Organization | • | Commission on Government Forecasting and Accountability | [X] |
| | 141: | | Title: | | | | | Volume/Number: | 2023 October | | | | Issuing Agency: | | | | | Description: | A monthly report from the Illinois Commission on Government Forecasting and Accountability on topics related to the States finances and the economy. The report contains an update on State revenue from taxes, fees, and other sources, along with current economic indicators. In addition to these items, the briefing often has articles on such topics as the economy, employment, wages, inflation, taxes, debt, spending, and other topics related to State finance and budgeting. The briefing usually is released on the first or second business day of the month. | | | | Date Created: | 11-02-2023 | | | | Agency ID: | | | | | ISL ID: | 000000104668 Original UID: 211012 FIRST WORD: Monthly | |
| 142: | | Title: | | | | | Volume/Number: | 2023 December | | | | Issuing Agency: | | | | | Description: | The FY 2022 Financial Condition of the State Retirement Systems summarizes the fiscal health of the five State-funded retirement system, as reported by the retirement systems actuaries in their respective June 30, 2022 actuarial reports. The report examines metrics such as unfunded liabilities, actuarial assets, market value assets, funded ratios, and projected State contributions under P.A. 88-0593 (the 1995 pension funding law). Additionally, the report provides long-term actuarial projections, as well as an extensive historical review of major pension laws enacted in the past 25 years. | | | | Date Created: | 12-05-2023 | | | | Agency ID: | | | | | ISL ID: | 000000104954 Original UID: 211226 FIRST WORD: Report | |
| 143: | | Title: | | | | | Volume/Number: | 2023 | | | | Issuing Agency: | | | | | Description: | The Report on the Financial Condition of the Downstate Police and Fire Pension Funds in Illinois was created pursuant P.A. 95-0950. This report is a bi-annual report, published each odd-numbered year. Each report shows nine years worth of financial data for individual Downstate Police and Fire pension funds, including actuarial metrics such as assets, individual rates of investment return, and actuarial liabilities. The report also contains detailed demographic information such the number of active and retired members, and average active member salaries. The executive summary displays aggregate actuarial and demographic data grouped by four different asset levels so that readers can get a top-line, at-a-glance overview of how police and fire pension funds are performing financially, as well as their compliance with the funding requirements of P.A. 96-1495, which mandated a new funding program for these funds. | | | | Date Created: | 12-07-2023 | | | | Agency ID: | | | | | ISL ID: | 000000104975 Original UID: 211257 FIRST WORD: Report | |
| 144: | | Title: | | | | | Volume/Number: | 2023 December | | | | Issuing Agency: | | | | | Description: | A monthly report from the Illinois Commission on Government Forecasting and Accountability on topics related to the States finances and the economy. The report contains an update on State revenue from taxes, fees, and other sources, along with current economic indicators. In addition to these items, the briefing often has articles on such topics as the economy, employment, wages, inflation, taxes, debt, spending, and other topics related to State finance and budgeting. The briefing usually is released on the first or second business day of the month. | | | | Date Created: | 01-03-2024 | | | | Agency ID: | | | | | ISL ID: | 000000105148 Original UID: 211455 FIRST WORD: Monthly | |
| 145: | | Title: | | | | | Volume/Number: | 2024 January | | | | Issuing Agency: | | | | | Description: | A monthly report from the Illinois Commission on Government Forecasting and Accountability on topics related to the States finances and the economy. The report contains an update on State revenue from taxes, fees, and other sources, along with current economic indicators. In addition to these items, the briefing often has articles on such topics as the economy, employment, wages, inflation, taxes, debt, spending, and other topics related to State finance and budgeting. The briefing usually is released on the first or second business day of the month. | | | | Date Created: | 02-02-2024 | | | | Agency ID: | | | | | ISL ID: | 000000105882 Original UID: 212045 FIRST WORD: Monthly | |
