State warned on more borrowing to fund pensions
This article about the State of Illinois’ possible plans to borrow to make its required pension contribution cites a Civic Federation blog post “…
This article about the State of Illinois’ possible plans to borrow to make its required pension contribution cites a Civic Federation blog post “…
In this article about the City of Chicago’s FY2011 budget, the Civic Federation says the City’s short-sighted budgeting has had a major effect on the City’s costs of borrowing.
The Civic Federation’s Cost of the Crisis report is cited in this article about the State of Illinois’ plan to issue bonds backed by Illinois’ share of the 1998 tobacco settlement.
This article discusses a proposal by the family that owns the Chicago Cubs to have the State of Illinois borrow $300 million in a bond deal to make improvements to Wrigley Field. The Civic Federation says that such a deal should be…
The Civic Federation's legislative priorities for 2011 include public pension reform, requiring state government to develop and implement a capital improvement plan, the dissolving of the Illinois International Port District, creating a…
When the General Assembly reconvenes next week for its annual veto session, it is expected to continue deliberating whether to borrow in FY2011 to make its required pension payment. If approved, the borrowing plan would lighten the load on…
Last week the Civic Federation described the City of Chicago’s structural deficit in our budget analysis…
This article discusses findings in the Civic Federation’s analysis of DuPage County’s FY2011 proposed budget.
In this news segment, Civic Federation President Laurence Msall explains why the Civic Federation opposes the City of Chicago’s FY2011 budget. Mr. Msall explains that the City needs major pension fund reforms and must not rely on one-time…
This article discusses recommendations in the Civic Federation’s “Cook County Modernization Report.”