Cloudy Mid-Year Financials for MWRD May Mean Choppy Waters Ahead
Last week the Metropolitan Water Reclamation District Board of Commissioners held a public…
Last week the Metropolitan Water Reclamation District Board of Commissioners held a public…
Last week the Illinois General Assembly adjourned for the summer. The House and the Senate sent numerous bills to Illinois Governor Pat Quinn to either sign or veto. One such bill is Senate Bill 580, which would restructure the existing…
All ten Chicago-area local government pension funds analyzed annually by the Civic Federation had negative investment returns in fiscal year 2008 for a total investment…
The total unfunded liabilities of the ten major Chicago-area public pension funds reached $18.5 billion in fiscal year 2008. That is an increase…
As reported in the Civic Federation’s latest report on ten local government pension funds, the most recent audited financial statements of the…
This report analyzes basic financial data on ten major local government employee pension funds in Cook County. It is intended to provide lawmakers, pension trustees, pension fund members and taxpayers with the information they need to…
The Civic Federation and the Friends of the Forest Preserves believe that the current governance structure of the Forest Preserve District of Cook County…
One of the Chicago Transit Authority’s ongoing fiscal challenges has been balancing the cost of providing rides on the CTA with the fares the Authority collects from its customers. CTA Board Chairman Terry Peterson announced at the…
The Civic Federation and Friends of the Forest Preserves support the creation of a separate elected Board of Commissioners to govern the Forest Preserve District of Cook County…