| 146: | | Title: | | | | | Volume/Number: | 2023 November | | | | Issuing Agency: | | | | | Description: | The Commission has reviewed the State-funded retirement systems FY 2023 preliminary actuarial reports, which were issued prior to November 1st, pursuant to P.A. 97-0694, the State Actuary Law. Under the State Actuary Law, the systems must annually submit a proposed certification for the following fiscal year prior to November 1st of the current calendar year. The State Actuary then must issue a preliminary report concerning the systems proposed certification by January 1st. The State Actuarys report must identify any recommended changes in actuarial assumptions based upon the review of the retirement systems actuarial assumptions. Further, the Commission has reviewed the final versions of the systems FY 2023 actuarial reports and have updated this report accordingly. | | | | Date Created: | 01-31-2024 | | | | Agency ID: | | | | | ISL ID: | 000000105883 Original UID: 212046 FIRST WORD: Monthly | |
| 147: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | An analysis of Illinois economy provided to the Commission on Government Forecasting and Accountability by Moodys Analytics. The report examines how the states economy managed through the initial phases of the COVID-19 pandemic. Employment and economic development are examined from different regions of the state. Forecasts for employment, personal income, demographics, and housing are provided. | | | | Date Created: | | | | | Agency ID: | | | | | ISL ID: | 000000094372 Original UID: FIRST WORD: State | |
| 148: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | Revenue recap, overview of the national economy and the Commissions updated forecast of revenues with presentation of growth assumptions. | | | | Date Created: | | | | | Agency ID: | | | | | ISL ID: | 000000017771 Original UID: NA for serial records FIRST WORD: FY... | |
| 149: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | The Commission on Government Forecasting and Accountability's revenue estimates formulated on a modified accrual basis in accordance with generally accepted accounting principles GAAP. | | | | Date Created: | | | | | Agency ID: | | | | | ISL ID: | 000000016033 Original UID: NA for serial records FIRST WORD: GAAP | |
| 150: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | The Commission on Government Forecasting and Accountability issues this annual report: -To estimate liabilities of the State Employees' Group Health Insurance Program. -To meet with the Department of Central Management Services (CMS) and the Department of Healthcare and Family Services (HFS) to advise the departments on all matters relating to policy and administration of the Group Insurance Act. -To review and approve contracts recommended by the Director of Healthcare and Family Services related to the Group Insurance Program. | | | | Date Created: | | | | | Agency ID: | | | | | ISL ID: | 000000017758 Original UID: NA for serial records FIRST WORD: Liabilities | |
| 151: | | Title: | | | | | Volume/Number: | 2024 January | | | | Issuing Agency: | | | | | Description: | The Facts on Funds report catalogs all appropriated and non-appropriated funds of the State of Illinois. The report describes each funds purpose and includes the corresponding Illinois Compiled Statute (ILCS) citation. In addition, the reports shows each funds corresponding fund type (appropriated or non-appropriated), fund group (Special State Fund, General Fund, Federal Trust Fund, etc.), administering agency and recent fiscal year revenues. | | | | Date Created: | 1-11-2024 | | | | Agency ID: | | | | | ISL ID: | 000000105958 Original UID: 212137 FIRST WORD: Facts | |
| 152: | | Title: | | | | | Volume/Number: | 2024 March | | | | Issuing Agency: | | | | | Description: | A monthly report from the Illinois Commission on Government Forecasting and Accountability on topics related to the States finances and the economy. The report contains an update on State revenue from taxes, fees, and other sources, along with current economic indicators. In addition to these items, the briefing often has articles on such topics as the economy, employment, wages, inflation, taxes, debt, spending, and other topics related to State finance and budgeting. The briefing usually is released on the first or second business day of the month. | | | | Date Created: | 04-02-2024 | | | | Agency ID: | | | | | ISL ID: | 000000106611 Original UID: 212801 FIRST WORD: Monthly | |
| 153: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | The Commission on Government Forecasting and Accountability is statutorily required each year to submit a capital plan analysis based on the assessment of the States capital needs as prepared by the Office of Management and Budget and presented as part of the Governor's Budget. | | | | Date Created: | | | | | Agency ID: | | | | | ISL ID: | 000000017762 Original UID: NA for serial records FIRST WORD: FY... | |
