Government Budgets

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Chicago Park District FY2011 Budget: Analysis and Recommendations

The Civic Federation supports the Chicago Park District’s FY2011 proposed operating budget of $397.6 million. The District is proposing to hold the property tax levy flat and maintain expenditures at close to FY2010 levels by using…

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Civic Federation Supports Proposed FY2011 Chicago Park District Budget

The Chicago Park District is to be commended for holding its property tax levy flat for the sixth straight year, says a Civic Federation report released today. The District will rely on non-tax revenues and a slight cut in staffing levels…

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Future Effects of P.A. 96-0889 on Chicago Park District Pension System

   The Civic Federation released today its analysis of the Chicago Park District’s proposed FY2011…

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State Revenues on Track for Moderate Growth in FY2011

The operating budget enacted by the State of Illinois for FY2011 is based on General Funds revenues projected to be slightly higher than last year’s, and so far actual monthly revenues appear to be on target to meet or exceed these…

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Final Civic Federation Property Tax Primer Evaluates Effectiveness of Cook County Property Tax System

(CHICAGO) The final installment in the Civic Federation’s four-part educational series describing and evaluating the Cook County property tax system was published today. “The growing complexity of the property tax system in Cook County…

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The Cook County Property Tax System and Fundamental Principles of Taxation

This report describes basic principles of taxation and evaluates how these principles are manifested in the Cook County property tax system. The purpose of the report is descriptive, not prescriptive. It examines the operation of basic tax…

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State Budget Report Highlights Pension Problem

  A new report by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability (IIFS)…

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Civic Federation Report Reviews State Budget Process, Provides Summary of Enacted FY2011 Spending Plan

(CHICAGO) The Civic Federation’s Institute for Illinois’ Fiscal Sustainability released a plain-English summary of the State of Illinois’ FY2011 enacted budget today. The 26-page report is available on our website,…

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State of Illinois Enacted Budget FY2011: A Review of the Operating Budget Enacted for the Current Fiscal Year

This report examines the State of Illinois’ $53.5 billion operating budget for Fiscal Year 2011, which began on July 1, 2010 and ends on June 30, 2011. The report focuses on the $25.8 billion General Funds budget, the largest component of…

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Illinois budget battle starts with the numbers

This article compares the different statements made by think tank organizations about the extent of Illinois’ fiscal issues. The Civic Federation says that while State employees are not overpaid, they do receive very generous retirement…