This issue brief provides a "plain English" description of how GASB 34 has increased transparency in government financial reporting. It is illustrated with examples from the City of Chicago's FY2002 CAFR, as well as State of Illinois and…
The Civic Federation's legislative priorities for 2004 include the Suburban Cook County Tuberculosis Sanitarium District, property tax assessment appeals, Neighborhood Preservation Homeowners' Exemption, public employee pensions, and…
This table provides an estimate of the total market value of property in Cook County and shows how property value is spread among the City of Chicago, the northern and the southern suburbs.
This report provides a 6-year trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1997 to 2002.
This report presents a macro-level overview of expenditure, revenue, debt and personnel trends of 1,043 governments in Cook, Lake, DuPage, Kane, McHenry, and Will Counties. It includes FY1997 and FY2000 comparative information for…
Despite the limitations of Mayor Daley's property tax exemption proposals, The Civic Federation supported them with a number of cautions. The Civic Federation is concerned about the cost of administering the system, increased complexity of…
The Civic Federation supported Chicago’s FY2004 budget of $4.8 billion because: 1) the City has made continued efforts to control personal services costs by reducing personnel over time; 2) The City’s net appropriation has increased an…
This report provides a 6-year trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1996 to 2001.
The Civic Federation commended the City of Chicago for avoiding any broad based tax increases in its efforts to balance the $4.7 billion FY2003 budget.
The Civic Federation supported the proposed FY2002 City of Chicago budget of $4.6 billion because: the budget did not include any broad-based tax increases; it eliminated 538 vacant positions for a net savings of $22 million; it cut 5%…
