Civic Federation Blog Archive: August 2012

08.23.12

Chicago Public Schools Approves FY2013 Budget

On July 19, 2012, the Civic Federation released its analysis of the proposed FY2013 budget for Chicago Public Schools (CPS) in anticipation of the Board of Education’s vote on the budget scheduled for the following week. However, two days before the meeting, CPS announced that the Board vote...

08.15.12

Changes to Chicago Park District Pension Fund Fiscal Year

UPDATE: On Thursday, August 16, 2012, Governor Quinn signed into law the changes to the Chicago Park District Pension Fund fiscal year as Public Act 097-0894.

08.08.12

Part Two on City of Chicago's Annual Financial Analysis for 2012 -- Pension Liabilities and Long-Term Debt

(Click here to read part one of this two-part look at the City's Annual Financial Analysis.)

08.02.12

2011 Cook County Property Tax Bills Due This Week

Second installment property tax bills for Cook County residents are due this week, the earliest due date since at least 1977, according to the elected officials associated with the Cook County property tax process. Cook County Clerk David Orr’s office released the 2011 Cook County Tax Rates...

08.01.12

City of Chicago Releases Annual Financial Analysis for 2012

 This week the City of Chicago released its Annual Financial Analysis for 2012. According to an executive order issued by Mayor Emanuel on May 20, 2011, the Office of Budget and Management is mandated to produce a financial analysis of the City budget by July 31st of each year. The analysis...