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Government Budgets

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These Are the Four Major Takeaways From the City’s $6.2 Billion Budget Deal

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Addressing the Financial Entanglements Between the City of Chicago and Chicago Public Schools

With the upcoming implementation of an elected school board to oversee Chicago Public Schools, the governance of CPS will be separated from the City of Chicago. The 21-member elected school…

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State of Illinois FY2024 Recommended Operating and Capital Budgets: Analysis and Recommendations

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Comparing FY2024 State Revenue Forecasts

On February 15, 2023, Governor Pritzker released the State of Illinois FY2024 Operating and Capital Budgets. The proposed budget noted revenue collections post-pandemic have continued to exceed…

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Governor’s FY2024 Proposed Budget Includes Increased Spending for State Agencies, Moderate Revenue Projections

The State of Illinois FY2024 budget…

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Illinois’ Spending Plan for Opioid Settlement Funds

On February 3, 2022, Attorney General Raoul announced that the State of Illinois and local governments…

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CTA’s FY2023 $1.8 Billion Operating Budget Approved

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The State of Illinois’ Five-Year Fiscal Report

On November 14, 2022, the Governor’s Office of Management and Budget (GOMB) released the Illinois Economic and Fiscal Policy Report. The report includes changes to the FY2023 enacted budget revenue forecast and a five-year budgetary…

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From Budget Forecast to Budget Proposal: Changes to the City’s Revenue Projections

On November 7, 2022, the Chicago City Council voted to pass the Mayor’s proposed…

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Cook County FY2023 Executive Budget Recommendation: Analysis and Recommendations

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