CHICAGO (AP) — A watchdog group is opposing Gov. Pat Quinn’s proposed budget because it would use revenue from an income tax hike to add new spending.
The Chicago-based Civic Federation released its analysis Tuesday of Quinn’s 2015 spending plan. The $38.1 billion proposed budget makes permanent the temporary income tax increase lawmakers approved in 2011.
That tax hike is set to roll back in January, leading to an estimated $1.6 billion loss in revenue.
Quinn is a Chicago Democrat. He says extending the tax increase is necessary to avoid severe cuts to areas such as education. But the Civic Federation notes Quinn wants to use $1.3 billion on a new property tax refund for homeowners.
The organization says new revenue should be used to pay down Illinois’ multibillion-dollar backlog of unpaid bills.