Pensions

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Governor's Pension Commission: Pension Reform Report and Recommendations

Civic Federation President Laurence Msall is a member of the Governor's Pension Commission and supported this report. The Report recommends changes to pension plan provisions and pension funding practices to address the underfunding of…

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Civic Federation 2005 Legislative Priorities

The Civic Federation's legislative priorities for 2005 include the Suburban Cook County Tuberculosis Sanitarium District, property tax exemptions and assessment reform, public employee pensions, the Regional Transportation Authority Act,…

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Forest Preserve District of Cook County FY2005 Proposed Budget: Analysis and Recommendations

The Civic Federation opposed the Forest Preserve District’s FY2005 Budget because the District has failed to meet minimum standards for disclosure and accountability in its budget process and has implemented a 13.6% property tax increase…

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Cook County FY2005 Proposed Budget: Analysis and Recommendations

The Civic Federation opposed the County’s $3.04 billion FY2005 budget because it does not reduce operational expenditures or implement increased efficiencies and it is balanced by means of two new and unnecessary revenue enhancements: a 2…

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Metropolitan Water Reclamation District FY2005 Tentative Budget: Analysis and Recommendations

The Civic Federation supported the MWRD's FY2005 Budget because it levied well below the maximum allowable property tax increase, and because it continues to reduce personnel. The Federation recommended continued restraint in levy…

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Chicago Park District FY2005 Proposed Budget: Analysis and Recommendations

The Civic Federation supported the Chicago Park District's FY2005 Budget because the District levied well below the maximum allowable property tax increase, and because it continued to reduce full-time personnel. The Federation is…

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City of Chicago FY2005 Proposed Budget: Analysis and Recommendations

The Civic Federation supported the City's holding the property tax levy constant for the second year in a row and cutting positions, but was concerned that further measures to control personnel expenditures should be taken and was…

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Chicago Transit Authority FY2005 Proposed Budget: Analysis and Recommendations

The Civic Federation supported increased public funding for the CTA, Metra, and Pace, but opposed the massive service cuts proposed in the CTA's "Gridlock" Budget scenario. The Federation called for fare increases and other measures in…

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City Colleges of Chicago FY2005 Program Budget: Analysis and Recommendations

The Civic Federation opposed the City Colleges proposed FY2005 budget because it significantly increased both spending and revenues with little effort to control costs. The budget increased spending by 9% over FY2004, raised tuition by $10…

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Chicago Public Schools FY2005 Recommended Budget: Analysis and Recommendations

The Civic Federation was pleased with some elements of the $5.05 billion CPS budget, but also identified several areas of concern and opposed the $50 million maximum allowable increase in the property tax levy.