Government Budgets

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Mike McConnell: 5-09-11

Mike McConnell interviews Civic Federation President Laurence Msall about the Federation’s analysis of the State of Illinois’ FY2012 budget proposal in this segment. Mr. Msall discusses the State’s spending plans and the pressure that the State’s backlog of unpaid bills has put on the State’s finances.

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Report finds Quinn's proposed budget unbalanced

Civic Federation President Laurence Msall discusses the Federation’s analysis of the State of Illinois’ FY2012 budget proposal in this interview.

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Quinn budget hole twice as big as reported by: Civic Fed

In this blog post, Crain’s columnist Greg Hinz discusses the Civic Federation’s analysis of Governor Quinn’s FY2012 State of Illinois budget proposal. The Civic Federation says that it cannot support a budget proposal that increases appropriations while bills to service providers remain unpaid.

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Chicago business counting on Emanuel to deliver

How the administration of City of Chicago Mayor-elect Rahm Emanuel will support Chicago-area business is the focus of this article. The Civic Federation says that the City faces a major challenge in a budget gap of at least $500 million that must be filled in order to stabilize the City’s finances.

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Tax Watchdog Group: State Budget Much Worse Than Quinn Says

In this interview, Civic Federation President Laurence Msall discusses the Federation’s analysis of State of Illinois Governor Pat Quinn’s FY2012 proposed budget for the State.

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‘Outsider’ Lois Scott must dig city out of huge budget hole

This article profiles incoming City of Chicago Chief Financial Officer Lois Scott, who has a background in privatization issues. The Civic Federation says that the City should consider privatization of certain assets and services, but should not use privatization proceeds to fund daily operations.

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Civic Group: Gov. Quinn’s proposed 2012 budget not ‘realistic’

The Civic Federation’s analysis of the State of Illinois FY2012 budget proposal is the focus of this article. The Federation says that the proposal, which is unbalanced, is not sustainable and does not do enough to pay off the State’s backlog of unpaid bills.

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Study: Quinn budget plan shows deficit topping $9 billion

This article discusses the Civic Federation’s analysis of the State of Illinois’ FY2012 proposed budget.

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State of Illinois FY2012 Recommended Operating and Capital Budgets: Analysis and Recommendations

The Civic Federation opposes Governor Pat Quinn’s $52.7 billion FY2012 recommended operating budget for the State of Illinois because it is unbalanced by approximately $2.4 billion and is based on the premise that long-term borrowing is the right tool to dig the State out from under its massive backlog of unpaid bills and other obligations. To the contrary, the Governor’s proposed borrowing is…

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Governor’s Budget Proposes Increased Spending, Artificially Inflated Revenues, Expensive Borrowing; Civic Federation Opposes Unbalanced Budget and Urges Spending Restraint

(CHICAGO) A new report by the Institute for Illinois’ Fiscal Sustainability at the Civic Federation has found that Governor Quinn’s proposed budget is unbalanced by a total of $2.4 billion when artificially inflated revenues of $970.9 million are taken into account. The 98 page analysis of the Governor’s proposed $52.7 billion FY2012 budget was released today on the Civic Federation website at…