Government Budgets

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IIFS Blog Continues to be at Forefront of Illinois Fiscal Developments

Throughout this year’s Illinois budget negotiations, the IIFS blog was a valuable source of information and focus in the State’s murky and complex budget process. This year’s negotiations included a groundbreaking effort to address the…

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What’s Next for Local Governments in 2013?

A look back at the Civic Federation’s blog this year provides a preview of upcoming fiscal challenges for local governments in 2013. Pension Funding The most urgent fiscal challenge for Illinois governments continues to be the pension…

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Civic Federation applauds MWRD’s 2013 budget

This article covers the release of the Civic Federation’s Metropolitan Water Reclamation District FY2013 Tentative Budget: Analysis and Recommendations. The Federation supports the budget for continuing a…

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Civic Federation Recommendations for the Chicago-area Local Governments

Last week the Civic Federation marked the end of the FY2013 budget season with a blog that summarized the proposed budgets for the nine local governments the Federation…

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Illinois really big fiscal crisis: infrastructure expenses

This article discusses the Civic Federation’s State of Illinois Infrastructure report, which found that State and local governments could need to invest more than $300 billion…

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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,…

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FY2013 Budget Season Summary

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…

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Metropolitan Water Reclamation District FY2013 Tentative Budget: Analysis and Recommendations

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…

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MWRD FY2013 Budget Continues Comprehensive Effort to Control Personnel Costs

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…

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Chicago Transit Authority President's Proposed FY2013 Operating Budget: Analysis and Recommendations

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…