City of Chicago Pension Health Continues to Decline
The pension crisis at the City of Chicago is severe. As described here, the City faces two distinct pension crises: two of its four…
On Wednesday October 12th, Mayor Emanuel will release his first budget recommendations for the City of Chicago. With a reported FY2012 budget gap of $635.7 million to close in the Corporate Fund, the proposed budget is likely to address…
Cook County Clerk David Orr’s office today released the 2010 Cook County Tax Rates Report. The report lists property tax rates for…
Today the Civic Federation published an update to its primer The Cook County Property Tax Extension Process: A Primer on Levies…
The June 2011 edition of Government Finance Review features “The Chicago Experience: a P3 Checklist,” co-authored by Civic Federation President Laurence Msall and…
After two consecutive years of losses, the State of Illinois is reporting moderate growth in sales tax revenue for FY2011, which ended on June 30, 2011. Not only did sales tax revenue collected by the State grow but it also beat the…
In the Civic Federation’s “Recommendations for a Financially Sustainable City of Chicago” report issued last week, the Federation discussed the importance of a government…
The purpose of this report is to provide the City of Chicago’s Mayor and City Council with detailed recommendations on ways to address the City’s serious financial challenges and create a government that is more efficient, less costly and…
The purpose of this report is to provide the City of Chicago’s Mayor and City Council with detailed recommendations on ways to address the City’s serious financial challenges.…
Alternative service delivery refers to any process that shifts some or all of the functions, risks or responsibilities for delivering a service from the primary government to the private sector or another public entity. When the function…