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…
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…
On October 31, 2012, the Civic Federation released its analysis of the City of Chicago’s…
In a report released today, the Civic Federation announced its support for the City of Chicago’s proposed $6.5 billion FY2013 budget which reduces the City’s reliance on one-time revenue sources while restructuring City government through…
The Civic Federation supports the City of Chicago’s FY2013 proposed $6.5 billion budget which reduces the City’s reliance on one-time revenue sources while restructuring City government through better managing personnel expenditures.…
A national report on state budget issues released this week details the ongoing operating budget problems in Illinois and highlights the State’s dire need to invest in its neglected infrastructure. According to the State Budget Crisis Task…
Last week, Chicago Public Schools (CPS) issued an amended FY2013 budget plan based on the new contract agreement between the District and the Chicago Teachers Union (CTU). The revised budget includes an additional $103 million in spending…
The fact that the State of Illinois is no longer behind on paying business income tax refunds is good news for taxpayers and the State budget. But due to an obscure provision of State law, the elimination of the refund backlog also means…
Although discussion about the State of Illinois’ annual budget primarily focuses on the operating expenditures the State also appropriates significant funding each year for capital investments. The State approved a $22.7 billion capital…