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The Fiscal Futures Project

 

The Fiscal Futures Project is dedicated to informing the public and policymakers about state budget transparency and long-term budget concerns. Three central elements are:
  • The creation and maintenance of a comprehensive and consistently defined measure of the Illinois state budget.
  • The capacity to project Illinois state spending and revenue streams into the future under current or alternative policies.
  • The comparison of budget transparency issues across states--a search for best practices
The work of the Fiscal Futures Project is supported by a generous grant from the John D. and Catherine T. MacArthur Foundation.

 


Our Latest Research:  Two New Studies

“Transparency in State Budgets:  A Search for Best Practices”

"A major impediment to understanding how much trouble state governments are in is a lack of transparency in the way their budgets are presented.  Defining and measuring budget transparency is a necessary first step toward achieving increased understanding.”

 “Why Ignore Over Half of the Illinois State Budget Picture? Consolidation of General and Special Fund Reporting”

"In order to have a comprehensive measure of the state budget that is consistently defined over time, we constructed a consolidated funds budget that tracks 380 state funds instead of just the four more commonly reported general funds.”

  

Flash Index Title

The State of the Illinois Economy