Chicago Park District

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Civic Federation Provides Extensive Online Commentary and Analysis

In 2010 the Civic Federation blog provided comprehensive information about government and fiscal issues across Illinois for the public, government officials and media. In a range of posts on topics from the…

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The Chicago Parking Garage Leases

 Although it does not receive as much attention as the Skyway and the metered parking system leases, the downtown public parking system lease was also…

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Chicago Park District FY2011 Budget: Analysis and Recommendations

The Civic Federation supports the Chicago Park District’s FY2011 proposed operating budget of $397.6 million. The District is proposing to hold the property tax levy flat and maintain expenditures at close to FY2010 levels by using…

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Future Effects of P.A. 96-0889 on Chicago Park District Pension System

   The Civic Federation released today its analysis of the Chicago Park District’s proposed FY2011…

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Civic Federation 2011 Legislative Priorities

The Civic Federation's legislative priorities for 2011 include public pension reform, requiring state government to develop and implement a capital improvement plan, the dissolving of the Illinois International Port District, creating a…

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Local Pension Investment Returns—Is the Risk Worth the Reward?

All ten Chicago-area local government pension funds analyzed annually by the Civic Federation had negative investment returns in fiscal year 2008 for a total investment…

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Local Pension Unfunded Liabilities Hit $18.5 Billion

The total unfunded liabilities of the ten major Chicago-area public pension funds reached $18.5 billion in fiscal year 2008. That is an increase…

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How Healthy are Chicago-area Public Pension Funds? A Look at Funded Ratios

As reported in the Civic Federation’s latest report on ten local government pension funds, the most recent audited financial statements of the…

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Status of Local Pension Funding Fiscal Year 2008: An Evaluation of Ten Local Government Employee Pension Funds in Cook County

This report analyzes basic financial data on ten major local government employee pension funds in Cook County. It is intended to provide lawmakers, pension trustees, pension fund members and taxpayers with the information they need to…

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Civic Federation Blog Provides Rapid Response Analysis

The redesign of the Civic Federation website in July has provided the public, government officials, and the media better access to the Federation’s analyses of government services in Illinois. The regularly-updated Civic Federation blog…