The Cook County pension fund actuarial value funded ratio has fallen from 88.9% to 60.7% over ten years. The unfunded accrued actuarial liabilities have reached $5.2 billion or $993 per Cook County resident. While the County’s pension fund…
Cook County’s fiscal year begins on December 1 and ends on November 30. The Civic Federation believes that all governments should adopt a budget at least one month in advance of the start of the fiscal year. For the County, that would be a…
Cook County Clerk David Orr’s office today released the 2010 Cook County Tax Rates Report. The report lists property tax rates for…
Today the Civic Federation published an update to its primer The Cook County Property Tax Extension Process: A Primer on Levies…
New rulings by the Illinois Department of Revenue have reignited a debate over whether the State’s non-profit hospitals provide adequate charity care to patients in exchange for their property-tax exemptions. On August 16, 2011 the…
This report provides estimates of the total market value of real property in Cook County from 2000-2009 and shows how property value is spread among the City of Chicago, the northern and the southern suburbs. The full market value of real…
A recent mid-year report issued by Cook County provides more details on…
The Illinois Department of Revenue announced today that the final equalization factor for the Cook County 2010 property assessment year (taxes payable in 2011) is…
In many of its past reports, the Civic Federation has recommended that local governments integrate performance management into their budgeting process and make that information public. In the…
Since Cook County passed its FY2011 budget in February 2011, it has been evident that the County’s public health system would face major hurdles…
