Chicago and Cook County residents who followed the pension debate at the State of Illinois might be surprised by the fact that proposals for pension reform for the City of Chicago and Cook County and pension reform legislation enacted for the Chicago Park District all require increases to employer contributions. This is in direct contrast to an Illinois process that focused on evaluating how much various proposals would save the State in contributions immediately and over time. Why won’t the…
The consolidation and dissolution of local units of government has been the subject of much discussion recently in Illinois. The purpose of this blog post is to briefly summarize a recent report released by the Illinois Local Government Consolidation Commission and other relevant legislation aimed at improving the efficiency and effectiveness of government operations by streamlining the procedures for annexing, consolidating and dissolving units of local government in Illinois. The Local…
In 2013 President Preckwinkle formed a blue-ribbon commission of local leaders to develop the Next Century Conservation Plan to help provide vision and guidance to the Forest Preserve District of Cook County (FPDCC) for the next 25 years. In January 2014, the commission presented the plan to President Preckwinkle and shortly after it was accepted by the Cook County Forest Preserve District Board of Commissioners. The plan develops a series of strategies and action plans to achieve…
As a follow-up to the Capital Planning Overview, this blog post summarizes information contained in the Civic Federation’s FY2014 budget analyses to compare how well the capital improvement plans (CIPs) of six major Chicago area governments conform to best practice guidelines. The governments are the City of Chicago, the Chicago Transit Authority (CTA), Cook County, the Cook County Forest Preserve District, the Chicago Park District and the Metropolitan Water Reclamation District (MWRD).…
The following posts were among the most highly read on the Civic Federation blog in 2013 and represent some of the most closely followed local government issues this year: City Council’s Proposed Independent Budget Office, A Civic Federation Recommendation January 2, 2013 This blog details a proposal introduced in the Chicago City Council on December 12, 2012 to create an Office of Independent Budget Analysis responsible for vetting all financial legislation before the Council. The Civic…
Last week the Civic Federation marked the end of the FY2014 budget season with a blog that summarized the proposed budgets for the eight local governments the Federation monitors. These governments include the City Colleges of Chicago, Chicago Public Schools (CPS), the City of Chicago, Cook County, the Chicago Transit Authority (CTA), the Forest Preserve District of Cook County, the Metropolitan Water Reclamation District of Greater Chicago (MWRD) and the Chicago Park District. This blog…
Last week marked the end of the FY2014 budget season for the eight local governments monitored by the Civic Federation. These governments are the City Colleges of Chicago, Chicago Public Schools (CPS), the City of Chicago, Cook County, the Chicago Transit Authority (CTA), the Forest Preserve District of Cook County, the Metropolitan Water Reclamation District of Greater Chicago (MWRD) and the Chicago Park District. Property Taxes Two of the seven governments that levy property taxes…
The Civic Federation supports the Metropolitan Water Reclamation District’s tentative budget of $1.2 billion for its responsible pension practices and transparent long-term planning. The District is prudently basing its pension contribution this year on the actuarial needs of the fund, rather than blindly following statutory requirements. The District’s responsible pension fund stewardship is guided by its continued reliance on publicly-available long-term financial plans. The District also…
In 2011, as part of its FY2012 budgeting process, the Metropolitan Water Reclamation District (MWRD) Retirement Board proposed legislative initiatives for pension funding reform, with the support of the MWRD Board of Commissioners.[1] In its FY2012 budget analysis, the Civic Federation supported the MWRD’s initiative to seek pension funding reforms. The legislation increases the contributions to the pension fund for Tier 1 employees hired before January 1, 2011 and the employer contribution…
The Civic Federation supports the $425.6 million Chicago Park District budget for continuing the District’s multi-year effort to reduce its structural deficit. The proposal includes a broad-based property tax increase after eight years of relatively flat levies for the District. It also leaves the District well-positioned to implement the comprehensive pension reforms passed by the Illinois General Assembly in November 2013 that are now awaiting the Governor’s review. The District's pension…