 2014-02-25)
    On March 19, 2013, IGPA teamed with the Illinois Service Federal Savings and Loan Association and the Coalition of African-American Leaders to host a conference about the effects of the foreclosure crisis on Cook County ...

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  • Gaines, Brian J. (Institute of Government & Public Affairs, 2014-03-25)
    What are the political prospects of various plans to boost revenue or reduce spending? One way to answer is via opinion polls. Few say they support broad tax increases or spending cuts on education or Medicaid. Targeted ...

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