Government Budgets

.

Chicago’s budget: How to slash a deficit without raising taxes

City of Chicago Mayor Rahm Emanuel’s budgetary plans for the City are the focus of this article. The Civic Federation says that the City’s debt obligations do not allow much budgetary wiggle room in the latest City budget. The Federation…

.

Watchdog group backs DuPage budget plan

This article discusses the Civic Federation’s analysis of DuPage County’s FY2012 budget proposal. The…

.

Civic Federation Gives Cronin's Budget Plan The Thumbs Up

This news segment discusses the Civic Federation’s support for DuPage County’s FY2012 budget proposal. The…

.

DuPage County Budget Cuts Spending, Freezes Property Tax

Civic Federation Encourages County to Fully Implement Planning Policies (CHICAGO) The Civic Federation supports the proposed $434.7 million DuPage County budget for FY2012 because it cuts spending for the third year in a row while holding…

.

DuPage County Proposed FY2012 Budget: Analysis and Recommendations

The Civic Federation supports the DuPage County Proposed FY2012 Financial Plan of $434.7 million. The County is reducing expenditures for the third year in a row while pledging to maintain the existing level of service and keep the…

.

States Consider Shift from Traditional Pension Plans

Faced with mounting pension costs, the State of Illinois and a number of other states are considering moving away from traditional pension plans.…

.

State Revenue Under Forecasts to Produce Cuts From New York to California

This article discusses the negative effect that revenue declines are having on the fiscal condition of states’ budgets. The Civic Federation says that the State of Illinois will not grow out its way out of fiscal trouble and that it must…

.

Mayor plays his hand

This article discusses City of Chicago Mayor Rahm Emanuel’s proposed FY2012 budget for the City. The Civic Federation says the proposal is good first step and helps guide the City in a good fiscal direction.

.

Kirk report diagnose Illinois’ 'unsustainable' debt

This article is about an advisory report about the State of Illinois debt load, issued by U.S. Senator Mark Kirk, which cites IIFS’ “Cost of the Crisis” report from 2010.

.

The Civic Federation’s Laurence Msall Discusses Illinois’ Dire Finances, Reforms

Civic Federation President Laurence Msall is interviewed about the State of Illinois’ fiscal problems.