Civic Federation Blog Archive: October 2011

10.26.11

DuPage County Sees Personnel Expenses Rise Despite Employee Reductions

  Last week the Civic Federation released its analysis of DuPage County’s $434.7 million FY2012 budget proposal. The Federation supported the County’s plan because it reduces expenditures for the third year in a row while pledging to maintain the existing level of service and keep...

10.18.11

City of Chicago Pension Health Continues to Decline

The pension crisis at the City of Chicago is severe. As described here, the City faces two distinct pension crises: two of its four funds are expected to run out of money by the year 2030 while the other two funds are scheduled to be rescued from insolvency but at a very steep cost to the City....

10.11.11

The City of Chicago's Public Safety Expenditures

On Wednesday October 12th, Mayor Emanuel will release his first budget recommendations for the City of Chicago. With a reported FY2012 budget gap of $635.7 million to close in the Corporate Fund, the proposed budget is likely to address costs in the largest component of the City’s operating...

10.05.11

Civic Federation Publishes Report on Chicago Charter School Finances

On October 4, 2011 the Civic Federation released an independent analysis of Chicago charter school finances. The 170-page report, which is the first of a two-part study supported by the Searle Funds at The Chicago Community Trust, examined the publicly available budgets and audited financial...