This report compares effective property tax rates in selected communities around metropolitan Chicago and finds that while all communities’ effective tax rates increased in 2008, rates have mostly declined since 1999. The report also finds…
On August 5, the Civic Federation released its analysis of the FY2011 City Colleges Tentative Annual Operating…
Illinois Governor Pat Quinn recently announced his plans for $500 million in mass transit infrastructure improvements across the State. $…
The Civic Federation supports the City Colleges FY2011 proposed budget totaling $581.9 million, which includes $454.4 million for the operating budget and $127.5 million for capital improvements. The City Colleges is proposing to reduce…
On June 17, 2010 the Metropolitan Water Reclamation District held a…
Last week the Metropolitan Water Reclamation District Board of Commissioners held a public…
Last week the Illinois General Assembly adjourned for the summer. The House and the Senate sent numerous bills to Illinois Governor Pat Quinn to either sign or veto. One such bill is Senate Bill 580, which would restructure the existing…
All ten Chicago-area local government pension funds analyzed annually by the Civic Federation had negative investment returns in fiscal year 2008 for a total investment…
The total unfunded liabilities of the ten major Chicago-area public pension funds reached $18.5 billion in fiscal year 2008. That is an increase…
