The Chicago Park District recently proposed its FY2010 operating budget, totaling $391.9 million. The District is decreasing its operating expenditures by 0.3% from the FY2009 budget, which is one of the reasons the Federation offered its…
The Civic Federation offers qualified support for the FY2010 Chicago Park District’s proposed operating budget of $391.9 million. The District is proposing a responsible budget that reduces expenditures and holds the property tax levy…
This report analyzes the public funding for 12 major cultural institutions in Cook County that receive property tax-based funding from the Chicago Park District or the Forest Preserve District of Cook County. It makes recommendations for…
This report provides a trend analysis of indicators that measure the financial health and performance of ten major local government pension funds from 1998 to 2007, the most recent year for which audited data are available. It finds that…
This report reviews best practices in the composition of public pension boards of trustees nationwide, and makes recommendations on improvements to pension boards in Illinois.
The Civic Federation supports the Chicago Park District’s FY2009 budget because it is a fiscally responsible plan and demonstrates a commendable emphasis on cost containment and avoids a property tax increase for the fifth consecutive year…
This report calls for the dissolution of the Illinois International Port District and the transfer of its operations to the City of Chicago. It finds that the District has shifted its primary focus from port operations to the management of…
This report provides a trend analysis of indicators that measure the financial health and performance of ten major local government pension funds from 1997 to 2006. It finds a combined 18.3 billion dollars in unfunded liabilities for the…
The Civic Federation supported the Chicago Park District's FY2008 Budget because the District did not raise its property tax levy this year, and has continued to hold down operating costs through a combination of careful management…
This report provides a trend analysis of indicators that measure the financial health and performance of ten major local government pension funds from 1997 to 2005. It finds a combined 16.5 billion dollars in unfunded liabilities for the…
