11.18.10
A new report by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability (IIFS) shows why the State of Illinois is struggling to make its...
11.18.10
A new report by the Civic Federation’s Institute for Illinois’ Fiscal Sustainability (IIFS) shows why the State of Illinois is struggling to make its...
11.18.10
This report examines the State of Illinois’ $53.5 billion operating budget for Fiscal Year 2011, which began on July 1, 2010 and ends on June 30, 2011. The report focuses on the $25.8...
11.17.10
It is with great sorrow that the Civic Federation acknowledges the passing of Lawrence “Larry” N. Hansen, one of the strongest proponents of good government causes in Illinois. Mr. Hansen passed away from cancer on November 15, 2010 at the age of 69.
Larry Hansen’s 50-...
11.11.10
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...
11.11.10
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 the...
11.10.10
Last week the Civic Federation described the City of Chicago’s structural deficit in our budget analysis and a...
11.08.10
Cook County Clerk David Orr’s office today released the 2009 Cook County Tax Rates Report .
The Cook County Treasurer’s office also announced that property tax...
11.05.10
As explained in its recent analysis of the State of Illinois FY2011 proposed budget, the Civic Federation opposes the practice of supplying money to the State’s pension funds through borrowing. Pensions are...
11.05.10
After experiencing several years of poor market conditions, three of the five Illinois State employee retirement funds have reduced their expected rate of return on investments. This rate, also known as the discount rate, is used to calculate the present value of the future obligations...
11.03.10
The Civic Federation opposes the proposed FY2011 City of Chicago budget of nearly $6.2 billion because it does not effectively address the structural deficit and relies too heavily on asset lease...