On his blog, Greg Hinz writes about the Civic Federation’s hiring of L.E.K. Consulting, a British-based research and consulting firm, to conduct an independent assessment of the 2016 Chicago Olympic bid.
In order to make its capital selection process more transparent in FY2009, the Chicago Transit Authority (CTA) has revised the way in which is selects and prioritizes capital projects. CTA’s revised capital selection process includes…
The Civic Federation supports the $492.1 million City Colleges of Chicago FY2010 budget because it is a prudent spending plan that both holds the District’s property tax levy flat over the next two years and compensates for…
The Chicago City Council recently passed a resolution requesting that the Chicago 2016 Olympic bid’s finances undergo analysis by the Civic Federation. The resolution is a response to Mayor Daley’s announcement that he would sign an…
The Civic Federation's legislative priorities for 2009 include public pension reform, the dissolving of the Illinois International Port District, creating a new governing board for the Cook County Forest Preserve District, requiring all…
The Civic Federation opposes the Cook County FY2009 proposed budget because it is built on an unstable foundation of $364.0 million in borrowed funds to pay for operating expenses less than a year after the County raised its sales tax by…
The Civic Federation supports the MWRD's FY2009 Budget because it minimizes the burden on taxpayers and demonstrates reasonable financial planning. The Civic Federation recommends that the District pursue numerous pension reforms in order…
The Civic Federation supports Illinois Treasurer Alexi Giannoulias' proposal to merge the investment functions of all five state-funded pension systems into a single fund managed by a new Illinois Public Employees' Retirement System (…
The Civic Federation supports the FY2009 City of Chicago budget of $5.97 billion because it does not rely on raising property tax and begins the painful yet necessary step of reducing payroll by 2,618 full-time equivalent positions to…
The Civic Federation supports the Chicago Park District’s FY2009 budget because it is a fiscally responsible plan and demonstrates a commendable emphasis on cost containment and avoids a property tax increase for the fifth consecutive year…
