The Civic Federation supports the City Colleges tentative FY2014 budget totaling $657.0 million for continuing the District’s exemplary work to improve its financial and operational health. The FY2014 proposed budget holds the property tax…
This blog examines some of the long-term obligations of the City of Chicago and its overlapping local governments using a per capita indicator based on bonded debt and unfunded pension liabilities. Rating agencies and other financial…
In this blog, the Civic Federation will explore the City Colleges of Chicago’s fund balance levels as reported in its recently released Comprehensive…
A look back at the Civic Federation’s blog this year provides a preview of upcoming fiscal challenges for local governments in 2013. Pension Funding The most urgent fiscal challenge for Illinois governments continues to be the pension…
The Civic Federation announced its support for the City Colleges of Chicago FY2013 tentative budget on July 12, testifying at a public hearing and releasing its analysis of the proposed $659.…
The Civic Federation supports the City Colleges FY2013 budget totaling $659.5 million because it demonstrates continued fiscal discipline and attention to financial best practices. Unrestricted operating funds, the portion of the budget…
On December 12, 2011, Mayor Rahm Emanuel announced the College to Careers initiative for the City Colleges of Chicago. The new initiative addresses the need to fill an estimated approximately 100,000 jobs that are expected to be available…
In 2011 the Civic Federation blog provided weekly context, information and perspective on government budgets and fiscal issues across Illinois. Posts in 2011 focused on FY2012 local government budget analysis and the severe…
In 2011 the IIFS blog provided weekly context, information and perspective on key fiscal issues in the State of Illinois. Posts in 2011 focused on analysis of FY2012 Illinois budget negotiations, analysis of the ongoing Illinois pension…
