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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.

Tweets 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...

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,...

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Tweets 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
The Civic Federation
Blog looks at the actuarial reviews on which Illinois legislators based the estimated $382 million in savings from… https://t.co/XFZ8hJXcQ8