The State of Illinois is anticipating a large increase in revenues from income tax rate increases approved in January and additional resources from borrowing to make its pension payment for the second year in a row. Even so, the Governor…
The staff and President of the Forest Preserve District of Cook County filed a FY2011 proposed budget for review by the District’s governing board on October 6, 2010, almost three months before the start of the new fiscal year on January 1…
This article about Cook County President Toni Preckwinkle’s proposed FY2011 budget, which makes major cuts and restructures debt to fill a nearly $500 million budget gap, mentions that the Civic Federation supports the proposed reforms.
This post on the Clout Street blog is about Cook County’s proposed FY2011 budget plans, which include major personnel cuts and debt restructuring to reduce a nearly $500 million budget gap. The Civic Federation says the budget proposal…
In this blog entry, Greg Hinz discusses Cook County President Toni Preckwinkle’s proposed FY2011 County budget, which calls for significant personnel reductions to help reduce a large budget gap. The Civic Federation says the proposed…
This news segment explores the effect that the proposed increase in State of Illinois income taxes may have on individuals and businesses. Civic Federation President Laurence Msall says the State’s plans will not make a dent in its deficit…
This article discusses efforts by legislators in Springfield to garner support for an increase in the State of Illinois’ income taxes. The Civic Federation says that if the State does not make major budget cuts between now and FY2015 when…
Civic Federation President Laurence Msall was a guest on Milt Rosenberg’s “Extension 720” program with the Better Government Association’s Andy Shaw. Mr. Msall discussed the City of Chicago’s finances and other topics.
This editorial discusses the effect that an increase to the State of Illinois’ taxes may have on businesses. The Civic Federation says that if the State goes through its plan to borrow money to pay into its pension systems and pay off…
In this news segment about the State of Illinois’ plans to raise revenue through a tax increase, Civic Federation President Laurence Msall says that raising taxes without making budget cuts does not fix the State’s fiscal problems. Mr.…
