The Civic Federation supported the MWRD's FY2007 Budget because it minimizes the burden on taxpayers and implements sound financial planning techniques. Notably, the MWRD has adopted a policy establishing an irrevocable trust for funding…
The Civic Federation supported the Chicago Park District's FY2007 Budget because the District did not raise its property tax levy this year, and has held down operating costs through a combination of careful management practices,…
CIVIC FEDERATION APPLAUDS FISCAL RESTRAINT IN PARKS BUDGET Urges Pension and Employee Benefit Reform to Control Costs CHICAGO – Praising a combination of careful management practices, prudent privatization initiatives, and creative public-…
This issue brief describes various forms of privatization available to the public sector, including asset sales, contracting out of management, corporatization, internal markets, intergovernmental contracts, managed competition, and…
The Civic Federation supports DuPage County's FY2007 budget because the County has reduced spending by over twenty-five percent since 2003, and has focused on cost reduction before seeking revenue increases. The Civic Federation cautions…
Reform and Rationalization Necessary to Avoid Continual Tax Increases The Civic Federation announced its support for the $469.5 million proposed FY2007 DuPage County preliminary budget on Monday, citing a combination of prudent fiscal…
The Civic Federation opposes the CTA's FY2007 budget because it relies on 110 million dollars in additional state support which has not been guaranteed, and provides no detailed contingency plan. The Federation recommends that the CTA…
(CHICAGO) – “A spending plan based on the hope of $110 million in new money from the state is neither balanced nor financially responsible,” said Laurence Msall, president of the Civic Federation. The Federation announced its opposition to…
The Civic Federation supports the Forest Preserve District's proposed 164.5 million budget because the District has made important steps toward professionalization of its operations, including the issuance of a Capital Improvement Plan.…
The Civic Federation supports the City of Chicago's proposed $5.7 billion budget but has serious concerns about the poor health of the City's pension funds and the low level of reserve funds for contingencies.
