Civic Federation Issues

Fund Balance

Cook County FY2019 Executive Budget Recommendation: Analysis and Recommendations

10.26.18

The Civic Federation supports Cook...

Indicators of Financial Condition: A Comparison of the City of Chicago to 12 Other U.S. Cities from FY2007 to FY2011

11.08.13

This report uses nine indicators of financial condition to measure the relative financial performance of Chicago and 12 other major U.S. cities from FY2007 to FY2011. In addition to Chicago, the...

City Colleges of Chicago FY2014 Tentative Budget: Analysis and Recommendations

07.09.13

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....

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Blog Posts

Cook County Unrestricted General Fund Balance at $869.1 million in FY2021

10.28.22

Fund balance is a term used to describe the net assets of a governmental fund and serves as a measure of budgetary reserves. [1] In FY2021, the last year for which audited financial information is available, Cook County’s total unrestricted general...

Funding Status of the Chicago Teachers’ Pension Fund

07.29.22

This blog post examines the Chicago Public Schools’ contributions to the Chicago Teachers’ Pension Fund in the FY2023 budget and the funding status of the Pension Fund based on financial health indicators. Additional descriptive...