State of Illinois

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State of Illinois Employee Health Insurance Plans: Analysis and Recommendations for Cost Containment

This report reviews the features and costs of the current State of Illinois employee group health insurance program, examines the fiscal impact of the program on the State operating budget, and makes policy recommendations for containing…

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Strengthening the Financial Accountability of Illinois School Districts: A Report of the Education Reform Committee of the Metropolitan Mayors Caucus

This report compares Illinois school districts' financial management and accountability standards with nationwide best practices, and makes policy recommendations regarding steps Illinois should take to ensure greater financial…

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Dedicated Revenue Sources for State Pension Funds: A Civic Federation Issue Brief

This issue brief describes dedicated revenue sources for state pension funds and recent proposals for dedicated revenue sources in Illinois. It then discusses important features of an effective dedicated pension revenue source.

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State of Illinois Retirement Systems: Funding History and Reform Proposals -- A Civic Federation Issue Brief

This issue brief reviews the five retirement systems of the State of Illinois and discusses their current condition, the history of funding shortfalls and benefit enhancements, various attempts to improve the financial health of the…

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State of Illinois FY2007 Recommended Capital Budget: An Overview

This report is a summary of Governor Blagojevich's proposed $9.95 billion FY2007 State of Illinois Capital Budget.

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Senate Bill 2691: Alternative General Homestead Exemption Extension

The Civic Federation supports the extension of the "7%" property tax cap for an additional three years, but does not support raising the EAV exemption maximum from $20,000 to $60,000.

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State of Illinois Pension Systems: Analysis and Recommendations (Excerpted from The Civic Federation's State of Illinois FY2007 Recommended Operating Budget: Analysis and Recommendations)

The Civic Federation opposes the State of Illinois Recommended FY2007 operating budget because it takes a partial pension holiday of $1.1 billion at the same time as it increases spending for recurring programs by $1 billion.

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State of Illinois FY2007 Recommended Operating Budget: Analysis and Recommendations

The Civic Federation opposes the State of Illinois Recommended FY2007 operating budget because it takes a partial pension holiday of $1.1 billion at the same time as it increases spending for recurring programs by $1 billion.

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GASB 43 and 45 Reporting Guidelines For Other Post Employment Benefits: A Civic Federation Issue Brief

This issue brief provides a "plain English" description of how GASB 43 and 45 will require government financial reporting on non-pension post-employment benefits (OPEB). It is illustrated with preliminary estimates of unfunded OPEB…

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Civic Federation 2006 Legislative Priorities

The Civic Federation's legislative priorities for 2006 include public pension reform, elimination of the Suburban Cook County Tuberculosis Sanitarium District, property tax exemptions and assessment reform, revision of the Regional…