FY2011 Monthly Briefings
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June 2011
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REVENUE: FY 2011 Revenues Increase $3.398 Billion – Reflects Tax Changes, Interfund Borrowing and Underlying Economic Improvement ECONOMY: “Stagflation?” PENSIONS: Pension Legislation Overview: Spring 2011 Session |
May 2011
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ECONOMY: Soft Patch Continues REVENUE: May Revenues Up Largely Due to Tax Increase
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April 2011
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ECONOMY: Losing Momentum Illinois Employment Update REVENUE: April Revenues Up Largely Due to Tax Increase |
March 2011
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ECONOMY: Resiliency $3.7 billion in Pension Obligation Bonds Interfund Borrowing REVENUE: March Revenues Up Despite Federal Source Falloff |
February 2011
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ECONOMY: Rebound in Commodity Prices REVENUE: Despite Tax Increase, February Revenues Record Small Gains as Federal Sources Fall PENSIONS: Current Financial Condition of the State-Funded Retirement Systems |
January 2011
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ECONOMY: Illinois Employment, A Closer Look Impact of P.A. 96-1496 on State Revenues FY 2011 Tax Amnesty Update REVENUE: January Revenues Fall due to Federal Sources—Other Areas Mixed PENSIONS: The Impact of Police and Fire Pension Reform on the City of Springfield (SB 3538 – P.A. 96-1495) |
December 2010
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ECONOMY: Happy New Year Railsplitter Tobacco Settlement Authority $1.5 Billion Bond Sale Interfund Borrowing FY 2011 Tax Amnesty Update REVENUE: December Revenues Grow due to Federal Sources – Other Areas Mixed PENSIONS: SB 3538, HA #3 (P.A. 96-1495)
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November 2010
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ECONOMY: Happy Holidays FY 2011 Tax Amnesty REVENUE: November Revenues Surge as Tax Amnesty Accelerates Receipts Interfund Borrowing
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October 2010
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ECONOMY: QE2 Interfund Borrowing REVENUE: Revenues Again Mixed--Lower Transfers Results in Monthly Drop Sales Tax Revenues from Motor Fuel
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September 2010
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ECONOMY: Recovery in Doubt Interfund Borrowing REVENUE: Revenues Continue Mixed - Interfund Borrowing Results in Monthly Increase Lottery Hires a Private Manager PENSIONS: Actuarial Assumptions Used in Pension Plan Actuarial Visitations |
August 2010
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ECONOMY: Losing Steam Interfund Borrowing REVENUE: August Revenues Mixed – Decline in Federal Sources Erase Other Gains PENSION: Financial Condition of the non-State Funded Retirement Systems
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July 2010
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ECONOMY: Soft Patch or Double Dip Recession? REVENUE: July Revenues Up on Strength of Federal Sources - Weakness Still Widespread Short-Term Borrowing PENSIONS: CGFA Analyzes New Benefit Increase |