Government Budgets

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Park District FY2013 Budget Continues Initiative to Eliminate Structural Deficit

Civic Federation cautions use of one-time revenues could undermine deficit reduction efforts In a report released today, the Civic Federation announced its support for the Chicago Park District’s proposed FY2013 budget of $410.9 million…

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Chicago Park District FY2013 Budget: Analysis and Recommendations

The Civic Federation supports the $410.9 million FY2013 Chicago Park District budget for limiting spending increases and continuing the District’s effort to eliminate its structural deficit by FY2015. By utilizing prudent alternatives to…

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New Report Reviews State of Illinois Infrastructure

The Institute for Illinois’ Fiscal Sustainability released a new report today that provides an overview of the condition and funding of Illinois infrastructure. As discussed in…

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The State of Illinois Infrastructure

This report provides an overview of the condition and funding of Illinois infrastructure based on a compilation of various needs assessments from public agencies that manage infrastructure in the State including the Illinois State Toll…

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GASB 54 Reporting Changes for Fund Balance Evident with Chicago Park District

The Chicago Park District recently released its $410.9 million spending plan for FY2013. The District had identified a $16.0 million budget gap,…

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Civic Federation Supports FY2013 Forest Preserve District Budget: Negative Long-term Trends Include Significant Decline in Pension Funding

In a report released today, the Civic Federation supports the $190.3 million proposed FY2013 Forest Preserve District of Cook County budget for its discipline in identifying non-tax revenue sources as an alternative to increasing the…

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Forest Preserve District of Cook County FY2013 Budget Analysis

The Civic Federation supports the Forest Preserve District of Cook County’s FY2013 proposed $190.3 million budget for its discipline in identifying non-tax revenue sources to hold the property tax levy flat for the fourth year in a row…

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State Budget Reform Group Takes Aim at Mandates

In its second annual report issued earlier this month, the Illinois…

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City of Chicago Pensions See Continued Decline

As highlighted in the Civic Federation’s analysis of the proposed FY2013 City of Chicago budget and discussed in last week’s…

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Civic Federation approves of city’s 2013 budget

This article covers the Civic Federation’s analysis and support of the City of Chicago FY2013 Proposed Budget. Actions to close a $298 million budget gap reflect better…