The Civic Federation supported the Chicago Park District's FY2007 Budget because the District did not raise its property tax levy this year, and has held down operating costs through a combination of careful management practices,…
This issue brief describes various forms of privatization available to the public sector, including asset sales, contracting out of management, corporatization, internal markets, intergovernmental contracts, managed competition, and…
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 2004. It finds a combined $14.4 billion in unfunded liabilities for the ten…
This issue brief provides a "plain English" description of how GASB 43 and 45 will require government financial reporting on non-pension post-employment benefits (OPEB). It is illustrated with preliminary estimates of unfunded OPEB…
The Civic Federation supported the Chicago Park District's FY2006 Budget because the District did not raise its property tax levy this year, and continues to control personnel costs by cutting positions and restructuring its healthcare…
This report provides a trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1998 to 2003. It finds a combined $9.7 billion in unfunded liabilities for the nine funds.
The Civic Federation supported the Chicago Park District's FY2005 Budget because the District levied well below the maximum allowable property tax increase, and because it continued to reduce full-time personnel. The Federation is…
This issue brief provides a "plain English" description of how GASB 34 has increased transparency in government financial reporting. It is illustrated with examples from the City of Chicago's FY2002 CAFR, as well as State of Illinois and…
This report provides a 6-year trend analysis of indicators that measure the financial health and performance of 9 major local government pension funds from 1997 to 2002.
This report presents a macro-level overview of expenditure, revenue, debt and personnel trends of 1,043 governments in Cook, Lake, DuPage, Kane, McHenry, and Will Counties. It includes FY1997 and FY2000 comparative information for…
