CHICAGO — Illinois lawmakers should reject much of Gov. Pat Quinn’s proposed $52.7 billion fiscal 2012 budget because it leaves a $2.4 billion operating shortfall and relies too heavily on an expensive borrowing scheme to pay off billions of dollars in overdue bills, a local tax policy group recommended Monday.

“While the Civic Federation is encouraged that Gov. Quinn and the General Assembly have taken some steps to resolve the state budget crisis, we cannot support an unbalanced budget that increases appropriations despite a multibillion backlog of unpaid bills,” said Laurence Msall, president of the Civic Federation of Chicago, which tracks Illinois and local government fiscal and tax policies.

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