Browse IGPA Reports by Subject "penalty"

  • Illinois Still in the "Financial Condition Penalty" Box 
    Luby, Martin J. (Institute of Government & Public Affairs, 2016-01-16)
    The state of Illinois recently sold its first bond issue since the Illinois Supreme Court struck down the pension reform legislation in May 2015 and during a period when the state is still without a budget - both of which ...

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  • The Illinois ‘Financial Condition Penalty’ Continues to Grow 
    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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