| 154: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | The Commission on Government Forecasting and Accountability is statutorily required each year to submit a capital plan analysis based on the annual Governors Capital Budget request. CGFA is also required to prepare a consolidated review of the debt and capital plans of State bonding authorities and State universities. The Analysis further provides updated information pertaining to the States debt and ability to further market bonds (25 ILCS 155/3), as well as related topical information. | | | | Date Created: | 04-03-2024 | | | | Agency ID: | | | | | ISL ID: | 000000106626 Original UID: 212872 FIRST WORD: FY | |
| 155: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | As part of Public Act 96-0958, the Commission on Government Forecasting and Accountability is directed to annually develop a three-year budget forecast for the State, including opportunities and threats concerning anticipated revenues and expenditures, with an appropriate level of detail. This report represents the Commissions mandated three-year budget forecast. It begins with an examination of the State of Illinois General Funds revenues and expenditures over the last 20 years, and then considers threats and opportunities to Illinois budget. Finally, it concludes with potential three-year budget results based upon scenario analysis. | | | | Date Created: | | | | | Agency ID: | | | | | ISL ID: | 000000094849 Original UID: FIRST WORD: Three | |
| 156: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | Provides revenue estimates formulated on a modified accrual basis in accordance with generally accepted accounting principles (GAAP). This includes modified accrual basis estimates for the general funds, the Agricultural Premium Fund, the Road Fund, and the Motor Fuel Tax Fund. Recognition of revenue and liability in the fiscal year of collection or payment has been the premise for formulating the Illinois budget and is known as cash basis budgeting. Estimates formulated on a modified accrual basis instead recognize revenue and liability in the fiscal year of accrual and provide an alternative perspective to the budget process. | | | | Date Created: | 03-15-2024 | | | | Agency ID: | | | | | ISL ID: | 000000106320 Original UID: 212601 FIRST WORD: GAAP | |
| 157: | | Title: | | | | | Volume/Number: | 40th edition 2024 March | | | | Issuing Agency: | | | | | Description: | This handbook gives information on every significant Illinois state tax. Each is described in a separate section listing its history, rates, statutory authority, revenue collected, and disposition of proceeds. The Tax Handbook also notes federal taxes (if any) that apply to the same transactions; taxes on similar transactions in selected states (usually those with the highest and lowest rates) and taxes on the same item or transaction that local governments in Illinois are authorized to impose. | | | | Date Created: | 04-11-2024 | | | | Agency ID: | | | | | ISL ID: | 000000106688 Original UID: 213032 FIRST WORD: Illinois | |
| 158: | | Title: | | | | | Volume/Number: | 2024 April | | | | Issuing Agency: | | | | | Description: | As part of Public Act 96-0958, the Commission on Government Forecasting and Accountability is directed to annually develop a three-year budget forecast for the State, including opportunities and threats concerning anticipated revenues and expenditures, with an appropriate level of detail. This report represents the Commissions mandated three-year budget forecast. It begins with an examination of the State of Illinois General Funds revenues and expenditures over the last 20 years, and then considers threats and opportunities to Illinois budget. Finally, it concludes with potential three-year budget results based upon scenario analysis. | | | | Date Created: | 04-17-2024 | | | | Agency ID: | | | | | ISL ID: | 000000106690 Original UID: 213041 FIRST WORD: Three | |
| 159: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | At different points of the fiscal year, the Commission releases its Economic Forecast and Revenue Estimate Update. The purpose of this document is to provide members of the General Assembly and their staffs with the latest data, trends, and forecasts related to economic activity that would impact tax revenues in Illinois. Along with these economic updates, the Commission typically includes a general funds revenue estimate update for the current fiscal year (and possibly future fiscal years), along with a comparison of how these figures compare with budgetary and/or GOMB revenue estimates. These revenue updates are often broken down by revenue source, thereby providing the reader with a more detailed look behind the revenue performance in a particular fiscal year. | | | | Date Created: | 03-11-2024 | | | | Agency ID: | | | | | ISL ID: | 000000106301 Original UID: 212580 FIRST WORD: FY | |
| 160: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | Monthly newsletter on the state of the Illinois economy. | | | | Date Created: | | | | | Agency ID: | | | | | ISL ID: | 000000015909 Original UID: NA for serial records FIRST WORD: Monthly | |
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