Civic Federation Blog Archive: December 2011

12.30.11

Civic Federation Blog Provided Local Government Analysis and Recommendations for Fiscal Sustainability in 2011

 In 2011 the Civic Federation blog provided weekly context, information and perspective on government budgets and fiscal issues across Illinois.  Posts in 2011 focused on FY2012 local government budget analysis and the severe challenges facing local government pension funds, as well as a...

12.28.11

Cook County Health System Names Crown and Young to Board of New Foundation

The Cook County Health and Hospitals System appointed Lester Crown and Dr. Quentin Young to be directors of its newly created not-for-profit corporation, the Cook County Health Foundation.

12.21.11

Metropolitan Water Reclamation District Pension Fund in Decline

In this latest entry in a blog post series on local government pension funds, the Civic Federation analyzes the Metropolitan Water Reclamation District of Greater Chicago’s pension fund. The MWRD is the only sanitary district in Illinois to have its own pension fund. All other sanitary...

12.14.11

Local Government Fiscal Year 2012 Budget Analysis Summary, Part II

Last week marked the end of the budget season for the nine local governments monitored by the Civic Federation. These governments include: the City Colleges of Chicago, Chicago Public Schools, DuPage County, City of Chicago, Cook County, Chicago Transit Authority, Forest Preserve District of...

12.09.11

Local Government Fiscal Year 2012 Budget Analysis Summary

This week marks the end of the Civic Federation's fiscal year 2012 local government budget analysis season. The nine local governments monitored by the Civic Federation include: City Colleges of Chicago, Chicago Public Schools, DuPage County, City of Chicago, Cook County, Chicago Transit Authority...

12.01.11

Chicago Park District Pension Fund Shows a Negative Trend

The Chicago Park District is the only park district in Illinois with its own pension fund. All other park districts participate in the Illinois Municipal Retirement Fund. The Chicago Park District pension fund is governed by a seven-member Board of Trustees, as prescribed in state statute. Four...