11.08.13
This report uses nine indicators of financial condition to measure the relative financial performance of Chicago and 12 other major U.S. cities from FY2007 to FY2011. In addition to Chicago, the...
11.08.13
This report uses nine indicators of financial condition to measure the relative financial performance of Chicago and 12 other major U.S. cities from FY2007 to FY2011. In addition to Chicago, the...
11.07.13
The Civic Federation supports the Forest Preserve District of Cook County’s FY2014 proposed $178.8 million budget that holds the property tax levy flat and maintains substantial reserve...
10.28.13
The Civic Federation supports Cook County’s proposed FY2014 operating budget of $3.2 billion for holding the property tax levy relatively flat, reducing expenditures and aggressively...
10.11.13
As part of its ongoing analysis of State and local government budgets, the Civic Federation also reviews proposed capital budgets along with any planning documents provided in support of infrastructure investments.
Although many governments approve new and reappropriated capital spending...
10.03.13
Over the next few weeks, many Chicago-area local governments will be releasing their proposed budgets for fiscal year 2014. In preparation for the upcoming budget releases, this blog will recap the Civic Federation’s significant observations from our analyses of local governments’...
09.18.13
The Civic Federation released its analysis of the FY2010 DuPage County budget yesterday. In it the Federation announced its support for the County’s proposed financial plan due in large part to the County’s ability to maintain operation of its core programs while reducing its property tax levy...
09.06.13
Last week the Civic Federation blog featured an analysis of long-term obligations for six selected municipalities in Illinois and their overlapping governments using a per capita indicator based...
08.28.13
The blogs for this week and next week will examine the long-term obligations of six selected municipalities in Illinois and their overlapping local governments using per capita indicators based on unfunded pension liabilities and bonded debt. The overlapping pensions per capita and the...
08.22.13
The Civic Federation does not support the Chicago Public Schools (CPS) proposed $6.6 billion operating budget for FY2014, which completely draws down unrestricted reserve funds and uses some...
08.22.13
UPDATE:
On August 23, 2013, the preliminary FY2014 budget of the Cook County Health and Hospitals System was unanimously approved by the Health System's Board of Directors. The Cook County Board is expected to vote on the plan in October. The Health...