Other Governments

.

DuPage County Proposed FY2012 Budget: Analysis and Recommendations

The Civic Federation supports the DuPage County Proposed FY2012 Financial Plan of $434.7 million. The County is reducing expenditures for the third year in a row while pledging to maintain the existing level of service and keep the…

.

2010 Cook County Property Tax Rates Are Out

Cook County Clerk David Orr’s office today released the 2010 Cook County Tax Rates Report. The report lists property tax rates for…

.

Updated Report Explains Effect of TIF on Cook County Local Governments

Today the Civic Federation published an update to its primer The Cook County Property Tax Extension Process: A Primer on Levies…

.

Volatile PPRT Revenue Should Not Be Relied on for Local Government Operating Budgets

  Illinois’ Personal Property Replacement Tax (PPRT) is a revenue source for local governments that was created by the General Assembly…

.

City Colleges of Chicago FY2012 Tentative Budget: Analysis and Recommendations

  The Civic Federation supports the City Colleges FY2012 tentative budget totaling $651.5 million, an increase of $69.6 million, or 12.0%, over the adopted FY2011 budget. Unrestricted operating funds, the portion of the budget over…

.

Gun Club Vote Illustrates FPDCC Board Conflict

UPDATE: The proposal to allow the Blue Park Gun Club the use of Forest Preserve District property for its operations was withdrawn…

.

Fund Balance Policies of Chicago Area Governments

As explained previously in this blog a key indicator the Civic Federation uses to assess the financial health of local governments is the level of unreserved…

.

Chicago Park District Pension Fund Expected to Run Out of Money in 14 Years

An actuarial projection of the future solvency of the Chicago Park District’s pension fund has estimated that the fund will exhaust its assets in the year 2025.…

.

Savings Accounts of Chicago Area Governments

The Civic Federation analyzes the budgets of nine Chicago area local governments. One important indicator that the Federation utilizes to assess the financial health of these municipalities is their fund balance level. In particular, we…

.

Cook County Modernization 100-Day Accountability Report

The Civic Federation’s Cook County Modernization 100-Day Accountability Report continues the work of our Cook County Modernization Project. This report includes detailed information on the status of all 36 recommendations from the Civic…