Federal Fiscal Cliff Could Have a Major Impact on State Revenues
If the U.S. Congress is unable to agree to an alternative to the automatic $491 billion in combined tax increases and spending cuts set to take place in January 2013,…
If the U.S. Congress is unable to agree to an alternative to the automatic $491 billion in combined tax increases and spending cuts set to take place in January 2013,…
Last week marked the end of the budget season for the nine local governments monitored by the Civic Federation. These governments include: the City Colleges of Chicago, Chicago Public Schools (CPS), DuPage County, City of Chicago, Cook…
The Civic Federation supports the Metropolitan Water Reclamation District’s proposed budget of $1.1 billion which continues a comprehensive effort to control rising personnel costs. The budget holds the tax-capped portion of the District’s…
District’s initiative in developing and promoting a framework for pension reform is a model for local governments In an analysis released today, the Civic Federation supports the Metropolitan Water Reclamation District’s (MWRD) FY2013…
The Civic Federation strongly supports the Chicago Transit Authority’s proposed FY2013 budget of $1.4 billion as a structurally balanced plan based on shared sacrifice by union members, riders and CTA management. The budget implements…
Structurally balanced plan based on shared sacrifice by union members, riders and CTA management In an analysis released today, the Civic Federation strongly supports the Chicago Transit Authority’s (CTA) proposed FY2013 operating budget…
Civic Federation cautions use of one-time revenues could undermine deficit reduction efforts In a report released today, the Civic Federation announced its support for the Chicago Park District’s proposed FY2013 budget of $410.9 million…
The Civic Federation supports the $410.9 million FY2013 Chicago Park District budget for limiting spending increases and continuing the District’s effort to eliminate its structural deficit by FY2015. By utilizing prudent alternatives to…
The Institute for Illinois’ Fiscal Sustainability released a new report today that provides an overview of the condition and funding of Illinois infrastructure. As discussed in…
This report provides an overview of the condition and funding of Illinois infrastructure based on a compilation of various needs assessments from public agencies that manage infrastructure in the State including the Illinois State Toll…