Forest Preserve District of Cook County FY2017 Executive Budget Recommendation: Analysis and Recommendations
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The Civic Federation supports the Forest Preserve District of Cook County’s proposed $190.3 million budget. The proposed plan is reasonable and balanced, does not use fund balance reserves for operations and holds the property tax levy…
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The Civic Federation supports the Forest Preserve District of Cook County’s FY2015 proposed $187.4 million budget for holding the property tax levy relatively flat and minimizing the use of one-time resources. This balanced budget is very…
Chicago-area public employee pension funding levels continued to decline in FY2012, with total unfunded liabilities for the ten funds analyzed rising to $37.2 billion from $32.0 billion in FY2011. On average, the ten funds analyzed had an…
The most basic question about a pension fund is whether its assets are sufficient to cover total liabilities incurred. In this blog post, we examine the aggregate pension liabilities and Other Post…