07.24.18
Click here to read the full report.
The Civic Federation supports the City Colleges of...
The Civic Federation is a non-partisan government research organization working to maximize the quality and cost-effectiveness of government services in the Chicago region and State of Illinois.
Chicago Public Schools FY2019 Proposed Budget: Analysis and Recommendations
Click here to read the full report. The Civic Federation supports Chicago Public Schools’ proposed FY2019 budget of $7.6 billion with reservations. Due to considerable recurring revenue sources,...
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City Colleges of Chicago FY2019 Tentative Budget: Analysis and Recommendations
Click here to read the full report. The Civic Federation supports the City Colleges of Chicago’s proposed FY2019 operating budget. The $436.1 million budget is a prudent plan to continue to...
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Estimated Full Value of Real Property in Cook County: 2007-2016
Click here to read the full report. This report provides estimates of the full market value of real property in Cook County from 2007-2016 and shows how property value is spread among the...
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Job Opening at the Civic Federation: Research Associate
The Civic Federation is an independent, non-partisan government research organization that provides analysis and recommendations on government finance issues for the Chicago region and State of...
Learn MoreTweets by @CivicFederation
The Civic Federation
Given the uncertainties inherent in actuarial projections, budget officials who are relying on pension buyout savin… https://t.co/2zSKFQ372h
The Civic Federation
It is imperative that CPS come up with a multi-year plan to end the short-term borrowing cycle and rebuild reserves… https://t.co/0zFKotqTsV
Blogs
08.10.18
The City of Chicago released its 2017 Comprehensive Annual Financial Report (CAFR) earlier this summer. This blog will examine the City’s Corporate Fund (i.e. General Fund) fund balance as a percent of general operating expenditures based on audited data from the City’s most recent CAFR. This...
08.03.18
Thanks to higher than expected revenues , the State of Illinois ended the last fiscal year with a backlog of unpaid bills that was about $900 million below earlier forecasts.
The bill backlog stood...
07.27.18
The Chicago City Council on July 25, 2018 approved a 2.0% surcharge on shared housing and vacation rentals in the City of Chicago. The 2.0% surcharge is in addition to an existing 4.0% surcharge on vacation rentals or shared housing units, bringing the total taxes specific to home sharing to 6.0...
07.16.18
The State of Illinois collected over $900 million more in revenues than previously forecast in the budget year that just ended, apparently resulting in a lower than expected year-end backlog of unpaid bills.
The State’s general operating revenues for fiscal year 2018 were $37.7 billion,...
In the News
07.24.18
Multiple Outlets
The following news items cover the release of the Civic Federation's analysis of the Chicago Public Schools FY2019 budget ....
05.30.18
Crain's Chicago Business
This article discusses the findings of the Civic Federation’s Estimated Full Value of Real Property in Cook County:...
05.18.18
Governing
This article briefly summarizes the ongoing financial struggles in the City of...
05.23.18
Chicago Magazine
This article discusses Civic Federation recommendations from the FY2019 State of Illinois Budget Roadmap to...
Tweets by @CivicFederation
Given the uncertainties inherent in actuarial projections, budget officials who are relying on pension buyout savin… https://t.co/2zSKFQ372h
It is imperative that CPS come up with a multi-year plan to end the short-term borrowing cycle and rebuild reserves… https://t.co/0zFKotqTsV
Blog looks at the actuarial reviews on which Illinois legislators based the estimated $382 million in savings from… https://t.co/XFZ8hJXcQ8