The Illinois General Assembly approved a final State budget of $43.57 billion, 0.03% more than proposed by the Governor. The Governor and legislative leaders approved a 2-year pension funding “holiday” of $2.3 billion to help balance this…
This report found that the "7% cap" resulted in an 11.5% total reduction in property tax owed by homestead exempt properties and a 4.5% increase for all other properties in Chicago, tax year 2003.
This report compares total property tax bills in selected communities in metropolitan Chicago, and finds that the effective rate for most communities studied fell between 1999 and 2003.
The Civic Federation opposes District 508's FY2006 budget because it increased by 11.2%, raised property tax to the maximum amount, and increased tuition, without evidence of serious efforts to cut costs.
The Civic Federation supports the FY2006 Chicago Public Schools budget as a short-term plan to address the current year’s fiscal and programmatic challenges. It expresses concern about the budget’s lack of basic transparency, and warns of…
The Civic Federation supports HB 1663 as an important first step toward resolving the CTA's financial crisis, but continues to call for a CTA fare increase and supplemental state funding to bridge the agency's immediate deficit and avert…
The Civic Federation strongly supported the Governor's proposed pension reforms and the Pay as You Go funding proposal . It urged the General Assembly to adopt the pension reforms as well as a moratorium on further benefit enhancements.
The Civic Federation's legislative priorities for 2005 include the Suburban Cook County Tuberculosis Sanitarium District, property tax exemptions and assessment reform, public employee pensions, the Regional Transportation Authority Act,…
The Civic Federation opposed the Forest Preserve District’s FY2005 Budget because the District has failed to meet minimum standards for disclosure and accountability in its budget process and has implemented a 13.6% property tax increase…
The Civic Federation opposed the County’s $3.04 billion FY2005 budget because it does not reduce operational expenditures or implement increased efficiencies and it is balanced by means of two new and unnecessary revenue enhancements: a 2…
