City of Chicago

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Current Ratio in Large Cities

This blog continues the Civic Federation’s examination of indicators that can be used to assess the financial health of local governments. The Federation is working on a project comparing the City of Chicago with a group of thirteen large…

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Mayor Emanuel Proposes Significant Pension Reform

On Tuesday, May 8, 2012, Mayor Rahm Emanuel offered a plan to reform pensions for employees of the City of Chicago, Chicago Public Schools and Chicago Park District during a hearing of the Illinois House of Representatives Personnel and…

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$520 Million Capital Plan for the City Colleges of Chicago

On December 12, 2011, Mayor Rahm Emanuel announced the College to Careers initiative for the City Colleges of Chicago. The new initiative addresses the need to fill an estimated approximately 100,000 jobs that are expected to be available…

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Op-ed: Mayor Emanuel Showing Progress in Stabilizing City Finances

The following opinion piece by Civic Federation President Laurence Msall appeared in the May 1, 2012 edition of Crain’s Chicago Business. Mayor Emanuel’s first full look at the City’s finances likely made him ask why he wanted to be mayor…

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Chicago City Council Approves Infrastructure Trust

On April 24, 2012, the City Council passed an ordinance…

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Cook County Announces New Alternative Service Delivery Initiatives

Last week, Cook County Board President Toni Preckwinkle announced two alternative service delivery initiatives:…

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Debt Service Expenditure Ratio in Large Cities

This blog continues the Civic Federation’s examination of indicators that can be used to assess the financial health of local governments. The Federation is working on a project that compares the City of Chicago with a group of thirteen…

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Public-Private Partnership Conference Looks to the Future of Government Service Delivery

On Wednesday, March 14, the Civic Federation co-hosted a conference on public-private partnerships (also known as “P3s”) with the Federal Reserve Bank of Chicago. Nearly 150 business, civic and government leaders convened to hear experts…

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Operating Deficit Ratio in Large Cities

This blog continues the Civic Federation’s examination of indicators that can be used to assess the financial health of local governments. The Federation is working on a project that compares the City of Chicago with a group of thirteen…

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Selected Consumer Taxes in the City of Chicago

This brief provides an updated compilation of selected consumer taxes, including rates and descriptions, in effect in the City of Chicago on February 2, 2012. It includes such taxes as the sales tax, gas tax, amusement tax, lease tax,…