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…
On April 24, 2012, the City Council passed an ordinance…
Last week, Cook County Board President Toni Preckwinkle announced two alternative service delivery initiatives:…
This blog continues the Civic Federation’s examination of indicators that can be used to assess the financial health of local governments. The Federation is working on a project that compares the City of Chicago with a group of thirteen…
On Wednesday, March 14, the Civic Federation co-hosted a conference on public-private partnerships (also known as “P3s”) with the Federal Reserve Bank of Chicago. Nearly 150 business, civic and government leaders convened to hear experts…
This blog continues the Civic Federation’s examination of indicators that can be used to assess the financial health of local governments. The Federation is working on a project that compares the City of Chicago with a group of thirteen…
This brief provides an updated compilation of selected consumer taxes, including rates and descriptions, in effect in the City of Chicago on February 2, 2012. It includes such taxes as the sales tax, gas tax, amusement tax, lease tax,…
Data from the most recent audited financial statements of Illinois’ state and local government pension funds shows that the total unfunded liabilities for public employee pensions supported by the taxes of Chicago residents reached $14,…
Chicago residents will experience changes in a number of consumer taxes going into effect throughout 2012 as a result of policy changes at the City and County levels. The new consumer tax rates are presented in the exhibit below. Following…