Other Governments

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City Colleges of Chicago FY2017 Tentative Budget: Analysis and Recommendations

The Civic Federation supports the City Colleges of Chicago’s proposed FY2017 operating budget. The $523.7-million budget is a reasonable plan given the unprecedented uncertainty surrounding funding from the State of Illinois as it enters a…

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Local Governments Must Repay $168 Million to the State

In April 2016, the Illinois Department of Revenue announced that it discovered a misallocation totaling an estimated $168 million in…

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FY2016 Budget Season Summary

FY2016 Budget Season Summary December 3, 2015 marked the end of the budget season for the eight local governments monitored by the Civic Federation. These governments include: the…

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Metropolitan Water Reclamation District FY2016 Tentative Budget: Analysis and Recommendations

The Civic Federation Supports the Metropolitan Water Reclamation District’s tentative budget of $1.21 billion for being reasonable and balanced while maintaining ample reserves and for its fiscal responsibility in properly funding pensions…

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Measuring the Productivity of the Chicago Transit Authority Over Time

The Chicago Transit Authority (CTA) recently released its FY2016 proposed budget. While the Civic Federation traditionally analyzes…

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Forest Preserve District of Cook County FY2016 Executive Budget Recommendation: Analysis and Recommendations

The Civic Federation supports the Forest Preserve District of Cook County’s proposed $190.3 million budget. The proposed plan is reasonable and balanced, does not use fund balance reserves for operations and holds the property tax levy…

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Chicago Transit Authority President's FY2016 Budget Recommendations: Analysis and Recommendations

The Civic Federation supports the Chicago Transit Authority's (CTA) FY2016 operating budget of nearly $1.47 billion. The budget represents a continued effort to actively manage costs and improve service levels. The CTA is continuing to…

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City Colleges of Chicago FY2016 Tentative Budget: Analysis and Recommendations

The Civic Federation supports the City Colleges tentative FY2016 budget totaling $695.6 million because it continues to minimize the financial burden placed on taxpayers by avoiding a property tax increase at a time when other local…

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Chicago Area Governments Bond Ratings Fall Below Investment Grade

Recently, Moody’s Investors Service downgraded the City of Chicago,…

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City Colleges of Chicago Ends FY2014 with Lower Level of Budget Reserves

UPDATE: New information from City Colleges of Chicago has been provided to the Civic Federation that makes adjustments to past years’ Statements of Net Position to comply with the Governmental Accounting Standards Board (GASB)…