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Civic Federation and Federal Reserve Bank of Chicago to Co-Host March 14 Conference on Public-Private Partnerships

State and local governments across the nation increasingly are using alternative service delivery efforts, known as public-private partnerships (P3s) to provide a wide variety of services, from printing to janitorial services to major…

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Continuing Services Ratio in Large Cities

The Civic Federation is working on a project to examine indicators that can be used to assess the financial health of local governments. Previously, this…

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Unfunded Public Pension Liabilities per Chicagoan: $14,896

Data from the most recent audited financial statements of Illinois’ state and local government pension funds shows that the total unfunded liabilities for public employee pensions supported by the taxes of Chicago residents reached $14,…

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2012 Consumer Tax Changes for Chicago Residents

Chicago residents will experience changes in a number of consumer taxes going into effect throughout 2012 as a result of policy changes at the City and County levels. The new consumer tax rates are presented in the exhibit below. Following…

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Civic Federation Blog Provided Local Government Analysis and Recommendations for Fiscal Sustainability in 2011

 In 2011 the Civic Federation blog provided weekly context, information and perspective on government budgets and fiscal issues across Illinois.  Posts in 2011 focused on FY2012 local government budget analysis and the severe…

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IIFS Blog Provided Timely Analysis of 2011 State of Illinois Fiscal Developments

In 2011 the IIFS blog provided weekly context, information and perspective on key fiscal issues in the State of Illinois. Posts in 2011 focused on analysis of FY2012 Illinois budget negotiations, analysis of the ongoing Illinois pension…

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Local Government Fiscal Year 2012 Budget Analysis Summary, Part II

Last week marked the end of the budget season for the nine local governments monitored by the Civic Federation. These governments include: the City Colleges of Chicago, Chicago Public Schools, DuPage County, City of Chicago, Cook…

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Local Government Fiscal Year 2012 Budget Analysis Summary

This week marks the end of the Civic Federation's fiscal year 2012 local government budget analysis season. The nine local governments monitored by the Civic Federation include: City Colleges of Chicago, Chicago Public Schools, DuPage…

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Cook County and City of Chicago Election Functions Should Be Merged

In its Recommendations for a Financially Sustainable City of Chicago, the Civic Federation recommended that the City’s election function be transferred to Cook County.…

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Civic Federation 2012 Legislative Priorities

The Civic Federation's legislative priorities for 2012 include public pension reform, requiring the State of Illinois to develop and implement a capital improvement plan, dissolving the Illinois International Port District, creating a new…