This article discusses concerns in the bond market that the State of Illinois’ recent tax increase does not do enough to correct the State’s precarious finances. The Civic Federation says the bond market is especially concerned with…
This editorial about the recent State of Illinois income tax increase, which includes an annual cap on spending, mentions a Civic Federation suggestion that the State should spend less than the cap and only up to available revenues.
In this segment of the "Chicago Tonight" news program, Civic Federation President Laurence Msall participates in a roundtable discussion about the State of Illinois' passage of a large income tax increase package.
This article is about the Forest Preserve District of Cook County’s FY2011 preliminary budget plans. The Civic Federation calls for the creation of a separate board of commissioners for the District, instead of the current system in which…
In discussions of the State of Illinois’ budget, no issue is more contentious—or more confusing—than recent spending trends. Simply stated, is Illinois spending more or less than it was two years ago?…
The Institute for Illinois’ Fiscal Sustainability at the Civic Federation recently described how some State of Illinois pension bond proceeds…
The Civic Federation supports the FY2011 Forest Preserve District of Cook County budget of $198.0 million, which includes both operating and capital expenditures. The proposed FY2011 budget represents a decrease of $236.3 thousand, or 0.1…
(CHICAGO) Even though the staff of the Forest Preserve District of Cook County completed and filed its budget three months ago and is now over three weeks into the 2011 fiscal year, the dual board of Commissioners that governs both the…
In addition to the tax increase and spending limits bill approved in the last hours of the 96th Illinois General Assembly,…
