Government Budgets

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2015 Year in Review for Institute for Illinois’ Fiscal Sustainability Blog Posts

The following were among the most highly read posts provided by the Institute for Illinois’ Fiscal Sustainability in 2015. Understandably, they represent the most closely followed Illinois fiscal issue of the year: the ongoing state budget…

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FY2016 Budget Season Summary

FY2016 Budget Season Summary December 3, 2015 marked the end of the budget season for the eight local governments monitored by the Civic Federation. These governments include: the…

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Popular Annual Financial Reports: The Potential for Increased Transparency, Accountability and Public Inclusion

Popular Annual Financial Reports: The Potential for Increased Transparency, Accountability and Public Inclusion The Civic Federation has long encouraged government transparency and accountability, both of which are emphasized in our…

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MWRD of Chicago Budget Praised

This article covers the Civic Federation’s December 3 analysis of the FY2016 Metropolitan Water Reclamation District Tentative Budget. The Federation…

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Rauner, Madigan to meet, but little progress expected on state impasse

This article discusses a December 1 meeting scheduled between Governor Rauner and four House and Senate leaders to discuss the Illinois budget and the ongoing budget impasse. The Civic Federation said there is an enormous financial cost to…

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Fare Game: When do CTA Buses Break Even?

This Curious City segment on the CTA asks “How many fares does it take for a bus to get to the break even point?” The Civic Federation said the concept of breaking even is not a reasonable expectation for the public agency; rather that the…

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State of Illinois Group Health Insurance Bills Climb to More than $2 Billion

As Illinois enters the sixth month of fiscal year 2016 without a budget, the backlog of unpaid group health insurance bills has reached more than $2 billion and is likely to grow…

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Civic Federation Supports Metropolitan Water Reclamation District's FY2016 Tentative Budget

In an analysis released today, the Civic Federation announced it supports the Metropolitan Water Reclamation District’s Tentative FY2016 budget of $1.21 billion. The District proposes a reasonable, balanced budget while maintaining ample…

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Metropolitan Water Reclamation District FY2016 Tentative Budget: Analysis and Recommendations

The Civic Federation Supports the Metropolitan Water Reclamation District’s tentative budget of $1.21 billion for being reasonable and balanced while maintaining ample reserves and for its fiscal responsibility in properly funding pensions…

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Civic Federation Supports Chicago Park District's FY2016 Budget

Accommodates Increased Pension Contributions and Holds Property Tax Levy Relatively Flat In an analysis released today, the Civic Federation supports the Chicago Park District’s proposed FY2016 operating budget of $458.1 million. The…