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…
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…
Click here to read the full report. INTRODUCTIONThis annual report lists and describes selected consumer taxes within the City…
The Civic Federation today released Consumer Taxes in Chicago: A Compilation of Selected Taxes in Place in the City of Chicago as of January 1, 2024. This annual report lists and describes selected consumer taxes within the City of Chicago…
