(CHICAGO) The Federation supports the Forest Preserve District of Cook County proposed FY2010 budget of $198.2 million. The District plans to reduce its property tax levy and the burden it imposes on property taxpayers by $1.1 million. The…
Tax revenues that states depend on to fund operations continue to decrease, dropping at least $119.7 billion nationwide in the most recent fiscal quarter. A study released by the…
Taxpayers should get what they pay for, and pay for what they get—that is the core notion behind intergenerational equity in government. When governments live within their means, balancing revenues and expenditures without hoarding excess…
This article about a report on the States in the worst fiscal condition by the Pew Center on the States quotes the Civic Federation in its profile of Illinois’…
This news segment examines Governor Quinn’s deal with the Chicago Transit Authority that will avert a fare increase through increased borrowing. Civic Federation President Laurence Msall says the deal may be a bad one in the long run,…
This article describes the politics surrounding a vote by the Cook County Board of Commissioners to reduce the county sales tax by a half-cent. It cites the Civic Federation’s analysis of the County’s proposed FY2009 budget.
This article discusses the Civic Federation’s analysis of the City of Chicago’s FY2010 proposed budget. The Federation opposed the budget because off its reliance on reserve funds to make up a fiscal shortfall.
This article mentions a recent City budget hearing at which the Civic Federation presented its analysis of the City of Chicago FY2010 proposed budget.
In FY2010 the City of Chicago proposes to close a majority of its FY2010 $520 million budget deficit with proceeds it received from the long-term leases of its parking meters and the Chicago Skyway. This begs the question: how has the…
