City of Chicago

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How Does the City of Chicago Spend Your Tax Dollars?

Did you ever wonder how your property tax dollars are spent by the City of Chicago? How many people work for the Department of Streets and Sanitation? How much those employees are paid? What kinds of taxes and fees the City levies and how…

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Civic Federation Presents 2016 Olympic Bid Review Findings to Chicago City Council Finance Committee

The Civic Federation and our consultant L.E.K. Consulting testified yesterday before the Finance Committee of the Chicago City Council about our review of the…

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Narrative Summary of the Chicago 2016 Olympic Bid Review

The Civic Federation and L.E.K. Consulting's review of the Chicago 2016 Olympic Bid has determined that the operating budget provides adequate protection for taxpayers, but the development of the Olympic Village exposes the City of Chicago…

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What has Chicago done with the Billions of Dollars in Long Term Asset Lease Proceeds?

Since 2004, the City of Chicago has transacted three major long term asset leases worth over $3.5 billion. The Chicago Skyway (2004) – A 99-year lease with Cintra-Macquarie with a transaction value of $1.83 billion. Downtown…

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Where Do Your Property Tax Dollars Go?

Police, parks, streets, schools, community colleges, public hospitals, elections, courts, jails, mosquito abatement, sewage treatment…these are just a few of the services that, in Illinois, are provided by many different local governments…

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Civic Federation to Review Chicago 2016 Olympic Bid

On June 30, 2009 the Chicago City Council passed a resolution asking the Civic Federation to conduct a review of the financial projections made by…

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Status of Local Pension Funding Fiscal Year 2007: An Evaluation of Ten Local Government Employee Pension Funds in Cook County

This report provides a trend analysis of indicators that measure the financial health and performance of ten major local government pension funds from 1998 to 2007, the most recent year for which audited data are available. It finds that…

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Recommendations to Reform Public Pension Boards of Trustees in Illinois

This report reviews best practices in the composition of public pension boards of trustees nationwide, and makes recommendations on improvements to pension boards in Illinois.

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Civic Federation 2009 Legislative Priorities

The Civic Federation's legislative priorities for 2009 include public pension reform, the dissolving of the Illinois International Port District, creating a new governing board for the Cook County Forest Preserve District, requiring all…

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City of Chicago FY2009 Proposed Budget: Analysis and Recommendations

The Civic Federation supports the FY2009 City of Chicago budget of $5.97 billion because it does not rely on raising property tax and begins the painful yet necessary step of reducing payroll by 2,618 full-time equivalent positions to…