Government Budgets

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Chicago Transit Authority Reduces Assumptions for State Reduced Fare Subsidy

The Chicago Transit Authority (CTA) has historically received a reduced fare reimbursement, or subsidy, from the State of Illinois for providing free and discounted rides to eligible riders including seniors, people with disabilities,…

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Civic Federation Supports Proposed FY2020 Chicago Budget but has some Significant Concerns

(CHICAGO) – In a report released today, the Civic Federation announced its support for the City of Chicago’s proposed $9.9 billion FY2020 budget but still has several significant reservations. The full analysis is available…

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City of Chicago FY2020 Proposed Budget: Analysis and Recommendations

Click here to read the full report. Click here…

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Civic Federation 2020 Legislative Priorities

2020 Civic Federation Legislative PrioritiesThe Civic Federation's legislative priorities for 2020 …

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Civic Federation Supports Cook County's FY2020 Budget

(CHICAGO) -- In a report released today, the Civic Federation announced support for Cook County’s proposed FY2020 budget. The $6.18 billion budget proposal is a reasonable budget plan that holds the line on increasing taxes or fees while…

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Cook County FY2020 Executive Budget Recommendation: Analysis and Recommendations

Click here to read the full report. Click here to read…

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Chicago Mayor Pitches Budget Relying on Uncertain State Help

This article covered Chicago Mayor Lori Lightfoot's budget address, in which she presented her recommendation for the City's FY2020 budget. Civic Federation President Laurence Msall said that the proposal was a "strong effort" to close a…

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City of Chicago Projected Budget Deficit Increases to $838.2 Million

The City of Chicago recently released its Budget Forecast for FY2020, which provides financial estimates for the City’s fiscal…

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Interactive Chicago Public Schools FY2020 Budget

The Chicago Public Schools FY2020 Budget is an example of fund-based budgeting. Collected revenues are assigned to different funds intended to support various governmental functions. The interactive chart below is a…

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Chicago Mayor Faces Huge Budget Shortfall

This article covered the City of Chicago's significant financial challenges ahead of Mayor Lori Lightfoot's State of the City address. Civic Federation President Laurence Msall said that the Mayor does not have any easy solutions left to…