Government Budgets

.

City Colleges of Chicago Fund Balance Continues to Decline

As the State of Illinois approaches two full years without enacting a comprehensive state budget, local governments have been forced to make difficult financial decisions to continue operating during these uncertain times. City Colleges…

.

Without State Budget Deal, Mega Millions And Powerball To Leave Illinois

This segment discusses how the State of Illinois could lose the Powerball and Mega Millions lottery games if the State does not reach a budget agreement by the end of this month. Civic Federation President Laurence Msall makes the point…

.

No Budget Deal in Sight as General Assembly Session Ends

The Illinois General Assembly ended its regular session on May 31, 2017 without passing a budget, heightening concerns that the State might move into a third year without a complete financial plan. Standard & Poor’s and Moody’s…

.

Coverage of State Budget Coalition Press Conference

The following news pieces cover a recent press conference held by the Civic Federation and several social service, civic and advocacy organizations. During the press conference, Civic Federation President Laurence Msall and leaders from…

.

CPS' $389 million funding fix: Haul out the plastic

This article examines the City of Chicago’s proposed short-term borrowing plan to prevent the Chicago Public Schools from ending the school year early. Civic Federation President Laurence Msall remarks that the District could pay a premium…

.

Coverage of the State of Illinois FY2018 Recommended Budget Analysis

The following news items cover the release of the Institute for Illinois’ Fiscal Sustainability at the Civic Federation's analysis of Governor Rauner’s FY2018…

.

Civic Federation Cannot Support Governor’s FY2018 Budget

Civic Federation urges governor and legislators to pass comprehensive, balanced budget (CHICAGO) – In a report released today, the Civic Federation’s Institute for Illinois’ Fiscal Sustainability announced it cannot support Illinois…

.

State of Illinois FY2018 Recommended Operating Budget: Analysis and Recommendations

Click here to read the full report. The Civic Federation’s Institute for Illinois’ Fiscal Sustainability not able to support…

.

Rahm Emanuel postpones briefings on CPS rescue

This article discusses the City of Chicago taking additional time to determine how to prevent the Chicago Public Schools from ending the school year early due to financial issues. Laurence Msall, President of the Civic Federation, notes…

.

Rahm likely will have to rescue CPS, no matter how judge rules

This article discusses what options the City of Chicago might have to aid the Chicago Public Schools and prevent the District from ending the school year early due to serious financial issues. Civic Federation President Laurence Msall…