Government Budgets

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States struggle to balance budgets

This National Public Radio segment is about how some states are struggling to cope with massive budget deficits. Civic Federation President Laurence Msall says Illinois’ fiscal troubles – 30 years in the making and rooted partially in the…

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Public plans take knife to benefits

This article is about how state pension systems around the country are coping with the effects of the financial crisis. The Civic Federation comments on the State of Illinois’ recent pension reforms, saying that the reforms are a good…

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Pensions costly, but they’re no Cadillacs

This editorial discusses recent efforts to overhaul the State of Illinois’ public pension systems and reduce its unfunded liabilities. It mentions a Civic Federation proposal to eliminate the income tax exemption for pension income in…

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Editorial: Answer call to action

This editorial about Illinois’ perilous fiscal condition features Civic Federation commentary about the State of Illinois’ fiscal crisis and mentions recommendations made by the Federation in its “Fiscal Rehabilitation Plan for the State…

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Editorial: State denial

This editorial about the options Illinois has to balance its budget focuses on recommendations made by the Civic Federation in its “Fiscal Rehabilitation Plan for the State of Illinois.”

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Pension Holiday in FY2011 Estimated to Cost $12.5 Billion

The State of Illinois has yet to determine how it will handle its required pension contributions for FY2011. However, a recent analysis by the Commission on…

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Is TIF the Solution to the Chicago Public Schools’ Budget Crisis?

  On June 15, 2010 the Chicago Board of Education approved measures to cope with the school district’s…

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Civic Federation Position Statement on School Vouchers

Civic Federation Position Statement on School Vouchers June 17, 2010 The Civic Federation supports the use of vouchers to provide students in low-performing public schools with the opportunity to attend private schools. We view charter…

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States Punt on Tax Increases for FY2011

The State of Illinois is not the only cash-strapped state that shied away from major tax increases to improve its financial condition in FY2011. According to Stateline.…

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Chicago School Board opens door to 35 in a class

This article discusses how the Chicago Public School system plans to balance its FY2011 budget with a combination of class size increases and borrowing. The Civic Federation questioned why CPS would opt to increase class size without…