10.05.18
UPDATE: The State Universities Retirement System (SURS) does not expect to be ready to fully implement pension buyout plans for its members during FY2019, according to documents provided to the Civic Federation. SURS attributed the delay to complex benefit provisions, limited staffing and poor...
10.03.18
Consumers of liquid nicotine in the City of Chicago will now pay more for liquid nicotine following the passage of Ordinance...
09.13.18
Illinois’ backlog of unpaid bills stood at nearly $7.4 billion as of September 13,...
08.31.18
With governments in Illinois facing steep increases in yearly pension contributions, new plans are being floated to borrow billions of dollars to stabilize ailing pension funds and relieve budgetary pressures.
The...
08.10.18
The City of Chicago released its 2017 Comprehensive Annual Financial Report (CAFR) earlier this summer. This blog will examine the City’s Corporate Fund (i.e. General Fund) fund balance as a percent of general operating expenditures based on audited data from the City’s most recent CAFR. This...
07.24.18
07.05.18
Since Illinois passed its budget for the current fiscal year, many questions have been raised about the...
07.02.18
Click here to read the full report.
The Civic Federation supports the City Colleges of...
06.29.18
Beginning in August 2018, establishments with liquor licenses in unincorporated areas of Cook County will be able to offer video gaming on automated gambling machines based on an ordinance amendment passed by the Cook County Board of Commissioners earlier this month. Video gaming refers to...
06.22.18
Following the enactment of the State of Illinois FY2019 budget on June 4, the Civic Federation blog has analyzed the potential impact on the General Funds and on...
