This issue brief provides a "plain English" description of how GASB 43 and 45 will require government financial reporting on non-pension post-employment benefits (OPEB). It is illustrated with preliminary estimates of unfunded OPEB…
The Civic Federation's legislative priorities for 2006 include public pension reform, elimination of the Suburban Cook County Tuberculosis Sanitarium District, property tax exemptions and assessment reform, revision of the Regional…
The Civic Federation supported the MWRD's FY2006 Budget because it reduced its property tax levy by $4.4 million and continues to reduce personnel. The Federation recommended that the District pursue joint purchasing of prescription drugs…
The Civic Federation supported the Chicago Park District's FY2006 Budget because the District did not raise its property tax levy this year, and continues to control personnel costs by cutting positions and restructuring its healthcare…
The Civic Federation opposed the Forest Preserve District’s FY2006 Budget because the District's Capital Improvements Plan and budget document fail to meet minimum standards for disclosure and accountability.
The Civic Federation supports DuPage County's FY2006 budget and property tax increase because the County has reduced spending by 20% since 2002, and has held the line on property tax for 10 years. The Civic Federation cautions against any…
The Civic Federation supports the CTA's FY2006 budget as a reasonable short-term plan. It endorses the targeted fare increase to $2.00 for cash and rail cards, and encourages the CTA to work cooperatively with the RTA and General Assembly…
This report compares total property tax bills in selected communities in metropolitan Chicago, and finds that the effective rate for most communities studied fell between 1999 and 2003.
The Civic Federation opposes District 508's FY2006 budget because it increased by 11.2%, raised property tax to the maximum amount, and increased tuition, without evidence of serious efforts to cut costs.
The Civic Federation supports HB 1663 as an important first step toward resolving the CTA's financial crisis, but continues to call for a CTA fare increase and supplemental state funding to bridge the agency's immediate deficit and avert…
