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Government Privatization - Illinois General Assembly

Government Privatization History, Examples, and Issues Commission on Government Forecasting and Accountability 703 Stratton Office Building Springfield, Illinois 62706 October 2006 Commission on Government Forecasting and Accountability COMMISSION CO-CHAIRMEN Senator Jeffrey M. Schoenberg Representative Terry R. Parke SENATE HOUSE Don Harmon Mark H. Beaubien, Jr. Christine Radogno Frank Mautino Steven Rauschenberger Robert Molaro David Syverson Richard Myers Donne Trotter Elaine Nekritz EXECUTIVE DIRECTOR Dan R. Long DEPUTY DIRECTOR Trevor J. Clatfelter REVENUE MANAGER Jim Muschinske AUTHOR OF REPORT Benjamin L. Varner EXECUTIVE SECRETARY Donna K. Belknap TABLE OF CONTENTS Government Privatization : History Examples, and Issues PAGE Executive Summary i I. Privatization 1 II. Forms of Privatization 1 III.

carry conditions as to the change in ownership. ... This is usually done by auction. The final method is voucher privatization in which shares of ownership are distributed to all citizens for -1- ... Cable television is the most common example of this kind of privatization. Utilities such as electricity, gas, and water service could also fall

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