Chicago’s FY2025 Proposed Budget Exacerbates Structural Imbalance
On October 30, Chicago Mayor Brandon Johnson introduced the City’s proposed FY2025 budget. The proposed budget included a…
On October 30, Chicago Mayor Brandon Johnson introduced the City’s proposed FY2025 budget. The proposed budget included a…
The City of Chicago currently faces mounting fiscal challenges, with a projected FY2025 budget gap of $982.4 million. A significant contributor to the City’s rising costs is its rising debt burden over time. More information about the City…
The Civic Federation today released a report framing stark financial realities and opportunities City of Chicago officials must navigate as they work to build and approve the City’s FY2025 budget this fall. Estimates place the government…
The City of Chicago is contending with two merging fiscal challenges: FY2025 budget planning to address a projected $982.4 million deficit, and simultaneously scrambling to meet a $222.9 million deficit still remaining in FY2024. In a new…
Click here to read the full report.Click here to read the executive summary.…
The Civic Federation today released a position paper calling on the Illinois General Assembly to pursue foundational structural reform of Northeastern Illinois’ mass transit systems—…
With Northeastern Illinois’ transit agencies facing an estimated $730 million fiscal cliff in FY2026, the Civic Federation calls on the Illinois General Assembly to consolidate the Regional Transportation Authority, Chicago Transit…