Government Budgets

.

Recovery Bond Program Ends, Illinois Expects $1 Billion in Subsidies

Congress appears to have sealed the fate of the federal Build America Bond (BAB) subsidy by not including renewal of the program in the package of unemployment benefits and…

.

Where do the Cook County Sales Tax, Amusement Tax and other Taxes go?

State and local governments utilize fund accounting in order to demonstrate accountability and compliance with rules, laws and regulations.[1] For example, Cook County has a multitude of funds…

.

Civic Federation to Cook: Simplify property taxes, cut bureaucracy

The Civic Federation’s position on the Cook County property tax system is the focus of this article. In the report, the Federation says the…

.

County property tax overhaul urged

This article discusses the Civic Federation’s position on the Cook County property tax system, which says the County should make the system…

.

Broken budget awaits next mayor

This article explores the financial landscape that will confront the next mayor of the City of Chicago. The Civic Federation says that the City entered the current economic recession without an economic plan and that the next mayor will…

.

Civic Federation Position on the Cook County Property Tax System

This report articulates the Civic Federation’s overall position on the Cook County property tax system. The report expresses the Federation’s vision for a better property tax system and serves as a framework against which proposals to…

.

Civic Federation Releases Vision for a Better Property Tax System; New Report Supports Property Tax as a Reliable Source of Government Revenue

(CHICAGO) The Civic Federation stakes out its comprehensive position on the Cook County property tax system in a new report released today. The goal of the report is not only to describe what a better property tax system might look like,…

.

The Chicago Parking Garage Leases

 Although it does not receive as much attention as the Skyway and the metered parking system leases, the downtown public parking system lease was also…

.

Chicago accepting private bids for lakefront summer fests

In this segment of the Eight Forty-Eight news program, Civic Federation President Laurence Msall discusses how a proposal to privatize City of Chicago lakefront festivals could help fill the City’s budget deficit.

.

New report highlights Illinois’ state budget woes

This news segment discusses a recent report that describes the condition of Illinois’ finances as dire. Civic Federation President Laurence Msall assents with that assessment and adds that the State’s has few options to fix its fiscal…